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Promise Partners

PROMISE PARTNERS

Our Mission: To Empower our Members to achieve their Dream of Business Ownership 

What is Promise Partners:

Promise Partners is an Entrepreneurship Through Acquisition (ETA) Accelerator that helps entrepreneurial people achieve their dream of business ownership.

We help less experienced members navigate their career paths towards the goal of business ownership. We help more experienced members create a strategy to buy an existing company or earn their way into ownership.

Many organizations help with start-ups.  Promise Partners is the only organization in the world with 30+ years of helping people long term go from employee to business owner using various Entrepreneurship Through Acquisition (ETA) strategies. 

To date, 66 members have become business owners.  Most have said they could not have done it without us.

Audience Promise Partners Serves:

Aspiring business owners, who are proven entrepreneurial business leaders committed to doing whatever it takes to achieve their dream of  business ownership. 

We also collaborate with existing small business owners seeking creative ways to grow and improve their companies and want to mentor members (aspiring business owners) and potentially hire/partner with them. 

Our strengths are serving people on the following paths to business ownership:

  1. “Buy and Build” - Finding a company to acquire and grow as the new CEO using various ETA models
  2. “Apprentice Owner / Earn in” - Gain experience in a key role with a smaller firm (what Promise calls a "Right Hand Person" role), that might lead to ownership, but always yields valuable benefits for the business owner and apprentice
  3. “Seasoned Start-Up” - Launch a new firm in a proven market avoiding most of the typical start up challenges 

We are not well suited to assist traditional start-up (new ventures with unproven product / market fit) or those who have already become seasoned business owners.

  1. Start-up entrepreneurs are better served through organizations like JumpStart, Bounce, YBI, etc.
  2. Current business owners looking to improve operations at their companies are better served through organizations like Vistage, YPO, EO, coaches or dedicated consultants, etc

FORM TO CONTACT PROMISE & LEARN MORE

Promise Partners Guiding Principles:

These guiding principles, or values, guide our behavior as we strive to help members achieve their dream of business ownership. 

Purposeful ActionAchieving the dream of business ownership demands a proven strategy and persistent action.

Encourage CourageWe encourage and celebrate the bold steps taken to become a business owner, especially the initial leap.

Play BiggerGoing farther faster towards our full potential is driven by our collective wisdom and relationships.

Pay It ForwardThe greatest impact of achieving the dream of business ownership is to help others achieve theirs.

WHY JOIN PROMISE PARTNERS?

Learn from others who    have been  there

The best way to achieve business ownership is to learn from others who have successfully become business owners and surround you with others currently on the pathway to ownership. New members can analyze their career path through the lens of their business ownership dream, and apply what they learn from others who have achieved it.

Results

Promise Partners has helped 66 members become business owners "heroes" in 92 businesses.  Less than 2% of Americans owns a business compared to 45% of Promise Members who remain in Promise for three years or more.

Consider Unexpected Paths

Explore different paths to business ownership and navigate your individual journey.

6.0.4

2023-2024 EVENTS

  • September 13, 2023 - Flight Orientation
  • September 21, 2023 - Quarterly Meeting
  • October 11, 2023 - Learning Lab: Insurance
  • October 25, 2023 - 2nd Annual ETA Symposium
  • November 1, 2023 - Learning Lab: Accounting 
  • November 30, 2023 - Quarterly Meeting
  • January 18, 2024 - Learning Lab: Banking
  • February 15, 2024 - Learning Lab: Advisory
  • March 7, 2024 - Quarterly Meeting
  • March 13, 2024 - Learning Lab: Net Working Capital 
  • April 17, 2024 - Learning Lab: Legal
  • May 2, 2024 - Annual Meeting
  • May 21, 2024 - Icarus Cup
For more information go here. Please note, for most events, you must be a member and signed in to register. 
"Achieving one's promise is the gift of a lifetime, endowing the human experience with nobility."
-Richard Osborne

Promise Partners Inc is a 501(c)(6) organization

Promise Partners Inc 

2001 Crocker Road, Suite 510
Westlake, OH 44145

216-566-8884

admin@promise-partners.org

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