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Stan Spavold

Strategic Concepts & Mechanics

Signature MoveHelicopter View, Signature Page Only
Cornerstone MoveWire Fifty Million on Trust Alone
Competitive AdvantageAtlantic Canada Thinks Small—Exploit That
Signature MoveTechnology Moat or Nothing
Strategic PatternAspiration Interrogation at Every Meeting
Operating PrincipleForest Thinker Needs a Tree Counter
Risk DoctrinePre-Emptive Divestiture as Political Shield
Capital StrategyTrusts Own Everything, Founder Owns Nothing
Strategic PatternSpeed Kills Bureaucracy in Acquisition
Signature MoveFully Deployed, Never Liquid
Cornerstone MoveBuy the Quota, Chop the Shell
Capital StrategySwinging for Multiples Not Singles
Risk DoctrineWindfall Redeployment Not Windfall Savings
Relationship LeverageGenerosity as Network Currency
Operating PrinciplePromise First, Engineer Later
Cornerstone MoveDinner Conversation to Billion-Dollar Platform
Signature MoveLodges, Jets, and Yachts as Deal Magnets
Signature MoveVisionary at the Helm, Operator at the Wheel

Primary Evidence

"“John’s totally, 100 percent invested in long-term active assets,” CFFI president Stan Spavold explained. “Most of our investments are active, private, and in various stages between startup and mature. But most of them are in the early-stage development.”"

Source:Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire

"Risley doesn’t fund his investments using only his own money, pulled from some bottomless supply of cash. “We couldn’t grow as fast as we have grown by doing that,” Stan Spavold, CFFI Ventures’s president, explained. Much of Risley’s investing is done with borrowed money, primarily from banks. “We are a net borrower,” Spavold added. “We don’t maintain a pool of liquid assets. We are fully deployed in our investments.” Gains produced by those investments are redeployed into new ventures, continuing the cycle. “We don’t look for investments that are going to return 8, 9, 10 percent a year. We are looking for investments that are going to return a multiple of our investment,” Spavold explained. “We’re not going for singles. We’re looking for doubles, triples, and occasionally a home run.”"

Source:Net Worth - John Risley, Clearwater, and the Building of a Billion-Dollar Empire

Appears In Volumes