Real Talk. Real Growth.
Real Results in the mid-market.

#28 Why Most CEOs Get Stuck Between $10M and $50M | And What Actually Gets You Out

or listen on

In this episode of CEOs Unscripted, host Jane Gentry sits down with Corbin Butcher, Managing Director of Beire Exhibitions in the Czech Republic, for a raw, unfiltered conversation about entrepreneurship through acquisition, cross-cultural leadership, and what it really means to evolve from a 1.0 to a 3.0 company.

Corbin shares how a military career, a “mediocre” stint in investment banking, and a Kellogg MBA led him and his wife Evona to buy a Czech exhibition company — armed with a shoebox full of business cards as their CRM — and turn it into a thriving, scaling business with 80 employees and 2.5x revenue growth.

Whether you’re leading a $10M or $100M business, this episode is packed with hard-won lessons on scaling systems, building partnerships, managing culture across borders, and knowing when to evolve as a leader before your company outgrows you.

📌 Episode Timestamps:

  • 00:00 — Cold open: No backup plan, just make it work
  • 01:07 — Welcome to CEOs Unscripted: Jane’s intro & what the show is about
  • 02:46 — Meet Corbin Butcher: From Chicago to the Czech Republic
  • 04:18 — Corbin’s background: Army officer, Iraq tours, Kellogg MBA
  • 06:06 — Why investment banking wasn’t the fit, and what was
  • 07:07 — The search fund model: Buying a business with your spouse
  • 08:18 — The challenge of being a European company trying to break into the US market
  • 10:51 — How to vet a strategic partner (and why face-to-face is non-negotiable)
  • 13:44 — The qualities that make or break a partnership under pressure
  • 15:08 — American work ethic vs. European work culture: The real clash
  • 17:08 — How Corbin built a high-performance culture within European labor laws
  • 20:31 — The pros and cons of being an American CEO leading a European company
  • 21:50 — Running a business with your spouse: The investor who called it “marital risk”
  • 24:38 — How Corbin and Evona divide roles and break ties
  • 25:36 — First-time CEO with no safety net: How do you learn on the fly?
  • 28:59 — The shock of COVID hitting an 85% leveraged company in year two
  • 31:40 — Beire 1.0 vs. 2.0 vs. 3.0: The lifecycle framework every CEO needs to understand
  • 33:13 — Sales in 1.0: A shoebox of business cards as a “CRM”
  • 36:53 — Operations in 1.0: When everything depends on one person
  • 38:18 — Why promoting your best operator to supervisor is often a mistake
  • 41:30 — What changed in 2.0: Systems, structure, and elevating internal talent
  • 43:05 — The power of vision: Can every employee articulate where you’re going?
  • 46:01 — How Corbin had to change as a leader from 1.0 to 2.0
  • 49:46 — How strategic planning evolves at each stage of company growth
  • 52:54 — Honest reflection: Some parts of Bira are still in 1.0 — and that’s okay
  • 54:01 — Rapid fire: Who’s the smartest person in your phone?
  • 55:36 — Best book of the last 12 months: The Wright Brothers by David McCullough
  • 57:09 — What Corbin does when he feels stuck
  • 58:27 — Closing thoughts and where to find more

Key Topics Covered:

  • Entrepreneurship through acquisition (ETA) and the search fund model
  • Scaling a mid-market company from 1.0 to 3.0
  • Cross-cultural leadership and managing European vs. American work culture
  • Building and vetting strategic partnerships in international markets
  • Why founder-dependent businesses are fragile, and how to fix it
  • Running a business with your spouse without losing your marriage
  • Leading through COVID with zero revenue and high leverage
  • The danger of promoting your best individual contributors into management
  • Why communicating vision is the #1 job of a scaling CEO

🎙️ About CEOs Unscripted:

Hosted by Jane Gentry — CEO advisor, Harvard Business School Entrepreneurial MBA mentor, and consultant to mid-market leaders for over 20 years — CEOs Unscripted is a bi-weekly podcast featuring unfiltered conversations with founders and executives who’ve been where you are. No fluff. No jargon. Just real talk that drives real growth.

Rate, Review & Follow

Enjoying CEOs Unscripted? We’d love to hear your thoughts! Leaving a quick rating and review not only supports the show but also helps other leaders discover conversations that can elevate their business journey. Simply head to Apple Podcasts, scroll down, tap the five-star rating, and share what you found most valuable.

Don’t forget to follow the podcast, too! With more insightful episodes and unfiltered conversations on the way, you won’t want to miss what’s next.

ABOUT JANE GENTRY

Jane Gentry has had a successful 30-year career as a CEO, Business Consultant, Executive Coach, and Keynoter. Jane formed her practice in 1999 and since then has partnered with her clients to improve growth, profitability, client retention, employee retention, leadership capabilities and business value.

Jane leverages strategies including the proprietary Value Blueprint to enable business owners and leaders to successfully create healthy organizations, plan for succession or sell their businesses for the highest possible market value. Jane is considered one of the top voices in leadership and sales.

CEOs UNSCRIPTED

Bi-weekly podcast by mid-market CEOs for mid-market CEOs

Welcome to CEOs Unscripted, the podcast where real talk drives real growth and delivers real results for mid-market leaders. Each episode offers an unfiltered, behind-the-scenes look at the wins, the losses, and the playbooks shared by CEOs, founders, and executives. Grab a seat and join us for unscripted, honest conversations about what it takes to lead, grow, and scale in today’s business landscape. 

no fluff. no jargon.