From 0 to 300 Employees: How Consulting Funded His 7-Year Power Move!

In today's episode, we have Lynnwood Owens Jr., the founder and president of LBO Technology, LLC. Lynnwood and he shares the story behind his company, which was founded in 2009 and is headquartered in Leesburg, Virginia. LBO Technology specializes in professional services, including PMO support, data analytics, administrative support, and organizational training and development, particularly in diversity, inclusion, and equity training. They also offer full lifecycle software development, system maintenance, help desk support, and cybersecurity services.

Lynnwood discusses his participation in events and exhibitions, emphasizing the importance of being selective as a small business due to potential cash flow challenges. He highlights the networking opportunities and benefits of exhibiting, particularly when targeting specific agencies and stakeholders. Lynnwood also shares insights into financing a startup, mentioning his experience as a consultant that provided him with the necessary capital to launch the company without dipping into personal savings.