Fri. Jul 19th, 2024

Entrepreneurs are like time travelers because they are focused on the future and anticipate changes. The problem is that the only way to grow and prepare for the future is to look ahead and plan for the future of the organization for several months.

Running a business can often feel like a complete roll of the dice for an entrepreneur, particularly if they are doing everything all alone. Whether an entrepreneur is starting a new business or struggling to comprehend their next move, there comes a period where even the most skilled entrepreneurs need the creative and visionary guidance of a business coach like Steve Istvan Preda. It is a challenging task for an entrepreneur to involve someone else in their business for which they have worked so hard, but if they choose the right person like Preda, it could also be the best decision they ever make.

Establishing an organization or deciding to establish one requires self-assurance and a great deal of bravery from the entrepreneur. However, even the greatest and finest leaders occasionally struggle with self-confidence. Building a brand is stressful and even minor setbacks can hurt your confidence. A business coach helps an entrepreneur understand their business, set better goals, and makes them understand where it is headed. Therefore, business coaches with the right skills, expertise, and experience can help these leaders in coping and combating these challenges.

Individuals like Preda, who have a lot of business knowledge and entrepreneurial expertise, help other entrepreneurs grow their businesses. Business coaches like him collaborate with their clients to help them overcome obstacles and achieve personal and professional objectives. They accomplish this by offering valuable guidance, introducing clients to key stakeholders, demonstrating various strategies and resources, training or mentoring clients, and so on. When it comes to working with a business coach, the options are virtually limitless. Because an entrepreneur is investing their time and money to acquire the services of a business coach, they should make sure that they choose a business coach like Preda, who can actually help them reach their goals by providing them with sound advice that will help them grow.

Because of his contributions to the business sector, Steve Istvan Preda has gained the reputation of a business coach, entrepreneur, author, speaker, and consultant. In addition to being the host of the Management Blueprint Podcast, he has served as the founder and editor of the Cégérték newsletter, the CFA Society of Hungary, and the M&A CEE network. Currently, Preda runs Strategy OS, Inc. as the president, which is a self-coaching strategy platform. Through this business, he provides the services of a business coach to help small and medium-sized businesses implement the Pinnacle and Strategy OS business operating systems. Additionally, through his inspiring podcasts, he provides different management frameworks which have assisted various entrepreneurs in transforming their leadership style for the better and have enabled them in bringing about meaningful change within their own companies.

To pursue his education, Preda joined the Mihaly Táncsics Grammar School and then enrolled in Budapest Business School, from where he received his Bachelor of Arts Degree in Accounting and Finance. This was followed by the government-sponsored scholarship to study international business management at Hanzehogeschool Groningen, Netherlands, in 1990.

In 1991, Preda stepped into the business world and started to work as an auditor for KPMG Peat Marwick McLintock, United Kingdom, but soon he resigned from KPMG to join the EBRD after earning his Chartered Accountancy from the ICAEW. After assisting the bank with structured debt financing and equity projects from 1994 to 1997, Preda was appointed as the head of trade finance and bond issues origination at ABN AMRO. In a short period, he became the ABN AMRO (Magyar) Bank’s spokesperson and secretary of the board and, later, took over ABN AMRO’s Corporate Finance operations in Hungary.

After earning the certification of Certified Financial Analyst from the CFA Institute, Charlottesville, Virginia, in 1997, he founded the CFA Society Hungary and served as the first and third president from years 2000 to 2005. In December 2003, Preda became the first president of the M&A CEE Network after coordinating and initiating its establishment. In 2016, he assisted and initiated MACEE in the process of its merger with global peer IMAP and represented MACEE on the IMAP board from 2007 to 2011.

In addition, Preda established and served as the managing partner of IMAP MB Partners. Apart from helping owners, entrepreneurs, and managers in selling and acquiring businesses in Hungary, he helped the company close more than thirty acquisition deals. In addition to acting as a chairperson and speaker for Vistage International, Preda also served as an executive coach and facilitated two Vistage Private Advisory Boards for CEOs and business owners in the Richmond Metro area. Additionally, Preda has also trained medium and small-size organization leadership groups as a licensed EOS Implementer.

As an accomplished author, Preda has written numerous non-fiction books, which include Pinnacle: Five Principles that Take Your Business to the Top of the Mountain, Buyable: Your Guide to Building a Self-Managing, Fast-Growing, and High-Profit Business, and Strategy OS: Implement an Advanced Business Operating System in Six Simple Steps.

His book, Pinnacle: Five Principles that Take Your Business to the Top of the Mountain serves as a guide for entrepreneurs and helps them in the development of personal business operating systems which are tailored according to the needs of the business. Steve Preda offers realistic approaches to entrepreneurs through his book that can help professionals in expanding their businesses, and make their employees more productive and efficient. Whereas his book, Buyable: Your Guide to Building a Self-Managing, Fast-Growing, and High-Profit Business, provides guidelines to entrepreneurs on how they can take their organization to the next level by optimizing performance and creating effective systems. Lastly in his book, Strategy OS: Implement an Advanced Business Operating System in Six Simple Steps, he sheds light on the Strategy OS Business Operating System and how it can be implemented through discipline, commitment, consistency, and teamwork. Apart from these books, he has authored various newsletters, which include the Cégérték & Firm Value newsletter.

As a business coach, Preda has cemented his place in the business sector by assisting and providing consultancy services to entrepreneurs in resolving the most pressing issues that are holding them back. Coaches like him know what works and what doesn’t in the corporate world because they see things differently than most entrepreneurs do. Thus, their valuable advice and guidance are extremely beneficial for entrepreneurs in today’s competitive business world.

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