Why aren’t more $2-10M EBITDA companies hiring a CIO?

This one hire is something all profitable, cash-flowing traditional businesses can do. Yes, it can be a significant investment -- great specialists aren’t cheap -- but in the right setup, it can completely change the trajectory of a company.I share two real-world examples of owner-operated, non-glamorous businesses that hired a Chief Investment Officer to professionally manage excess cash. In both cases, capital allocation quietly became the dominant profit engine, generating the majority of group earnings while the core operations remained stable and conservative.TIMESTAMPS0:00 The hidden problem of excess cash in profitable businesses1:55 When reinvestment, M&A, and dividends all stop making sense2:00 Hiring a Chief Investment Officer3:10 Case study: a fruit importer that turned cash into its main profit engine4:40 Case study: a family manufacturer where capital allocation drove 80% of profits6:45 Why capital allocation becomes the real growth engine over timeSponsors:https://capitalpad.com/ - A deal-by-deal private equity investing platformhttps://www.spacebarstudios.co/inquireFollow Mikk/PrivateEquityGuy on Twitter: ⁠⁠https://x.com/PrivatEquityGuyThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.