About Us

We intend to build on four key trends over the next decade

Key Trends

“Between the launch of GPT-4, which was not quite a year-and-a-half ago now, it’s 12 times cheaper to make a call to GPT-4o than the original chat or the GPT-4 model, and it’s also six times faster in terms of time to first token response.” – Kevin Scott, CTO Microsoft @ Microsoft Build 2024

A new study on the impact of generative AI on highly skilled workers finds that when artificial intelligence is used within the boundary of its capabilities, it can improve a worker’s performance by as much as 40% compared with workers who don’t use it…But when AI is used outside that boundary to complete a task, worker performance drops by an average of 19 percentage points. – Navigating the Jagged Technological Frontier

80% of institutional knowledge resides in workers’ heads
~10,000 baby boomers retire every day

Founders looking for next generation leadership to take their businesses to the next level
This next generation needs professional development, functional platforms to support them, and an ownership structure aligned with their growth

Who We are

How do you help founders scale their legacies?

How do you best participate in one of the most transforming technological trends of the past century?

How do you create life-changing career opportunities that satisfy people’s hunger for entrepreneurship, innovation, and ownership?

These are the trends that BACbone is built to capture.

Founded by an entrepreneur and former Senior Partner at McKinsey & Co., BACbone is seeking to help founders of business services and software firms extend and expand their legacies.

We believe that the next twenty-to-thirty years will present opportunities for proactive service providers to significantly grow their revenue and margins by tapping into technology and new sales & marketing skills. We believe that this future growth requires deep subject matter knowledge and customer relationships built over years of experience. We believe that with the right structure and mindset, this technology will enable young, front-line personnel to take-on greater responsibility and grow into the leaders of tomorrow.

We aim to partner with founders who have a desire to see their businesses continue to expand and tap into new technology and sales and marketing to offer innovative service and software offerings.

Our vision is to combine deep experience with cutting edge technologies through the application of our "Bacbone" of capabilities - software development, AI, sales & marketing, and finance and HR. These capabilities have been honed with large companies through hundreds of consulting engagements as well as with smaller companies over the past 10 years of the founder's investments.

One example of this transformation is that of RKNeal/Verve. BACbone partnered with the founder of an industrial services business to help transform the company into a high-growth software and services firm. Together they leveraged our capabilities in enterprise sales, marketing, software businesses, and organization development with RKNeal/Verve’s deep understanding of industrial controls technology to increase the company by 6X and completely shift to recurring revenue.

Although the financial and operational metrics are important, the ultimate objective was to create a foundation for each of the staff members to grow into leadership roles where they could achieve far more than if the company had remained independent.

Bacbone is built to replicate this success across a range of different industries. The acceleration of AI combined with the retirement wave hitting service industries and their customers will create opportunities for winners to grab significant share and disrupt larger players that do not adopt as quickly.

We provide capital for liquidity or growth as well as new skills, not only in application of technology like AI, but in go-to-market, finance, offering development, and recruitment and training.

Bacbone is actively partnering with owners, founders, and entrepreneurs to build organizations far beyond what each can do independently. We will combine the “bacbone” of capabilities with founders’ deep understanding of industries, to enable front-line entrepreneurs to deliver innovative offerings to customers, to offer customers outcomes rather than hours or projects, and to create sustainable, recurring revenue businesses.

This model of partnership – capital liquidity, no management fees, active participation in operations, and true shared decision-making – can create dramatic returns.

Together these elements will allow staff members to pursue new personal economic and professional growth opportunities while providing innovative outcomes to clients.

This transition towards outcome-as-a-service and AI-enabled delivery will evolve over the next 25-30 years. It is our mission for our “next 10,000 days” – to be at the forefront in partnership with experts in their fields.