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Ep.207: Alex (@aebridgeman) is joined by Savneet Singh (@SavneetS).\nMy guest today is Savneet Signh, CEO of PAR Technology, a billion-dollar market cap publicly traded point of sale software business serving the restaurant industry. I\u2019ve been following Savneet\u2019s career since college when he went on Invest Like the Best talking about acquiring software businesses through his holding company Tera. Through that work he connected with PAR, joining the board and eventually replacing the CEO. Since then he\u2019s turned the business around and is finding more success.\nSavneet and I talk about turning around teams, management techniques he\u2019s developed, his role as a teacher and chief communicator at PAR, and his views on software businesses from an investor perspective. \nListen weekly and follow the show on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Breaker, and TuneIn.\xa0\nLearn more about Alex and Think Like an Owner at https://tlaopodcast.com/\n\nI want to tell you about the audience survey we are currently running. These surveys help us create the best content for listeners and better understand your needs and interests. Thank you in advance for sharing your feedback, we greatly appreciate it.\xa0\nTake the survey here: https://bit.ly/3QLBB1N\n\nLinks:\nPAR\nAn Excellent Puzzle by Will Larson\n\nTopics:\n(00:00:00) - Intro\n(00:04:02) - Joining the board of Par, becoming CEO, and saving the company from bankruptcy\n(00:14:08) - Retaining speed over time\n(00:16:22) - Stages of structural changes\n(00:18:48) - Nurturing healthy tension\n(00:20:32) - Incentive models\n(00:25:29) - What have you learned about your role in making hard decisions?\n(00:29:08) - Communication styles\n(00:32:34) - What does a typical week look like for you?\n(00:34:23) - How has your view of M&A changed?\n(00:36:45) - What distinguishes a great product?\n(00:38:01) - Is being the all-in-one solution becoming the trend in SaaS?\n(00:40:01) - What stands out as a trend in software right now?\n(00:42:24) - Takeaways from running and growing product teams\n(00:43:59) - Communication between sales or product and customers\n(00:45:11) - Advice to listeners