ATLANTA, June 26,
2024 /PRNewswire/ -- Parker H. "Pete" Petit, an
experienced entrepreneur, public company CEO and philanthropist,
announces the launch of his new book, "The Entrepreneur's Dilemma:
Should I Take My Company Public?" This compelling first-person
account chronicles Petit's thrust into entrepreneurship by the crib
death of his infant son. His response to this tragedy led him to
the helm of five publicly traded companies over his career. This
book also outlines the dramatic events that unfolded during Petit's
last tenure as CEO of MiMedx, the 5th fastest-growing public
company in 2017, as ranked by Fortune Magazine.
In "The Entrepreneur's Dilemma," Pete
Petit offers a riveting narrative that delves deep into the
challenges he faced while steering MiMedx through tumultuous
times. The book provides a close look into Petit’s first hand
dealings with short sellers and experience in handling an internal
company coup. It further details the unprecedented challenges Petit
encountered, including his indictment by the Department of Justice
via the Southern District Court of New
York. This legal battle, according to Petit, "clearly
illustrated the unbalanced nature of today's legal system."
More than just a personal memoir, "The Entrepreneur's Dilemma"
serves as a vital textbook for CEOs, their executive management and
board of directors. Petit shares invaluable insights on how to
prepare for, protect against and navigate the complexities of
America's "new" judicial system as a public company. His
experiences and lessons learned are essential reading for anyone
considering taking their company public or managing a public
company.
"Writing this book was a cathartic experience and an opportunity
to share the hard-earned wisdom I've gathered throughout my
career," said Petit. "I hope it serves as a guide for future
entrepreneurs, business leaders and their shareholders to better
navigate the unbalanced legal system faced by today's public
companies."
"Pete" Petit had an illustrious career marked by significant
achievements and contributions to the fields of entrepreneurship
and philanthropy. As the founder and former CEO of Healthdyne,
Matria Healthcare and three other subsidiaries, Petit led the
development of innovative healthcare solutions, many of which
propelled them into leadership roles within their sectors of
healthcare. His leadership at MiMedx further exemplified his
ability to drive rapid growth and innovation, making him a
respected figure in the business community.
"The Entrepreneur's Dilemma: Should I Take My Company Public?"
is now available for purchase. To learn more and to order your
copy, visit www.petepetit.com/book, the official website for
the book.
About Parker H. "Pete" Petit
Parker H. "Pete" Petit is an accomplished entrepreneur,
philanthropist, author and business leader with a distinguished
career leading multiple, successful public companies, which span
several decades. As the former CEO of MiMedx, he led the company to
become the 5th fastest-growing public company in 2017, according to
Fortune Magazine. Petit is also known for his philanthropic
efforts, supporting various charitable causes and contributing to
the advancement of healthcare solutions, college education and
research.
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SOURCE Parker H. "Pete" Petit