Diane Knudsen is Co-Owner of WBBS and The Alternative Board (TAB) in Ventura County, together with her husband Mark Knudsen. Diane brings a rich practical background of business ownership and commercial banking, that includes specialties in financial/cash flow management and business forecasting and strategy. As our TAB Boards come together monthly, Diane’s expertise combines with the business owner Members for a rich discussion of people, processes and tech that are fundamental to success of running a business, regardless of industry...such a great pool of wisdom!
Business Ownership can be a very isolating experience. Even when ownership is shared, the available sounding board can be finite and strained. Most Board of Directors for privately held businesses lack diversity and outside expertise, sometimes consisting only of family members. Having lived this for 20+ years running the media agency with Mark, a wider advisory circle where ideas can be presented, challenged and refined stood out as so meaningful to Diane! TAB Board discussions have a singular agenda: The success of every member. The built-in component of peer accountability means problems get solved, new initiatives take shape, and meaningful change happens.
Diane combines her desire to connect with local business owners with a curiosity about local programs and funding sources for small businesses. She has found that, too often, the business owners who can most benefit from grants and other local support are so caught up in the day-to-day process of running things, they miss these opportunities altogether. She works tirelessly to be an effective mouthpiece for programs available in Ventura County, so available funds find worthy recipients.
Diane and Mark were fortunate to find themselves in the right place at the right time in their 20+ years owning and running a media agency. Their particular advertising niche rode a wave of huge market success. As that market evolved, it came time to scale back that organization and consider new opportunities. They wanted their time and effort to have meaning. The mission of Wealth Building Business Solutions met the platform of The Alternative Board, and has grown to become an incredibly enriching experience for Mark and Diane, and the many Members in the TAB Ventura family!
The Knudsen’s have raised their family in Southern California and, while running their businesses, have been deeply involved in the community through church service and youth volleyball programs, with each having held leadership and coaching roles that have impacted the lives and futures of youth and adults alike. Their new chapter as Grandparents has blessed them with greater understanding – the desire for life balance only increases with age!
Diane earned a BS in Economics, with an emphasis in Business from UCLA.