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Through persistence, hard work, and a willingness to learn from mistakes, Max tactfully planned for nothing less than success.
Boards aren't just for large public companies. Even newer, privately held firms can benefit from having a board. It's about governance and strategic guidance.
Entrepreneur burnout happens more often than you may realize. 75% of entrepreneurs report occasional or frequent burnout. Listen in as Cesar describes his personal journey of rediscovering the passion for his business.
Laurie and Alex explore the journey of creating a legacy company, understanding the founder-market fit, and discovering the nuances of building a brand around a commodity product.
Laurie sheds light on the pivotal role of finding best-fit buyers and effectively communicating your business's unique qualities to enhance its valuation.
Laurie and Ken explore the topics of ownership succession, sale to an ESOP, and the legacy he hopes to leave on the company and beyond.
Laurie Barkman underscores the importance of succession planning, noting that every business owner will eventually depart from their company. To shed light on this crucial topic, she invited author Beth Armknecht Miller back to her podcast, 'Succession Stories,' where they delve into Miller's book '...
Chris Panagiotu discusses what eventually all business owners need to determine about their exit and financial future. Know what you need to live on so you don't find yourself surprised if the after-tax number doesn't fully meet your retirement needs.
Discover strategies for choosing between financial and strategic buyers, creating a sell-ready business, setting an exit timeline, understanding buyer motivations, and working with expert advisors to achieve a successful exit and unlock valuable options for your future.
Rick talks about growth and self-awareness as a leader; taking a strategic view from the balcony; and why strategic transition planning done well includes the emotional and personal side, not just the practical stuff.
The Murdoch family transition provides an interesting case study in succession planning, and why it's important to prepare for leadership transition and communicate expectations for next generation success.
Brian Trzcinski discusses questions business owners need to answer to enhance value and reduce risk.
The problem statement is a compass that guides your team through the maze of challenges toward efficient solutions. However, crafting a problem statement isn't as simple as it may seem; it requires finesse and precision.
Business transition and succession planning involves big decisions. There are emotional aspects too! While there's no one roadmap, here are six critical steps to achieve business transition success regardless of which path you take.
Ever wondered why some business owners experience feelings of regret after selling their businesses? In this webinar titled "How to Avoid Exit Regrets," we delve into this often-overlooked aspect of business ownership.