If you’re like many business owners I’ve known throughout the years, you’ve poured your heart and years of hard work into building your thriving business. You likely excel at piloting your company, you understand your customers and their needs, and you’re a well-respected leader whose people look to you for inspiration and guidance. Now and …
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With business comes constant challenge. As a business owner or leader, you’re faced with problems to solve and decisions to make every day. Sometimes that responsibility can feel overwhelming and may keep you up at night. The solution? Take a break! We’ve likely all had the experience of suddenly being struck, “out of the blue,” …
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More business owners are choosing a different kind of exit strategy that involves stepping back from day-to-day operations without retiring or severing ties with the company they built. On the surface, a transition like this can seem straightforward, but rarely is. In my recent work with a family-owned business, what appeared to be a simple …
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Have you ever shared the frustrations you’re facing with your business, only to see a blank look on the face of the person to whom you just poured out your heart? They don’t get it – they haven’t been there. On the flip side, have you felt the relief of sharing your story and the …
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To optimize business success your focus should be on both growing your company today and planning your exit objectives. These endeavors are most effectively pursued concurrently and maximizing the value of your business is foundational to achieving both short and long-term goals. Maximizing value – for today and tomorrow – hinges on identifying and prioritizing …
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Whether your focus is on building your business now or planning for an exit down the road, there’s obviously a lot you need to know. As a business owner juggling a multitude of priorities, you may wonder… where do I even begin? Every business owner needs a guide when it comes to planning for what …
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New Year resolutions often don’t last long because they don’t dovetail with what’s truly important to us. Now that we’re a month into the year, it’s a perfect time to reassess your genuine priorities. I’d venture that, at the top of that list, is the well-being of your family – including a secure future – …
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In my work as an exit strategist, I’ve heard multiple reasons from business owners for not starting an exit plan, often because it seems too far off to think about. Many haven’t considered the immediate rewards it yields, including a thorough business plan that can be used to support growth in their company today! So, …
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You’ve heard a lot from me recently about the importance of working ON your business – rather than just IN it – and setting aside time every week to do so. One of the best uses of that time is starting – if you haven’t already – and developing your exit plan. “Why?” you ask. …
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As business owners and leaders, we know that working ON your business (not just IN it) is the key to keeping your company on track, moving in the right direction, achieving success, and sustaining growth. It is easier said than done, but there are specific actions you can take to make this process a habit. …
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