Helping Business Owners Chart Their Exit Strategy
Exit Signs provides a practical set of maps unique to the tsunami wave of business owners who will be looking to sell their companies in the next five to ten years. Using the metaphor of a road trip — of maps, GPS, directions, and hazard warning signs — it helps you navigate the course of leaving with pride, a profit and a legacy. Exit Signs conveys the lessons of my journey — of leading and owning a business and in working with owners and leaders. It conveys the importance of leading in ways that let you leave a sustainable business profitably and with a legacy of which you are proud. Learn more about the book.
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In my last blog post I began with a picture of a classic ’57 Chevy Bel Air. It was a metaphor for the need to let go of some of the things you loved about your company’s Good Old Days of go-go growth. My point was that each stage of company growth has its strengths;...read more
Growth and the Good Old Days This is the first of a two–part blog post on Surviving Growth, based on a workshop I’ll be presenting this month for the Denver Business Journal. Part 1 looks at the characteristics and challenges of four stages of growth. Part 2...read more
I’m speaking soon to a group of business advisors about helping their clients gain a sense of urgency about exit planning, since only about 15 percent of business owners have a written plan. I was asked to be sure to think about the role of insurance. Insurance!? I...read more