by Pamela Dennis | Sep 8, 2017 | Blog, Business Interest Protection, Costs, Futures, Guarding Assets in a Sale, Planning, Protecting a Business, Selling a Business, Transferring ownership, Transitions
Auto seatbelts have been around for over a seventy-five years. Remember those two-point lap belts in the fifties? Seatbelt installation wasn’t required in US cars until 1966. By 1981, only 11 percent of US drivers used them. It wasn’t until 1989 that most states...
by Pamela Dennis | Jul 25, 2017 | Blog, Car Love Affairs, Entrepreneurs, Growth, Growth Challenges, Leadership, Planning, Start-Ups, Transitions
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;...
by Pamela Dennis | Jun 16, 2017 | Blog, Car Love Affairs, Entrepreneurs, Growth, Growth Challenges, Leadership, Planning, Selling a Business, Start-Ups, Transitions
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 will look...
by Pamela Dennis | May 11, 2017 | Blog, Boomer Perspectives, Planning, Selling a Business, Transitions
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...
by Pamela Dennis | Mar 30, 2017 | Blog, Buyer Options, Car Love Affairs, Customers, Planning, Selling a Business, Transitions
Last week I sold my favorite car. It was a 1998 Audi A4 Quattro with only 110,000 miles on it. It lived for 10 years in Boulder, and then 10 years tucked in a rust-safe garage at our beach house in San Diego. It was pearl white with creamy leather seats and barely a...
by Pamela Dennis | Feb 28, 2017 | Blog, Boomer Perspectives, Encore, Growth, Planning, Selling a Business, Transitions
Getting Older, Letting Go, Moving Forward When I was selling my company, I was frequently asked, “What’s next?” or “What are your goals now?” I was only 55; surely I had big plans. When I was writing Exit Signs, I heard a constant question from Boomer owners young and...