Succession & Transition Planning
December 21, 2012
Can you build a business based on the precept, “do what you love and the money will follow”? Maybe.
Viewers of the successful TV showDragon’s Den or its American spin-off, Shark Tank have seen many examples where that advice for entreprene...
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November 26, 2012
If you want to free up your time to focus on the bigger issues necessary to transition your business, you need someone who will begin to take on more and more of your current daily workload. Ideally that person will be, or have the potential to becom...
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October 24, 2012
Entrepreneurship could be seen as the ultimate adventure in the pursuit of happiness. Think about it. When you became an entrepreneur, you envisioned how life would be running your own business. You’d be in control, making your own decisions, worki...
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September 24, 2012
Robert was a frustrated sales manager. He worked for Ivan, an opinionated, controlling, autocratic boss, who also owned the company. In the past, Robert had given everything to the job. He liked the business, the work and the customers – and he had...
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August 21, 2012
I expect that most of us readily agree that we love our spouses and families. Although, you probably don't love your employees in the same way. If they've worked for you for a long time and helped you build a business that has supported your family o...
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July 21, 2012
“Two roads diverged in a wood and I –
I took the one less travelled by.
And that has made all the difference.”
Robert Frost
If you’re a baby boomer business owner (BBBO) you face a difficult decision. You’ve grown a business, prob...
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June 25, 2012
One side benefit of transitioning yourself and your business is that you can take advantage of opportunities when they arise.
My 28-year old son is working on The Rural Resilience Project; interviewing and video-recording community leaders from ru...
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May 22, 2012
In his book, Man’s Search For Meaning, Victor Frankl wrote about the importance of purpose and a goal in one’s life. An Austrian psychiatrist, he wrote from the perspective of having survived the horrors of the Nazi concentration camps. His life ...
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April 22, 2012
Imagine that you are looking to buy a business. You walk into your current premises, pretending to be a customer, in order to scout it out. As you walk through the front door, what do you see? What do you hear? What do you smell? What’s your first ...
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March 26, 2012
If you intend to transition or sell your business you must be prepared to make significant changes. And, if you don’t control and manage those changes, it is inevitable that someone else will – with or without you.
John Kotter, one of the foremo...
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