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Monday Morning Drive: What I Learned From the Exit Strategy Workshop
Manage episode 440529674 series 3601368
Konten disediakan oleh Tom Stimson and The Stimson Group. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Tom Stimson and The Stimson Group atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.
Regardless of how you plan to ease yourself on to your next big thing, most owners agree that openly discussing an exit strategy — even if it’s years away — will cause panic and trigger resistance from their employees.
I, of course, take the counter-intuitive view that exit strategies are a vital element of any business plan. They answer the ultimate question about why the owner has a business — to monetize their career at a faster pace than being someone else’s employee, for instance.
Of course, a good exit strategy requires a healthy business. You can reward employees for helping you reach your goals. Why keep that a secret?
Two years ago, I brought a number of business owners together for a candid conversation about exit strategy and succession planning. Here’s what we learned.
https://www.trstimson.com/learn-from-exit-strategy-workshop/
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