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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
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Category Archives: Exit Options
Lifestyle or Legacy – Part 3
Let’s turn to the Legacy Builders.They are the business owners who have achieved Lifestyle status (as defined in the last posting) but continue to work hard to build their businesses. Their objective is a company that does far more than … Continue reading →
Posted in Exit Options, Exit Planning, Leadership, Life After
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Tagged business ownership, business strategy, entrepreneurship, leadership, small business advice
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Lifestyle vs. Legacy – Part 2
Let’s define a lifestyle business. For our purposes, I’ll start with what it isn’t. It’s not the small retail store being run by someone who doesn’t need the money. A few years ago I was on a judging panel for a … Continue reading →
Posted in Exit Options, Exit Planning, Leadership, Life After
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Tagged business ownership, entrepreneurship, small business advice
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Lifestyle vs. Legacy – Part 1
There are three types of business owners. The first, which encompasses the vast majority of small businesses, is the one who simply wants to make a living from running his or her business. They dream of the day that they … Continue reading →
Posted in Entrepreneurship, Exit Options, Exit Planning, Leadership, Life After
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Tagged business ownership, business strategy, entrepreneurship, small business advice
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Small Business can Sell in a Recession
This was an article I had published in the San Antonio Express News yesterday. Guest Voices: Small businesses can sell in recession Many business owners think that the current recession has ruined their exit strategy. While the climate may be … Continue reading →
Posted in Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Thoughts and Opinions
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Tagged business brokerage, business ownership, business planning, business strategy, economy, employees, exit strategies, financial, marketing, sales, sales management, selling a business, small business
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