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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: Life After
Internal Leaders Affect the Value of Your Business
Internal leaders may not be obvious and can influence your team either positively or negatively. If you fail to identify them, however, you could see a dramatic effect on the value of your company. Continue reading →
Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Leadership, Life After, Management
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Tagged Baby Boomers, business ownership, business planning, business strategy, employee performance, employees, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, leadership, management, selling a business, small business, small business advice
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The Coaching Skill in Exit Planning
Technical advice is a requirement in exit planning, but coaching skills are too often overlooked. Continue reading →
Posted in Exit Planning, Exit Strategies, Life After
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Tagged business strategy, entrepreneurs, exit planning, exit strategies, small business advice
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Baby Boomers’ Influence – Still Strong
There is ample evidence in the marketplace that Baby Boomers’ influence is still powerful. From walk-in tubs to stand-up bikes, and from pharmaceutical commercials to river cruises, Boomer tastes are catered to in every market. We all know the sterotypes … Continue reading →
Posted in Exit Planning, Life After
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Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, economy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, financial, health care costs, leadership, selling a business, small business, small business advice
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Exit Planning: Controlling Your Choices
Many owners are reluctant to plan for their departure from the business. In some cases it’s because they are too comfortable with ambiguity (see my previous post.) For others it is because they fear losing control. They believe that setting a … Continue reading →
Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Life After
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Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, selling a business, small business, small business advice
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Ambiguity Kills Value
Ambiguity kills value. That was a key point in a white paper from Orange Kiwi that I read over the holidays. Taken from the PhD thesis of Dr. Allie Taylor, the paper describes the psychological profile of entrepreneurs, and their historical … Continue reading →
Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Life After
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Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, management, selling a business, small business, small business advice
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