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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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Tag Archives: Boomer Bust
The Pig in the Python
The title of this section refers to a well-known biological phenomenon. The python family of snakes have hinged jaws that allow them to swallow animals much larger than their heads. These animals are gradually consumed as they pass through the … Continue reading
Posted in Exit Planning, Exit Strategies, Thoughts and Opinions
Tagged Baby Boomers, Boomer Bust, exit planning, small business
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The Approaching Tidal Wave
A year ago this month, I began speaking to business owner groups about “Beating the Boomer Bust.” Since then I’ve delivered the presentation over 20 times, both locally and to national groups, and the requests for it are increasing. It’s … Continue reading
Looking forward to the next installments.
Great teaser to the rest of the series.. As a Gen X’r trying to work with a Boomer boss on potential exit strategies, this is spot on.. On a different level, living in deep South Texas, where today, over two in five people is under 25, I am curious as to what we can do as a region to create the type of economic renaissance that America experienced as the Boomers came of age….
As always, Good Stuff, John!
I have always known that the generational impact of the Boomers has been undervalued in business. As this high-powered generation gears up for retirement, the last thing we should do is wait to see what will happen. In fact, I have watched as this influential generation has struggled to step aside and actually retire. New retirement ages and redefining retirement as launching a consulting career are a part of this.
In addition, Generation Y is coming on to the scene, uninterested in playing by the Boomers’ corporate rules. What I am wondering is, how will Generation X stay in the game as the business rules are being rewritten?