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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.
John F. Dini, CExP, CEPA
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. Are you a Hunter or a Farmer?
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How prepared are you to exit your company?
The Assessment breaks down the four major categories of exit readiness; Finance, Planning, Operations and Revenue/Profit.
Tag Archives: exit strategies
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
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Do Goals Make a Difference?
To start the New Year right, let me tell you a true story about a goal. It was a little goal; or at least it started out that way. It certainly wasn’t a goal that was intended to be life … Continue reading
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Here’s an exercise
Nothing fancy. Just presume, for a second, that my last post was substantially right. We will have a technical recovery from an economic perspective, but it won’t feel anything like prosperity. Ask yourself two questions: 1. What will my business … Continue reading
One Response to Here’s an exercise
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Good thoughts, Our TAB board is constantly drilling that into us. If this is the business climate I'm in, what should I be doing.
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Freedom Isn’t Free
When asked what they like most about owning their own business, the majority of entrepreneurs put “freedom” at the top of the list. They describe it in a number of ways, working for myself, being my own boss, making my … Continue reading
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One Response to Small Business can Sell in a Recession
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It is true… business sellers are more and more confused in the current market scenario. In such a situation, an experienced business broker might be advisable for a main street business seller.
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?