What It Actually Takes to Hand a Family Business to the Next Generation
Episode Description: This is a special episode of the Business Transition Roadmap. Elizabeth Ledoux and her business partner Andrea Carpenter recently joined Family Business Magazine for a live webinar on preparing the next generation for ownership, and this episode brings that full conversation to the podcast feed. Elizabeth and Andrea walk through the win-win-win model and […]
A Shared Compass for Family Business Transition Planning
Because movement and direction are not the same thing. Every transition has a destination. But most business owners start moving long before they actually know where they’re going. Dates get set. A valuation gets pulled together. Legal documents start circulating. And somewhere in the rush toward execution, nobody has stopped to ask the harder question: […]
Family business succession planning works best when you build it with your successor
For thirty years I’ve watched owners assume the people coming after them will simply be ready when the day arrives. They’ve built something worth passing on, they’ve worked hard for it, and somewhere along the way they let themselves believe that readiness would sort itself out. Then the day comes. They look over their shoulder, […]
Drones, Renters, or Owners: Leading People Through Transition
Episode Description: In this conversation, Elizabeth sits down with Mike Wettlaufer, rear admiral, U.S. Navy retired, and a serial entrepreneur who spent 38 years leading people through constant change. Mike commanded squadrons, two ships including an aircraft carrier, and a global fleet of commercial and government vessels, and he now serves on startup and space […]
How to Know When It’s Time to Transition Your Business
Most of the owners I’ve worked with knew something was shifting long before they were willing to say it out loud. It didn’t show up on a balance sheet or in a valuation, and it almost never made its way into a transition plan. It showed up as a feeling. A little restlessness. A quieter […]
The Signals Are Already There
Episode Description: Elizabeth Ledoux has spent years guiding business owners through the messy, human side of transition, the part that does not show up on a balance sheet or in a valuation. In this solo episode she steps back from frameworks and structure to talk about the early signals that a transition is coming, often […]
Strategic Business Transition Guide for Retiring Owners
What the most successful owners understand that the rest learn too late: a good transition is built, not triggered. For most of my career, I’ve sat across from owners who built something real. A company with their name on it, or their family’s name, or a culture they shaped one decision at a time. And […]
When the Only Choices Are Hard Ones, Look for the Gray
Jimmy Taylor has lived the thing most business owners are afraid of. Over his career he built three companies. Two ended in successful sales. One was, in his own words, a colossal collapse. He was a founding partner of Novotus, a Texas recruiting firm that grew into the number one mid-market RPO in the country. […]
When Partners Get Stuck, Look for the Gray
Episode Description: Jimmy Taylor has lived the thing most owners are afraid of. He spent most of his adult life as an entrepreneur, built three companies with two successful sales and one full collapse, and was a founding partner of Novotus, a Texas-based recruiting process outsourcing firm that was named the number one mid-market RPO and […]