Why Does a Business Need a Succession Plan?
I was meeting with a business owner last month who told me he’d been thinking about creating a succession plan for years. When I asked what had stopped him, he said something I hear often: “I’m not ready to leave yet, so why would I need a plan?” It’s a fair question. If you’re not […]
After You’ve Won on Paper: Finding Purpose, Identity & What’s Next with Jeff Munn
Episode Description: In this episode, Jeff and Elizabeth explore the emotional letdown that can follow major success, why overthinking often replaces clarity, and how slowing down creates access to purpose, identity, and aliveness. This conversation is especially relevant for owners navigating succession, exit, or leadership transition who are realizing that the real work begins after achievement. Tap or click […]
Transition 3.0: Why Doing It With Them Changes Everything
What an interesting concept: thinking about building a transition strategy together. That’s what we do with this concept of Transition 3.0. You’re moving from doing it for them to doing it with them. There are a lot of benefits in doing it together, not to mention that you get to know your kids better, you […]
What Are Business Transitions?
When someone asks me what I do for a living, I tell them I help business owners transition their businesses to the next generation with their family intact and their successor ready. Almost without fail, the next question is, “What exactly is a business transition?” It’s a fair question. And if you’re reading this, chances […]
The Gift of Not Knowing: Why You Don’t Have to Be Ready to Begin Transition
Episode Description: In this reflective solo episode, Elizabeth Ledoux explores one of the most overlooked advantages in business transition: not knowing. Drawing from her own succession journey and a recent client conversation, Elizabeth challenges the belief that owners and successors must feel “ready” before beginning transition work. Tap or click the play button below to listen to The Gift […]
The Gift of Not Knowing: Why Readiness Is a Myth in Business Transition
I was on a call with a business owner who had done everything right. He’d read “It’s a Journey,” worked through some of the exercises, thought deeply about his transition. He has a daughter working in the business and a strong non-family employee. Both could be part of his future plan. We were talking about […]
The Question That Could Derail Your Transition: Who Actually Owns Your Digital Assets?
I had a conversation with Paige Wiese recently that reminded me why some transitions fail despite perfect financials and flawless legal work. Paige is the founder of Tree Ring Digital, a Denver-based digital agency. Over her 16 years in the industry, she’s developed a framework for protecting digital assets during business transitions. “There’s value in […]
Digital Assets Are Business Assets: Protecting Value Before Succession or Sale
Episode Description: In this episode, Elizabeth Ledoux is joined by Paige Wiese, founder and CEO of Tree Ring Digital, to unpack one of the most overlooked—and increasingly critical—components of business transition: digital assets. Paige shares how websites, domains, marketing platforms, data, and third-party tools are now core infrastructure assets that directly influence valuation, deal confidence, […]
Why 60% of Business Transitions Fail (And How to Be in the 95% That Succeed)
After 30 years in this work, there’s one statistic that still keeps me up at night. 60% of transitions are going to fail. When I share this number with business owners, the gut reaction is like, well, they didn’t lock down their will enough or they had a bad tax strategy. And so all the […]