The Importance of Gratitude in Business Transitions
Several weeks ago, a business owner (let’s call her “Pam”) updated me on the status of her business transition plan, specifically on the progress her chosen successor was making toward becoming the one-day owner. The two conversations were a perfect illustration of the gain and gap concepts that Dan Sullivan and Dr. Benjamin Hardy describe […]
What Is It Like To Be A Business Transition Guide?
Episode Description: In this episode, host Elizabeth Ledoux explores her role as a business transition guide. Part consultant, part advisor, Elizabeth works with business owners and wealth creators to figure out the best options for transferring their assets. Tap or click the play button below to listen to: What Is It Like To Be A Business […]
The Role of Emotional Intelligence in Ensuring Successful Business Transitions
Episode Description: In this episode, host Elizabeth Ledoux is once again joined by Marcy McNeal, a strategist, transition guide, teacher, and coach at The Transition Strategists. Tap or click the play button below to listen to: The Role of Emotional Intelligence in Ensuring Successful Business Transitions. Elizabeth and Marcy explore various aspects of how social […]
Three Ways Owners Know It’s Time to Start Planning a Business Transition
Having worked with hundreds of business owners for over 30 years and being one myself, I recognize the signs that tell owners that it’s time to begin planning a business transition. Please note that these signals don’t indicate that it’s time to transition out of your company. Rather, they are signs that it’s time to […]
“Time passes whether I stand still or move.”
“Time passes whether I stand still or move.” Anne Barngrover Poet and author When I read “Time passes whether I stand still or move,” I thought about the owners who were running their companies in 2008 and have the battle scars to prove it. Sometimes and unfortunately, however, scars can prevent them from sensing the […]
Wealth Transition Planning with Brannon Fisher
Episode Description: In this episode, host Elizabeth Ledoux is joined by Brannon Fisher, Principal at Simon Quick Advisors, a multi-family office wealth management firm. Responsible for new business development at Simon Quick, Brannon provides wealth management and investment consulting services to clients. Tap or click the play button below to listen to: Wealth Transition Planning […]
Finding Freedom: How a Thoughtful Business Transition Changed Everything with Tom Kirk
Episode Description: In this episode, host Elizabeth Ledoux is joined by Tom Kirk, an entrepreneur who formed his first company at 27 and has since started or bought several companies, including FirstWave Financial. Tap or click the play button below to listen to: Finding Freedom: How a Thoughtful Business Transition Changed Everything with Tom Kirk. […]
Tax Efficiency in Business Transitions: Strategies & Considerations with Eric Lake
Episode Description: In this episode, host Elizabeth Ledoux is joined by Eric Lake, a Managing Tax Partner at Holben Hay Lake Balzer CPAs, an accounting and consultancy firm that is a division of SingerLewak. Tap or click the play button below to listen to: Tax Efficiency in Business Transitions: Strategies & Considerations with Eric Lake. […]
A Business Succession Plan is Your Best Retirement Plan
Have you crunched the numbers for the next phase of your life? When asked about our plans for retirement, most of us jump right into a financial discussion. We think of tax-advantaged saving mechanisms and managing and building the value of our financial assets and businesses. These are all great ways for business owners to […]
