6 Owner Qualities to Improve the Odds of a Successful Transition
6 Owner Qualities to Improve the Odds of a Successful Transition Episode Description As a business owner, the skills that you build during the beginning of your business are all about growing and developing the company you have created. When you then start a transition and pass on the business, the way you use those […]
The Business of Family Succession with Jennifer Johnson
The Business of Family Succession with Jennifer Johnson Episode Description In this episode, we’re joined by the owner and Lead Lumenista at The Light Center, Jennifer Johnson. Almost 10 years ago, Jennifer took over a 51-year-old lighting company from her father and turned to Elizabeth and the Transition Strategists to assist in that succession. Listen […]
3 Assumptions Business Owners Make About Succession
3 Assumptions Business Owners Make About Succession Episode Description Many clients come to us with a preconceived idea of how their transition or succession is going to go. Whether they have heard stories, done their own research, or experienced a transition at a previous company, it’s easy for business owners to have reservations or fears […]
The Key Role Your Next Adventure™ Plays in Your Business Transition
Transitioning a business to a successor is easy for owners who aren’t interested in the future of the companies they’ve built and believe that leaving behind a trail of broken relationships is just the price of a business transition. Business transitions are not so easy, however, for owners who care deeply about their relationships with […]
Why Business Owners Get Stuck in Their Transitions
Why Business Owners Get Stuck in Their Transitions Transcript Business owners get overwhelmed with that kind of thing, because they’re talking to their advisors and their advisors are wonderful. I work with advisors. And I believe it takes a team to get this transition and transaction done. Always, it takes a team. And […]
What To Do When Your Child Doesn’t Want to Take Over Your Business
“Mom, I need to tell you something… ” These words would set off alarm bells in most parents’ heads, but the ringing can be deafening when they come from the child you always dreamed would take over your business. That dream can shatter when the sentence that follows is: “Running this company is an amazing […]
Business Succession is a Team Sport
Business Succession is a Team Sport Transcript “…and on the list pretty much all day long, I just kept talking to her about how she was going to transition and that somebody was going to come in. And it took me all day, to help her to really understand what it meant for her […]
An Interview with Elizabeth from The LoCo Experience Podcast
Episode Description In this episode, you’ll get to hear an interview that your host, Elizabeth Ledoux, did with Curt Bear on The LoCo Experience Podcast. Elizabeth’s story is an essential part of The Business Transition Roadmap, and you’ll get to hear all about her life and journey into the business transition world as well […]
Intro to The Business Transition Roadmap
Intro to The Business Transition Roadmap Transcript Two years ago, I created a process. And we call it the business transition Roadmap process, of course, where what we do is we help business owners figure out their direction, which direction do you want to go. And then once they know a direction, we […]
Succession Planning Done Right
The HBO series Succession is a dramatization of the transition of a business from one generation to the next, a morality tale about what can happen when a Generation 1 owner fails to create a coherent plan to pass a business to members of Generation 2. It has been successful with both critics and audiences, […]
