A quote commonly attributed to William Shakespeare applies in nearly every relationship but always reminds me of a common pitfall in family business transitions: Expectation
According to the Conference Board, there is a 99% probability of recession within the next 12 months.[1] That expectation raises a question for owners who
In early 2023, the Colorado Chamber of Commerce released the Colorado Competitive Landscape Report: 2022 Sentiment and 2023 Outlook. In it, CEOs of public, private and
Owners who ask me whether I recommend selling their companies to a third party are often stunned by my answer: Maybe or maybe not. They
I’ve written about the three primary reasons owners get unstuck and take the leap into their business transition journeys: 1) a reckoning with mortality, 2)
Procrastination: It’s a behavior that everyone agrees is rarely productive and yet, in some areas of our lives, we’re all guilty of it. When we
If you run an enterprise alone or with only one partner, no committees or obstacles prevent you from making decisions or changing direction on the
In a prior article, I wrote about four elements (or competencies) of emotional intelligence that serve business owners well when involved in transitions. In this
As a successful entrepreneur, it’s natural for you to solve some problems by thinking outside of the box. That ability to put disparate elements together,
At some point, you, like every owner, will think about the day you will transition the leadership of your company to a new owner. Today,
