Now that you have finished envisioning your future, evaluating your time resources, examining what to let go of, and establishing what resources you need, you probably want to get started, but before you do, you need to stop. “X” – The “Stop & Start” Stage in EXIT Readiness This is the step that prepares you […]
EXIT Readiness – 12 Step Process – “E”
The 4E’s, of the EXIT Readiness Program, start the path to envision the future for yourself, after the business, evaluate your resources, so you know what you currently have, examine what to let go of, and establish the resources needed to begin the transition. I use the word ‘transition’ because making a decision to create […]
EXIT Readiness – 12 Step Process – “I”
You are the founder of your business. You want to EXIT your business in the future and you know there is probably something you need to do now to get ready. I have talked about reasons and benefits in other articles (see a couple articles linked below), but in this series of 4 articles, I […]
3 Bonuses to Preparing Now
When you prepare your business to Run Without You, you receive three really valuable bonuses. Bonuses are like gifts to your business as well as for your life. You do this work — everyone benefits. 1) You have more time to do other things I remember being at a networking event. I was chatting in […]
From Coding HTML to Building Computers: When to Let It Go
As many of you know, I started my career in the sciences. I was a lab tech in medical research and environmental analysis. I set up and managed a laboratory. I bought the equipment for the lab, set up the processes, trained the employees, and oversaw the analysis quality. I evaluated software, wrote help systems […]
Don’t Live with Ugly Wallpaper: Update Your Business Now for Value Now
My friend had been offered a new job in a different city. This meant that he & his wife had to move from the home they had raised their kids in for most of their lives. It was a difficult decision, taking their kids out of high school to start them in a new school […]
Your “After” Affects Your “Now”
What does knowing what you will be doing after your business sells, have to do with preparing to sell your business? A lot, if you would like to be able to sell for more value. In preparing a business, and the business owner, to sell their business, I have always started by asking, “what do […]
Why Celebrate Labour Day?
The origin of our Labour Day holiday comes from a darker time in our Canadian history. It started with a powerful movement in the late 1800s, lead by the union of the average worker, who was working a standard 12 hour days. The “9-hour movement” was born and resulted in a strike that was technically […]
Successful Transitions Focus on Growth
“Every significant accomplishment begins with one person stepping up and committing to making a difference” ~ John C. Maxwell. This is how I started an article I wrote in 2014. I commented that “there is a fear around spending more money, committing more time, giving up freedoms, or increasing time away from family and friends […]
3 Ways to Look at Being Ready to EXIT
Often, when a business owner hears what I do for businesses, they think, ‘I’m not ready to exit’. It is true that they are not looking at the date they plan on leaving their business, but there is a big problem with not being ready. The challenge with this is that being ready is not […]