When you make any type of plan for change, you need to know a few things: what you have now what you want to have after the plan has been implemented how long the plan needs to take to implement the resources you will need to make it happen in that timeline By resources, I […]
Barb Stuhlemmer
Now, Later, or Never : When planning matters
There are three ways of looking at preparing your business for succession. You can do it now, while you are successfully running your business. You can put it off until later, when you hope you will have more time. Or, you can plan to never do this work. In research done by Environics [1], that […]
The Driver’s License for Your Business
Being a good business owner takes many skills, like leadership, time management, creativity, people skills, finances, and others, as you have already discovered over the years. Owning and running a business has many parallels to owning and driving a car. But there are legal limitations on how long you can drive a car. What about […]
‘T’ is for Transformation, And It Doesn’t Just Happen
When we think about something we want to change in our lives, we create the idea of the end goal, we look at what we need to give up and what new things we have to take on, then we proceed to implement the change. Think about these few examples. You have probably gone through […]
EXIT Readiness – 12 Step Process – Stop & Start
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 […]