Ep #080: Scaling and Exiting a Family-Owned Business for 8-Figures with Ivan and Mariana Polic
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In this inspiring episode, we dive deep into the remarkable journey of Ivan and Mariana who navigated the complex path from burnout to achieving an 8-figure business exit. With firsthand insights into the challenges of working within a family business, building a robust succession plan with their father, and the strategic maneuvers that led to tripling their revenue, this episode is packed with wisdom for any business owner aiming for a successful sale.
Our guests share invaluable lessons learned from their mistakes and offer expert advice on exit planning, ensuring your business is not just saleable but also poised for a profitable and fulfilling transition. Join us as we explore essential strategies for business growth, succession planning, and achieving a purposeful life post-exit. Whether you're knee-deep in the trenches of entrepreneurship or dreaming of your future exit, this episode will equip you with the knowledge to navigate your journey with confidence and success.
Ivan and Mariana Polic are bestselling authors, internationally recognized speakers and advisors of Leaders and Businesses. In the last twelve years, Ivan and Mariana have served as advisors to small and medium sized businesses, on 300+ board of director meetings, in various industries and economic sectors.
They find leverage points in high impact times to ensure business continuity and sustainability, in and out of crisis. As long time Executives in the Aerospace Industry, they navigated through the minefield of business succession, tripled their company's revenue and created an amazing eight figure exit. Through proven strategies and systemic principles, Ivan and Mariana advise leaders and organizations into alignment, impact and freedom beyond traditional success.
Enjoy!
Resources:
Ivan and Mariana's Website - https://www.jumpstartyourexit.com/
Family Business Mastery: Bridging Legacy and Innovation to Build a Family Business that Lasts for Generations by Ivan and Mariana Polic
Buy Back Your Time by Dan Martell
Timestamps:
[00:26] Meet Ivan and Mariana.
[10:01] Identifying your Family Business Success DNA.
[19:56] Signs you are becoming the constraint in your business.
[26:00] How to invest in your team and develop leaders.
[36:43] How to prioritize what tasks to delegate first.
[43:13] What triggered Ivan & Mariana to begin exit planning.
[49:38] How to create healthy separation from your business.
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We help business owners:
→ Understand the complexity of navigating a business transition
→ Assess their level of preparedness from a financial, tax, and legal perspective
→ Plan for the next chapter of their life
👉 Get Your Free Readiness Assessment!
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102 episodes