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Stepping into the role of business owner is one of the most challenging endeavors you'll undertake. Buying that business from someone you already know amplifies the risk of mistakes. On The Art of Succession Podcast, you'll hear from entrepreneurs who've successfully transitioned from employee to owner by acquiring businesses from parents, former bosses, or co-founders. Together, we'll explore how they navigated the complex blend of emotions and strategic decisions required to honor the past ...
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Unbeatable Opportunity: How A Text Led These Chiropractors To Business Ownership!
1:03:11
1:03:11
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How do we balance the plans we have for our future and the opportunities that surprise us? How do we shepherd existing clients towards new and better services while also reassuring them we have their best interests in mind? And when we’re in partnership, how do we both shoulder the burden and support each other, while also move towards working in o…
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Working With His Grandfather Was This CPA's Unfair Advantage
1:02:21
1:02:21
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What unique challenges might we face when we buy into a company founded by a grandparent? What can we learn from our predecessor, while also balancing our desire to make start our own? As we start to consider and author our core values, how do we show both continuity and clarity to our existing clients? In this episode of The Art of Succession podc…
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They Overhauled A 20 Year-Old Online Course That Had Zero Recurring Revenue
45:11
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How do you assign a purchase price to an established intellectual property? Where do you focus your attention on improvement without downplaying the value of the property you’ve just acquired? How do you market in a way to attract a customer back who may have purchased from your predecessor years before? In this episode of "The Art of Succession" p…
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A Cancer Diagnosis Gave This CPA Firm Clarity On Client Selection
37:45
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How do you keep a family business going in the middle of a health crisis, when the personal takes center stage? How does a new owner make the decision to specialize in a business while also honoring the parent that established those relationships? And how do you learn to trust your own instinct and learn on your own even if it might fail rather tha…
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He Bought Dad's CPA Firm And Built A Powerful Community
54:30
54:30
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What does it take to stay the course as an entrepreneur for the long haul? How do we use both our failures and our successes to grow us as business owners? And how do we keep coming back to the work ahead when the bright and shiny wears off? In this debut episode of The Art of Succession podcast, host Barrett Young interviews Jason Blumer, CEO of B…
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Stepping into the role of business owner is one of the most challenging endeavors you'll undertake. Buying that business from someone you already know amplifies the risk of mistakes. On The Art of Succession Podcast, you'll hear from entrepreneurs who've successfully transitioned from employee to owner by acquiring businesses from parents, former b…
…
continue reading
