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Design for Exit—Even If You Never Plan to Leave
Manage episode 513399387 series 3638696
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Most business owners dream of selling their company, but the reality is that many small businesses cannot be sold because they're too dependent on the owner. Creating a self-managing business that can operate without you is essential whether you plan to exit or not.
In this episode Cris & Philip tackle the crucial concept of "Design for Exit," revealing why every entrepreneur should structure their business as if they might sell it tomorrow, even if they plan to run it forever.
Some topics covered are:
- Business That Can’t Run Without You = Job
- Shift from Superstar to Coach
- Legal Docs & Contracts Make Business Sellable
- Consultants Help Prepare for Exit
- Systematic Marketing & Sales Build Self-Managing Business
- Build to Sell for Peace of Mind
- Time & Resource Freedom Enables Multiple Pursuits
- Self-Managing Business Reduces Stress & Builds Legacy
- And more...
Chapters
1. The Unsellable Business Reality (00:00:00)
2. Self-Managing Business Framework (00:04:07)
3. Family Business Transitions (00:10:31)
4. Identity Shift: Player to Coach (00:14:57)
5. Setting Up For Exit Success (00:18:17)
6. Building Freedom Beyond Business (00:24:28)
7. Creating a Beautiful Life & Legacy (00:29:25)
24 episodes
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