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Charting The Course: Navigating Success at the End of the Entrepreneurial Journey
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Business transition expert, former CEO, and adjunct professor. Laurie Barkman, known as the 'Business transition Sherpa,' is my guest today.
Laurie talks about the importance of considering the end game and success strategies when starting a business. She highlights the significance of both organic and acquisitive growth, the role of financial performance, and the value of preparing for business exits early.
Laurie also discusses her book, 'The Business Transition Handbook,' aimed at guiding business owners through creating valuable exit options and avoiding common succession pitfalls.
Our conversation covers evaluating business worth, understanding key value drivers, and the necessity of transferability for a successful transition. Additionally, Laurie introduces her advisory services for growth-minded business owners and her upcoming course designed to provide entrepreneurs with the tools for effective business planning and transition.
Episode Minutes:
Minute 5: The Business Transition Handbook: A Guide for Entrepreneurs
Minute 11: Key Value Drivers and Financial Performance Insights
Minute 18: The Importance of People and Culture in Business Transitions
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