We’re now at the end of our series on how you can create a sustainable business. Our first four steps are: Start with having clear value and value statements which lead to a mission statement that is ten words or less and can be answered with a yes or no. Make yourself operationally irrelevant in the day-to-day operations of your business. Create a business that has a recurring revenue source or a predictable sales model that makes … [Read more...]
90 – Navigating The Family Business – Amy Bruske
Today's podcast features Amy Bruske from The Kolbe Corporation. I first met Amy over ten years ago when she was presenting at a workshop on how to use the Kolbe Index. This is at a tool that I've been using for years to help me focus on what skills I can ask employees to use in my companies. Today we're going to be talking about her new book Business is Business: Reality Checks for Family-Owned Companies. A family business can … [Read more...]
3 Things You Need To Do Before Selling Your Business
For lots of business owners like you the Holy Grail of having a successful business is being able to sell it to a 3rd party when it becomes time for you to retire. Before you even think about getting ready to sell your business you’re going to have get your business in a position where a buyer is going to want it. You might think a buyer is going to want your business, warts and all. You might even be able to find someone to buy it. I would be … [Read more...]
