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How To Leave Your Business In As Little One Year… Even If You Don’t Know If You’re Able To Retire!

November 15, 2017 by JoshPatrick Leave a Comment

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...]

Filed Under: Business Exit Planning, Sustainable Business Tagged With: affording retirement, business succession, retirement, sustainable business

90 – Navigating The Family Business – Amy Bruske

March 20, 2017 by JoshPatrick

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...]

Filed Under: Sustainable Business Podcast Tagged With: business succession, creating value, family business

3 Things You Need To Do Before Selling Your Business

February 16, 2017 by JoshPatrick Leave a Comment

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...]

Filed Under: Business Exit Planning Tagged With: business succession, passive ownership

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About Josh

Why would you want to listen to me?

My specialty is working with owners of private businesses. It’s where I have the most interest and can add the most value. If you own a business and are interested in a coaching relationship as well as mentoring, I’m your guy. Read More
The Sustainable Business Podcast and Josh Patrick invite you to subscribe, rate, and review our podcast on iTunes if you love what you're hearing! Thank you!

ABOUT JOSH PATRICK

My main focus in life is helping private business owners create a sustainable business that will last past them. I help create great outcomes using life experiences I’ve had during my almost forty years of running and being around my favorite people, private business owners. I’m a student, an entrepreneur and a curious observer of life. Read More
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