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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
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Tag Archives: business planning
Exit Strategies – The Road Less Traveled
The road less traveled is often a misimpression when considering a transition from business ownership. Surveys show that roughly 85% of owners expect their exit to happen via a sale of the business to a third party. A third-party sale … Continue reading →
Posted in Exit Options, Exit Planning, Exit Strategies, Life After
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Tagged Baby Boomers, Boomer Bust, business ownership, business planning, business strategy, entrepreneurship, Exit Options, exit planning, exit strategies, selling a business, small business, small business advice
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Delegation and Depth – Company Readiness for Exit
Delegation and depth are critical when presenting your business as a buying opportunity. For many business owners, exit planning means getting the company ready for sale to a third party. There are a number of approaches to enhancing preparedness for … Continue reading →
Posted in Building Value, Entrepreneurship, Exit Planning, Exit Strategies, Leadership, Management
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Tagged business ownership, business planning, business strategy, Exit Options, exit planning, exit strategies, leadership, management, selling a business, small business, small business advice
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The Role of a Coach in Exit Planning
Defining the role of a coach on your exit planning team doesn’t just happen. Like any other aspect of working with consultants, you need to set expectations upfront. Many advisors like to characterize themselves as the “quarterback” of a transition … Continue reading →
Posted in Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Leadership, Management
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Tagged Baby Boomers, Boomer Bust, business brokerage, business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, leadership, management, selling a business, small business, small business advice
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Impressions of Value in Exit Planning
Business owners, advisors, and buyers frequently have widely different impressions of value when it comes to a business. The Pepperdine Private Capital Markets Survey canvasses intermediaries who sell privately held Main Street and mid-market companies. One question is about the … Continue reading →
Posted in Building Value, Exit Options, Exit Planning, Exit Strategies, Management, Marketing and Sales
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Tagged Baby Boomers, business brokerage, business ownership, business planning, business strategy, entrepreneurs, entrepreneurship, Exit Options, exit planning, exit strategies, leadership, management, selling a business, small business, small business advice
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“Work From Anywhere” Comes Full Circle
Work from anywhere was initially a boon for many employees. Now employers are catching up. Continue reading →
Posted in Building Value, Entrepreneurship, Leadership, Management, Thoughts and Opinions
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Tagged business ownership, business planning, business strategy, employee performance, employees, entrepreneurs, entrepreneurship, leadership, management, marketing, small business, small business advice
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4 Comments
Great post John. As a retired employee that worked from home for 30 years, you have pointed out the good and the bad. I know from experience that many people can’t give 100% when at home; too many distractions. Glad I’m not hiring anymore.
Great article John. Certainly lots to consider for business owners.
Hi John,
Thanks for presenting several sides of this situation. As someone who has worked remotely since our agency was formed in 2010, we were at a slight advantage because our culture didn’t change during the pandemic and we had all of our systems in place. Yet we saw the challenges many of our clients faced with their changing workforce demands and expectations. I can sympathize with workers who got their first taste of WFH recently (I know I never want to go back to a traditional office). But I also feel for the business owners who want and need some of their folks back in the same physical space. Tough to get that genie back in the bottle.
Perfectly said. Can’t put the genie back in the bottle. Many of us were ahead of the game, including you, John.