Tag Archives: entrepreneur

The Inexperienced Advisor – An Exit Planning Horror Story for Business Owners

This is a cautionary tale for business owners—one that’s “based on a true story.” The facts are real, although the exact sequence of events might raise questions if the IRS were to take a closer look. A small business owner … Continue reading

Posted in Entrepreneurship, Exit Planning, Exit Strategies, Leadership, Management, Uncategorized | Tagged , , , , , , , | Leave a comment

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What Business Owners Should Know from the 5th Annual Exit Planners Survey

Between February 1 and March 2, 2025, ExitMap conducted its 5th annual survey of professionals who help business owners plan successful exits. This is the only survey that gathers insight across multiple advisory specialties—offering a wide-angle view of the professionals … Continue reading

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The Exit Planning Fallacy – A Business Owner’s Perspective

One of the most common sales pitches you might hear from someone claiming to help you “enhance value” goes something like this: “I’ve reviewed your company and believe it’s worth $4.2 million today. With the right planning, it could be … Continue reading

Posted in Building Value, Entrepreneurship, Exit Options, Exit Planning, Exit Strategies, Management | Tagged , , , , , , , , , | Leave a comment

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Hunting vs. Farming

At the family gathering, you are being introduced to a distant cousin you haven’t seen since childhood. The introduction usually includes your status as a business owner. “Do you remember little Cousin Bobby? He owns his own company now.” Or … Continue reading

Posted in Entrepreneurship, Life After, Thoughts and Opinions, Uncategorized | Tagged , , | 1 Comment

One Response to Hunting vs. Farming

  1. Donna says:

    Great advice; I’m tempted to pass it along to the entrepreneur I’m employed by. He is seriously conflicted, loves the “hunt”, as he should, but micro-manages “farms” his staff to the point of self destruction.

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