We start with a dream. We execute on it well,
yet few of us will plan our exit. We forfeit those dollars.
Our competition is still big business: This
episode of the show is about exiting the business that you began. We all wrote
our own first chapters and we pushed right through those pages. But most of us
avoid facing the last chapter because we believe it brings us to the end of
life itself.
That is a great fallacy. There are hundreds
of options for all of us. You can even write another book! And surely we can
grow older with grace, wisdom, and a special sparkle!
Business Valuation: We ask, "What's my
business worth? How do I get my money out? Can I sell it? Can I retire? What am
I going to do with the rest of my life?" So, let's look at exit strategies --
ways people get their equity out but leave the essential value in. Our
competition - as usual - big business. There are four big categories and eight
possible scenarios. If we've missed any, please let us know!
The people you meet in each episode of the show
create value. They've worked through
Step 5 and
Step 6 (see:
Paths & Steps) by focusing on their
core values. They mastered
Step 7 and some have completed
Step 8. Each picture links to an
earlier episode of the show with a case study guide and video.
