Discover proven systems to reach new levels of sales, profit and time freedom
THE BUSINESS TRANSITION HANDBOOK
Consider this: 100 percent of owners will leave their business one day. But few are prepared. Are you?
When you’re ready to sell, the company may not be sell-ready–leaving you out of time and unrewarded. Most entrepreneurs are too busy to begin thinking about the end. But you may be leaving money—and your happiness—on the table. It’s crucial to start planning for your transition, whether it comes next year or in a decade.
The Business Transition Handbook demystifies the often overwhelming exit process, guiding business owners who are considering leaving their ventures or simply beginning to think about their next steps.
Former CEO of a $100 million revenue company that sold to a Fortune 50, author Laurie Barkman, The Business Transition Sherpa™, provides actionable guidance for business owners to plan successful transitions of their companies and let go on their terms.
It can be tempting to try to time the sale of your business to coincide with a peak in the economy. Design your endgame and discover the best time to sell.
The Yes Box
What do Airbnb, Mailchimp, Microsoft, and Uber have in common? They all started in an economic downturn. Discover how to reinvigorate and expand your business at a time when others prioritize survival and preservation.
The Owner’s Metric
While you can’t buy happiness, you can buy personal freedom. It comes from building enough wealth that work becomes a choice.
What’s the fastest way to attain the feeling of true freedom? Focus on the one number you need to be truly free — the ultimate Owner’s Metric.
The 4 Degrees of Delegation
How would you rate your ability to delegate?
If you’re like most business owners, you probably give yourself a decent grade. However, if you’re constantly finding yourself disappointed in people on your team, the problem may be less about them and more about your ability to delegate effectively.
The Definitive Guide to Standard Operating Procedures
Does your business lack organization around basic tasks? Do your employees seem reliant on you? Are you questioning how you can improve your growing business and its value?
If you answered yes to any of these questions, implementing SOPs may be what you need to solve your problems.
The Overlooked Owner
How do you determine the value of your business?
You might think this involves an in-depth look at your books, sizing up the market, and many other types of quantitative analysis.
But a study of 1,511 companies uncovered an often-omitted factor when assessing company value–the business owner.
The Rainmakers Dilemma
Did you know almost half of all business owners will hit the same stumbling block?
They become the primary revenue driver for their company — The Rainmaker.
Avoid the downhill trap of becoming the Rainmaker and make the transition to Architect of your business.
The Freedom Point
If you’re like most business owners, your desire for freedom is hardwired into your psyche.
Selling your business may seem far off into the future, but if exiting your business now would give you the financial resources to do whatever you want, it may be worth considering sooner than feels natural.
This eBook offers a simple methodology you can apply to reach financial independence… what we call The Freedom Point.
The Exit Checklist
For a successful exit, you need to be able to say a hearty “Yes!” to two important questions:
1. Is your business ready for you to exit?
2. Are you ready to exit?
It’s an easy question to ask, but it can be difficult to answer. This is why we’ve created a five-step action plan to ensure you have a happy, lucrative exit from your business.
How to Productize Your Service
Have you ever wondered how to make a business less reliant on its owner? The answer is to “productize” the service.
This is the process of breaking down the service into a series of steps and packing it like a tangible offering. We’ve developed an eBook outlining an 8-step approach to help you productize your service.
Famous or Rich: 9 Ways Value Builders Prioritize Wealth Over Recognition
• The surprisingly simple strategy behind one founder’s $87 million exit
• The strategic move that took one company from being worth three times EBITDA to more than 13 times in just two years
• The 10/40 rule and how it can jack up your take from the sale of your business
8 Ways To Re-Invent Yourself in a Crisis
You’ll discover how to:
• leverage digital channels while working from home
• exploit an increased use of social media to drive sales
• pick the best part of your business to invest in now
• motivate yourself to act with clarity and confidence
Building a successful business is more than just a path to financial independence; it’s a deeply personal journey filled with emotional highs and lows.
These aspects of entrepreneurship are as crucial as managing the business itself. Discover practical advice on how to manage your emotional journey of entrepreneurship.