Category : Retirement

Time: The Irreplaceable Asset (Part 2)

Posted on October 9, 2013 by mpodolny No Comments ↓

Time is the irreplaceable asset. Money can be gained, lost and regained. But time, once it has past, is gone forever. I wrote about this earlier this year in the context of how owners go about determining what will give them a

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Posted in Exit/Succession, Retirement, Selling Your Business

Delay is Denial in Disguise

Posted on October 4, 2013 by mpodolny No Comments ↓

Last year I did a series about the 4 Horseman of the Business Owner’s Apocalypse – the 4 Factors that hold most business owners back from getting the most return for their businesses when they are selling a business or

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Posted in Blog, Exit/Succession, Retirement, Selling Your Business

Taking the “Business” Out of Selling Your Business

Posted on August 28, 2013 by mpodolny No Comments ↓

Moving on from a closely held business is not easy. To move forward with selling your business or business succession planning, stop thinking in terms of the business and start thinking in terms of YOU.

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Posted in Exit/Succession, Retirement, Selling Your Business

Frustrated Over Selling Your Business or Your Business Succession? Look Inside.

Posted on August 22, 2013 by mpodolny No Comments ↓

As much as I’d like to say I’m the be all and end all of business exit/succession planning, of course I’m not.  There are so many great people who understand in the deepest way possible the issues that all of

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Posted in Exit/Succession, Retirement, Selling Your Business

Selling Your Business is a Personal Not an Institutional Process

Posted on August 7, 2013 by mpodolny 1 Comment ↓

Last month I talked about why business owners are so reluctant to discuss and deal with business exit and succession.  I started out that post by saying “How many people in any walk of life have you met who relish

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Posted in Blog, Exit/Succession, Retirement

Transition Means Change – Selling a Business or Business Succession

Posted on May 29, 2013 by mpodolny No Comments ↓

To ask the question “How do I sell my business?” or “How do I plan a business succession” by their very nature imply that business may no longer run “as usual.” Here’s what that means for you:

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Posted in Exit/Succession, Retirement, Selling Your Business

Pursuing exit/succession/transition by definition implies Change

Posted on May 14, 2013 by mpodolny No Comments ↓

Change is a scary topic.  It is very well documented that many folks would rather stay in bad and abusive situations rather than change. If our pursuit of a wonderful transition in our business is going to force us to

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Posted in Exit/Succession, Retirement

Time: The Irreplaceable Asset

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Of the hundreds of business people I have talked to, it is remarkable how many have frustrations concerning time.  They are frustrated because there is not enough time to accomplish everything their businesses need, nor is there enough time to

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Posted in Blog, Newsletter, Retirement

Using Finite Time Parameters To Optimize The Attainment Of Personal Goals

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Operating a private business can totally dominate the thinking of its owners.  Yet,  the owner has only him or herself to rely on if they want to achieve all their goals, tangible and intangible, from their business. But owners 1)

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Posted in Blog, Newsletter, Retirement

If Selling The Business Is Not Going To Be Sufficient, What Are The Alternatives?

Posted on February 5, 2013 by Michael Podolny No Comments ↓

Alternatives for Creating Owner Wealth There are four alternatives that we recommend and implement with our clients other than or in addition to the sale of the business for developing owner wealth.  These alternatives are not mutually exclusive. Often we

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Posted in Blog, Newsletter, Retirement