Category : business planning

Do You Really Want to Change?

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

Resistance to Change – A Universal Personal Quality Change is not something very many people embrace. In fact, it seems that many will flee change as if it were the plague! To prepare a company to be in the best

Share
Tagged with: , ,
Posted in Blog, Exit/Succession, Newsletter

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

Share
Tagged with: ,
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)

Share
Tagged with: ,
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

Share
Tagged with: ,
Posted in Blog, Newsletter, Retirement

Building and Executing a Successful Succession Plan

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

Building and Executing a Successful Succession Plan Building and executing a successful succession plan is one of the most difficult tasks to accomplish.  Many owners experience extreme frustration when trying to execute succession plans and even abandon them after many

Share
Tagged with: , ,
Posted in Blog, Exit/Succession, Newsletter

Is the Desire to Leave Your Business to Your Family Dividing Or Unifying the Family?

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

Private business owners frequently have a strong desire to see their business legacy carried on by their families. Often this desire to pass the business to another generation brings out conflicts, stress and dissension among family members. How Deep Are

Share
Tagged with: , ,
Posted in Blog, Exit/Succession

Getting the Reward You Want and Deserve

Posted on December 18, 2012 by Michael Podolny No Comments ↓

Avoiding the Four Horsemen of The Business Owner’s Apocalypse – Getting the Reward You Want and Deserve – The Trinity of the Business Owner’s Salvation We’ve been discussing over the last five weeks four behaviors that consistently, time and again

Share
Tagged with: , ,
Posted in Blog, Exit/Succession

Detail (Lack of Respect For) – Fourth Horseman of the Business Owners’ Apocalypse

Posted on December 10, 2012 by Michael Podolny No Comments ↓

I get a lot of puzzled looks when I bring up this one.  Clearly I was stretching for a fourth Horseman wasn’t I?  But this last Horseman is yet more subtle and insidious than Disruption.  Because his is the Horseman

Share
Tagged with: , ,
Posted in Blog, Exit/Succession

Top Ten Family Business Succession Pitfalls

Posted on December 10, 2012 by Michael Podolny No Comments ↓

The topics that are affecting business owners of the baby boomer generation are not new.  And no one expert has all the answers, least of all myself.  I am constantly perusing the work of others to find things that broaden

Share
Tagged with: , ,
Posted in Blog, Exit/Succession

Disruption – Third Horseman of the Business Owners’ Apocalypse

Posted on November 28, 2012 by Michael Podolny No Comments ↓

I’ve been talking about a series of behaviors that again and again and again undermine business owners’ from achieving their ultimate rewards. I’ve called them the Four Horsemen of the Business Owner’s Apocalypse. We’ve discussed the first two, Denial and

Share
Tagged with: , ,
Posted in Blog, Exit/Succession