Category : retirement planning

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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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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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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The Real Trick is Facing your Fears

Posted on October 30, 2012 by Michael Podolny No Comments ↓

Barbara Taylor of Synergy Business Services shared this great blog post: 4 Common Fears About Selling Your Business. In it, she shares many of the fears I hear from business owners on a regular basis. If you are not too

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Profitability by Any Other Name Still Smells Sweet

Posted on October 25, 2012 by Michael Podolny No Comments ↓

It seems almost surreal that I shot this video almost two years ago. If you can put the production values aside, the message is still immensely powerful and relevant to today’s business owners, not to mention prescient. The economy may

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Waiting Makes The Heart Grow Fainter

Posted on October 9, 2012 by Michael Podolny No Comments ↓

Here on the blog, I tend to focus on the practical, financial ramifications that occur when you wait too long to make an exit plan from your business. But there is also a very real psychological effect. The stress of

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How Your Personal Goals Impact Your Exit Plan – Part 2

Posted on January 31, 2012 by Michael Podolny No Comments ↓

In my last post, I shared the story of a personal services business owner that was having trouble selling his business. Over a period of 10 years the owner had engaged in several succession attempts and two sale attempts to

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How Your Personal Goals Impact Your Exit Plan

Posted on January 19, 2012 by Michael Podolny No Comments ↓

Knowing Your True Personal Goals Sets The Stage For Business Success Without A Goal You Can Not Measure Success When I encounter someone in the situation described above, they are not able to articulate what their personal, individual goals were

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What’s Going To Happen If Washington Does Nothing?

Posted on July 28, 2011 by Michael Podolny No Comments ↓

Isn’t that what is on everyone’s mind? Everyone is scared silly. It’s unknown. It isn’t going to be good. I will tell you what is going to happen.The sun will come up and will set. A substantial portion of the

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Your Personal ROI Goals effect the Goals of Your Business

Posted on February 10, 2011 by Michael Podolny No Comments ↓

This is the third part of a three part series on the importance of wealth building as it relates to planning for exiting your business. You can read the first part, It Is About The Money, here and the second

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