My grandfather and dad always told me "Follow the money and you'll know the truth". But that's not always the case.
Why do business owners spend large amounts of time planning the growth of the company but so little time planning the eventual transition of the company?
Both require an investment toward making plans and both can offer exceptional positive results if done right.
So why? My observation has been that it's emotionally satisfying to build/grow something incredible but not so much to end something!
But maybe, just maybe, you can look at it emotionally differently and ask yourself, "Did I suffer, oh yes SUFFER, to build a sand castle or did I build something I can look back on and be proud of?!"
It's your choice and always will be.
As always, I look forward to your feedback and comments.
John Hamel is the Managing Member of Austec Business Transitions, LLC. helping businesses optimize value relative to exiting their company.