Are you thinking about your business exit strategy? Let's dive into the false exit concept with John Lamerton. It challenges the traditional way of selling a business and offers an alternative for entrepreneurs. One thing to remember is how a false exit can bring back purpose and prevent burnout.
Typical exit strategies often mean selling the entire business. But what if you could take a break, recharge, and return with renewed enthusiasm? A false exit allows you to step away, recover, and come back feeling re-energised. It's about creating a framework that empowers the right people to successfully run the business in your absence, maintaining the company's momentum without fully letting go.
By implementing a false exit, you can preserve your creative drive, ensure the business continues to thrive, and explore new opportunities without completely giving up ownership. It's a fresh approach that challenges the traditional views of exit planning, emphasising the need for a sustainable transition strategy.
What are your thoughts on the false exit approach? Have you explored alternative exit strategies for your business?
Watch the episode here: https://succession.plus/uk/podcasts-uk/john-lamertons-exit-planning-secrets-how-a-false-exit-sets-you-up-for-success/
If you would like to learn more about how to start preparing your business, then you can get more information here: It All Begins with Insights.
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Information
- Show
- FrequencyUpdated weekly
- Published18 April 2024 at 22:00 UTC
- Length50 min
- RatingClean