98 episodes

A podcast dedicated to helping business owners: Maximize Business Value - Optimize Personal Finances - Reach Financial Independence

If you are a small business owner looking to exit your business within the next 5 years, this podcast is designed to help you understand the logistical details and necessary preparation steps to plan well for your transition.

Hey there! I'm CERTIFIED FINANCIAL PLANNER™ Tom Poltersdorf Jr. and each week I'll be answering your top questions and help you successfully exit your business on your terms. Tune in weekly for new episodes to gain the knowledge and actionable steps to help you map out your successful business exit strategy.

Business Exit Success Tom Poltersdorf Jr.

    • Business
    • 5.0 • 8 Ratings

A podcast dedicated to helping business owners: Maximize Business Value - Optimize Personal Finances - Reach Financial Independence

If you are a small business owner looking to exit your business within the next 5 years, this podcast is designed to help you understand the logistical details and necessary preparation steps to plan well for your transition.

Hey there! I'm CERTIFIED FINANCIAL PLANNER™ Tom Poltersdorf Jr. and each week I'll be answering your top questions and help you successfully exit your business on your terms. Tune in weekly for new episodes to gain the knowledge and actionable steps to help you map out your successful business exit strategy.

    Ep #098: 6 Money Lessons I Wish I Knew Earlier For Lasting Wealth

    Ep #098: 6 Money Lessons I Wish I Knew Earlier For Lasting Wealth

    In this episode, I share six essential money lessons that can transform your financial future. I discuss common financial mistakes and offer practical advice to help you avoid them.
    Whether you're just starting out or you're a seasoned business owner, these lessons will guide you towards making smarter financial decisions and building lasting wealth. Tune in to learn about the power of compounding interest, managing debt effectively, staying the course during market fluctuations, investing in yourself, increasing your income, and finding true wealth beyond money.
    Resources:
    The Magic of Compound Interest Infographic MONEY Master the Game: 7 Simple Steps to Financial Freedom by Tony Robbins -----
    We help business owners:
    → Assess their level of readiness to exit from a financial, tax, and legal perspective
    → Craft a wealth plan to exit comfortably and with confidence
    → Plan for the next chapter of their life
    👉 Get Your Free Readiness Assessment!
     -----
    WANT MORE BUSINESS PLANNING TIPS?
    Subscribe to the Newsletter!
    As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."
    Click here to subscribe and grab your free guide.
     
     

    • 13 min
    Ep #097: Avoid These 9 Bad Money Habits to Build Wealth

    Ep #097: Avoid These 9 Bad Money Habits to Build Wealth

    In this episode, I dive into the importance of understanding and breaking free from bad money habits that can hold you back from financial success. Drawing on over 15 years of experience as a Certified Financial Planner, I share nine common money mistakes and practical tips on how to overcome them.
    From the pitfalls of paying yourself last to the dangers of getting comfortable with bad debt, we discuss valuable insights to help you take control of your finances. Whether you’re a business owner planning your exit or simply looking to improve your financial habits, this episode is packed with actionable advice to set you on the right path.
    -----
    We help business owners:
    → Assess their level of readiness to exit from a financial, tax, and legal perspective
    → Craft a wealth plan to exit comfortably and with confidence
    → Plan for the next chapter of their life
    👉 Get Your Free Readiness Assessment!
     -----
    WANT MORE BUSINESS PLANNING TIPS?
    Subscribe to the Newsletter!
    As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."
    Click here to subscribe and grab your free guide.
     
     

    • 8 min
    Ep #096: Balancing ROI and ROL: Ensuring a Fulfilling Life After Business Exit

    Ep #096: Balancing ROI and ROL: Ensuring a Fulfilling Life After Business Exit

    In this episode, I dive into investing in life beyond financial gains emphasizing the importance of Return on Life (ROL) versus Return on Investment (ROI), sharing personal experiences and practical strategies for business owners planning to exit within the next five years. Discover how to balance financial success with a fulfilling life, ensuring a smooth and satisfying transition out of your business.
    -----
    We help business owners:
    → Assess their level of readiness to exit from a financial, tax, and legal perspective
    → Craft a wealth plan to exit comfortably and with confidence
    → Plan for the next chapter of their life
    👉 Get Your Free Readiness Assessment!
     -----
    WANT MORE BUSINESS PLANNING TIPS?
    Subscribe to the Newsletter!
    As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."
    Click here to subscribe and grab your free guide.
     
     

    • 5 min
    Ep #095: Navigating CEO Transitions: Strategies for New CEOs and Exiting Founders with Matt Sharrers

    Ep #095: Navigating CEO Transitions: Strategies for New CEOs and Exiting Founders with Matt Sharrers

    In this episode, we delve into the world of leadership transitions with Matt Sharrers, an expert in CEO succession and advisor to private equity firms. Learn about the critical strategies for new CEOs, the importance of a shared exit plan among business partners, and how to navigate the emotional and practical challenges of stepping down. Whether you’re a founder preparing to step aside or a leader ready to take the reins, this episode offers invaluable insights and actionable advice.
    Resources:
    Matt Sharrer's Website: https://mattsharrers.com/home-2/
    Matt's Book: The Second CEO: Accelerating Scale When Following the Founder
    Leadership Advisor Consulting: https://ghsmart.com/
    Founders Community: Entrepreneurs' Organization
    Founders Community: Tiger 21
    Book: Halftime: Moving from Success to Significance
    -----
    We help business owners:
    → Assess their level of readiness to exit from a financial, tax, and legal perspective
    → Craft a wealth plan to exit comfortably and with confidence
    → Plan for the next chapter of their life
    👉 Get Your Free Readiness Assessment!
     -----
    WANT MORE BUSINESS PLANNING TIPS?
    Subscribe to the Newsletter!
    As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."
    Click here to subscribe and grab your free guide.
     
     

    • 38 min
    Ep #094: Exit Planning For Business Partners: Why Business Partners Need to Plan for Exit and How to Get Started

    Ep #094: Exit Planning For Business Partners: Why Business Partners Need to Plan for Exit and How to Get Started

    In this episode, we tackle the crucial topic of exit planning for business partners. With more than half of privately held companies having multiple owners, the process of transitioning out of a business can be complex and challenging. Join us as we dive into why it's essential for business partners to have a shared exit plan and how to navigate the journey successfully.
    Key Discussion Points:
    Understanding Exit Goals: Why it's common for business partners to have differing exit goals and how to align them. Exit Options: Explore the seven different ways to transition and exit a business, including internal sales, ESOPs, and third-party sales. Communication Strategies: The importance of clear communication between partners to achieve alignment on business strategy and goals. Legal Considerations: The role of restrictive share agreements or shareholder agreements in smoothing the exit process. Expert Insights: How bringing in outside advisors can provide unbiased perspectives and help identify key areas for business improvement. Preparation and Planning: The significance of educating yourself about the exit planning process and utilizing available resources to ensure a successful transition. Tune in to learn how to effectively plan your business exit, even when multiple owners are involved. Don’t miss out on this essential guide to securing your financial future and achieving your exit goals.
    -----------------
    Resources:
    Business Exit Success Podcast: Podlink
    Exit Planning Institute
    Subscribe to the Business Exit Success Newsletter!
    As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."
    Click here to subscribe and grab your free guide.
     
     

    • 6 min
    Ep #093: 7 Essential Questions to Answer Before Exiting Your Business

    Ep #093: 7 Essential Questions to Answer Before Exiting Your Business

    In this episode, we dive into the crucial considerations every business owner must address before exiting their business. Join us as we explore 7 essential questions that will help you strategically plan your transition and achieve a successful exit. Whether you're looking to retire within the next five years or just starting to think about your future plans, this episode is for you.
    By addressing these seven questions, you'll be better prepared to make informed decisions and set yourself up for long-term success. Tune in to learn how to align your personal, financial, and business goals for a seamless and rewarding exit. 
    -----
    We help business owners:
    → Assess their level of readiness to exit from a financial, tax, and legal perspective
    → Craft a wealth plan to exit comfortably and with confidence
    → Plan for the next chapter of their life
    👉 Get Your Free Readiness Assessment!
     -----
    WANT MORE BUSINESS PLANNING TIPS?
    Subscribe to the Newsletter!
    As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."
    Click here to subscribe and grab your free guide.
     
     

    • 6 min

Customer Reviews

5.0 out of 5
8 Ratings

8 Ratings

Matt Sharrers ,

Pragmatic and thoughtful

Tom always nails the topics that entrepreneurs are thinking about in a way that creates clarity on “what to do next”. He is deep in subject matter and brings real world advice for exiting your business that many need well before the big event happens.

Srsledge ,

Helps listeners navigate the highs and lows of an exit

I appreciate Tom’s heart for helping listeners navigate exit planning beyond the numbers. His podcast brings solutions and simplifies the process. Bravo!

MariellaBubu ,

Very Insightful Podcast

Tom is very dedicated to sharing his knowledge and experience beyond working only with clients. He is also extremely collaborative and professional when it comes to hosting his podcast guests and very inquisitive, which brings out the best value for his listeners. Any episode of the bunch you cluck on will have important info to consider!

Top Podcasts In Business

The Ramsey Show
Ramsey Network
Planet Money
NPR
The Prof G Pod with Scott Galloway
Vox Media Podcast Network
PBD Podcast
PBD Podcast
The Diary Of A CEO with Steven Bartlett
DOAC
REAL AF with Andy Frisella
Andy Frisella #100to0