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Make Australia monocultural, axe SBS, paywall the ABC, dump Snowy Hydro 2.0 and introduce nuclear power - Pauline Hanson’s first address to the National Press Club was certainly eventful. Read more: ‘Don’t come near me’: Pauline Hanson clashes with journalist over daughter’s employment Commentary by Geoff Chambers: How ‘Svengali’ James Ashby unleashed Trump-style machine to fuel One Nation’s surge Linfox succession battle escalates as son Peter Fox ousted from top role History as Messi bags first World Cup hat-trickSee omnystudio.com/listener for privacy information.

SEC Chairman Paul Atkins and his wife reportedly own 54 life insurance policies. Yes, fifty-four! Most people see that headline and think it's extreme. Maybe even a little absurd. Why would anyone hold that many policies? Who does that? But there's a more interesting question worth asking - what does someone who owns 54 policies understand about life insurance that most people were never taught? https://youtu.be/DdGxt2346C8 Because there are two completely different ways to think about life insurance. One is the way most of us were introduced to it: a product you buy, file away, and hope you never need. The other is what someone like Atkins seems to be doing. Building a financial architecture. A system. An infrastructure designed to do real financial work across an entire family and portfolio. That gap is what this article is about. Not Paul Atkins specifically. But what his disclosure reveals about how financially sophisticated people think about control, liquidity, and the capabilities of permanent life insurance that most of us were simply never shown. Key TakeawaysFrom Checkbox to Capital SystemThe Problem With Only Having One StrategyWhy Wealthy Families Think About Control FirstThe Priority Order That Changes EverythingOpportunities Find CashWhat 54 Policies Might Actually Be SolvingEstate EqualizationBusiness Succession and Deferred CompensationLiquidity Without LiquidationTax-Advantaged Access During Your LifetimeGovernment Service and Conflict-of-Interest DisclosuresWhy the Contract Distinction Changes EverythingWhat Family Banking Looks LikeA Real ExampleThe Internal CycleThinking About Family Members as Key PeopleThe Generational DimensionNot All Life Insurance Is the Same ToolWhy Whole Life With a Mutual CompanyThe Question Isn't Why, It's What.Book a Strategy CallFrequently Asked QuestionsWhat is family banking with life insurance?Why would someone own 54 life insurance policies?How does whole life insurance provide liquidity?What is the difference between a life insurance contract and a financial account?Can life insurance really be used as a tax strategy?What type of life insurance works for family banking? Key Takeaways Wealthy families treat life insurance as a capital system, not a product purchase Whole life insurance provides a kind of liquidity and control that no other asset class replicates A life insurance policy is a contract; most other financial assets are accounts, and that distinction matters Multiple policies signal a coordinated financial architecture, not a single coverage decision Family banking uses whole life policy cash value to fund needs within the family without relying on outside lenders Not all life insurance is built for this purpose. A specially designed dividend-paying whole life with a mutual company is the right foundation From Checkbox to Capital System Most people's first exposure to life insurance comes through a W-2 job. You fill out your benefits enrollment paperwork, someone offers you a multiple of your salary, and the pitch is pretty simple: if something happens to you, this replaces what you would have earned. That's not wrong. But it's a very small part of what permanent life insurance can actually do. The consumer mindset asks one question: how little do I need? What's the minimum that takes care of my family, pays off the mortgage, and maybe funds college? That's a reasonable starting point.  But it's also a ceiling. Once you've bought enough to replace income, the logic of that framework says you're done. The business owner mindset asks something completely different. Not how little I can have, but how much I can invest in this to get the most out of it? That question leads somewhere very different, potentially, to 54 policies. The Problem With Only Having One Strategy There's a Thomas Sowell line worth sitting with here: there are no solutions in life, only compromises. Bruce Wehner brought this up at the top of our conversation, and it's the philosophical foundation for everything else we talked about. Anyone absolutely committed to one financial strategy and dismissing everything else isn't being disciplined. They're playing an incomplete game. Think of it like football. You wouldn't go into the championship using only your running back and offensive linemen. Every position exists because every position has a job. Wide receivers do something the offensive line can't. The quarterback does something neither of them can. Financial tools work the same way. A securities-only investor isn't maximizing anything. They're just leaving part of the field empty. Why Wealthy Families Think About Control First Most of us are taught to optimize for rate of return. Net worth is the scoreboard. The fastest-growing asset wins. That framework isn't useless. But it's incomplete, because it ignores the conditions that make returns actually usable. Wealthy families add a different dimension to the scorecard: control. How much autonomy do you have over your capital? Can you access it when you want to? Can you deploy it on your own terms without a bank's approval or an institution's timeline? The Priority Order That Changes Everything Here's the order I've come to think about for financially sophisticated decision-making. Control first. Then access, meaning liquidity and tax treatment. Then guarantees and long-term certainty. Then, growth on top of all of that. That's the opposite of how most people are wired to think. We go straight to growth. We ask about rate of return before we've even asked whether we can get to the money on our terms. The safety, liquidity, and growth triangle is real. You can't maximize all three in a single financial product. A five-year CD gives you safety and predictability but doesn't grow much.  A non-traded REIT might project 18 to 22% IRR, but there's zero liquidity and elevated risk. If you want to hold illiquid, higher-growth positions, you need a guaranteed liquidity cushion somewhere else. Life insurance is often that cushion. Not because it produces the highest returns, but because it's always available and never tied to market conditions. Opportunities Find Cash Nelson Nash used to say, "Opportunities find cash." If you don't have accessible capital, you don't see the opportunity even when it's right in front of you. But if you're sitting on a pool of liquid capital, you can act. That's not just a defensive position; it's an offensive one. And it's one of the things I've found our clients experience firsthand once they have a working cash flow system in place. What 54 Policies Might Actually Be Solving We don't know Paul Atkins' specific financial picture. We're not claiming to. But we can talk through the kinds of financial problems that a sophisticated investor, with a complex estate and a long-term view, might be solving with permanent life insurance. Because each policy is probably doing a job. Estate Equalization Imagine a family business. Two adult children. One wants to run the company; the other doesn't. At death, the default outcomes aren't great. Force both into a partnership and you breed resentment. Have the operating child buy out the other with a loan and you create a cash flow burden from day one. Give one the business and one nothing, and that's obviously not equitable either. A life insurance death benefit can solve this cleanly. One heir receives the business. The other receives a cash equivalent from the policy. No forced partnership. No buyout debt. No hard feelings baked into the inheritance. This is a problem that real estate, retirement accounts, and securities simply cannot solve with the same precision. Business Succession and Deferred Compensation Key man insurance protects a business against the financial impact of losing a critical person, whether that's a top salesperson or a founding partner. The liquidity event from the policy buys time to adapt without being forced to act under pressure. Deferred compensation funded through life insurance is a different use case, but just as valuable. Under ERISA rules, you can't legally contribute more to one employee's 401 (k) than another's. You can't discriminate. But with life insurance, you can. A business owner can set up a policy on a key employee, fund it for five years, and transfer ownership at the end of the term as a form of deferred compensation. It's targeted, legal, and not available through any investment account structure. Liquidity Without Liquidation Highly appreciated assets present a specific problem. Real estate, private equity stakes, business interests: these often aren't liquid. Selling them to cover an opportunity or an emergency usually means a taxable event, often at an inopportune time. Policy cash value doesn't work that way. It's accessible at any time, with no credit approval, no income verification, and no market timing required. You borrow against it for any purpose and repay on your own terms. If your equities are down and you need capital, you don't touch them. You go to the policy. Tax-Advantaged Access During Your Lifetime The death benefit's tax-free treatment is well known. Less talked about is what you can do with cash value while you're still alive. Policy loans let you access accumulated value without triggering income tax. So instead of selling an appreciated position and incurring capital gains, you borrow from the policy.  Whether it's funding an investment, a home renovation, or bringing the whole family together for a vacation, the access doesn't create a tax event. The alternative, pulling from a qualified account, hits you with ordinary income tax plus potential penalties. That's a genuinely different category of financial flexibility. Government Service and Conflict-of-Interest Disclosures When officials step into government roles,...

In this episode of The Sharpen Podcast, Dan Cooper sits down with Jon Bachura, an Acumen Growth Catalyst in Wichita, to talk about generational leadership transitions, legacy, founder identity, and the future of family enterprise.Jon shares why successful transitions are not only about financial structure or choosing the next operator. They require leaders to think clearly about calling, family dynamics, outside talent, governance, and the deeper purpose behind the business.Connect with Jon Bachura and learn more about the teams he is building in Wichita here. Learn more about Acumen: https://acumenimpact.com

Most rural communities are facing a critical crossroads: how to preserve essential local businesses when traditional ownership models are failing. What if communities could take ownership themselves—reclaiming their future one business at a time? Matt Pfahlert founder of Community Owned Australia, explains how regional communities can take a step towards buying and operating the assets they can't afford to lose.  Drawing on successful models from Australia and overseas, Matt shares practical lessons on community ownership, social enterprise, governance, funding and long-term sustainability. This conversation explores what happens when ownership transition fail, how communities can identify opportunities worth saving, and why entrepreneurial thinking remains essential even when profit isn't the only objective. If you're interested in business ownership, succession, regional development or the future of rural Australia, this episode offers a fresh perspective on keeping communities alive and thriving. Key Topics The role of community ownership in preventing the closure of essential local businesses The powerful concept of "recombinant innovation"—bringing proven strategies from overseas and adapting them to local contexts. How rural communities can leverage local networks to acquire assets The importance of entrepreneurial mindset and operational discipline in community-run businesses Examples of related models from overseas Practical steps for communities to start their ownership journey using the Community Owned Australia framework The significance of long-term planning, succession, and shared services to sustain rural businesses Policy insights for government support, including easing regulations around superannuation and incentivizing rural investment Timestamps 00:00 - Introducing the importance of community ownership in rural Australia 01:11 - The risk of losing key community assets and the concept of community buyback 01:55 - Matt's background growing up in rural communities and early entrepreneurial ventures 04:19 - Lessons from youth entrepreneurship and trading in small towns 05:30 - Moments that highlighted the need for alternative ownership models 07:45 - How overseas models inspire Australian solutions 09:44 - What  Recombinant Innovation  means for community-led ventures 11:30 - The principles and scope of  Community Owned Australia 12:09 - Diagnosing community needs and supporting local enterprise creation 14:02 - Building feasible business models with technical support and grants 15:20 - The importance of community governance, local investment, and co-ownership 17:23 - How to leverage external networks and mentorship for rural projects 20:05 - Changing community perceptions and motivation for local ownership 21:28 - The impact of local small businesses on retaining population and improving local appeal 22:39 - Identifying the types of businesses suited for community ownership 23:57 - Stages of community readiness and initial steps for engagement 26:11 - Role of entrepreneurial discipline and operational excellence in community ventures 28:00 - The significance of professional management and governance roles 29:32 - Innovative ideas like renewable energy projects to boost local economies 32:48 - Strategic planning, business succession, and understanding local business ecosystems 35:53 - Financing, valuation, and overcoming bank reluctance in rural asset ownership 38:04 - Engaging local champions—women, community leaders, and long-term residents 39:21 - The shifting mindset: from curiosity to motivation for rural community ownership 43:39 - Examples of successful buy-backs and their long-term asset value 44:40 - How communities can initiate with minimal risk through expressions of interest 47:21 - Hypothetical: What Matt would do as Australia's small business minister 48:48 - Final thoughts and how to get involved with Community Owned Australia   You can register your interest here  Community Owned Australia Other resources & Links Development Trust Association of Scotland Plunkett UK Kerr Capital   Thanks for listening. Visit the Owner To Owner Podcast website to subscribe, listen back, or check out any resources or information mentioned on the show.Search @ownertoownerpodcast on your favourite podcast player to subscribe and listen to the episodes.Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.michael.kerr@kerrcapital.com.auwww.ownertoownerpodcast.com.au

Business Succession Planning Starts on Day One — Not the Day You Want to Leave Business succession planning is not an exit conversation — it is a starting conversation. In Season 2, Episode 7, host Mark sits down with Dave Bulloch, a fractional executive with decades of experience leading organizations across multiple industries. Dave’s message is clear: the entrepreneurs who build the most valuable, resilient businesses are the ones who begin with the end in mind from the very first day. The 3 Mistakes That Slow Business Growth Dave walks through the critical missteps that quietly break growing businesses. First, entrepreneurs fail to define where they are taking their business — whether to a sale, a family handoff, or a professionally managed operation — and that lack of clarity costs them options later. Second, they hire people like themselves rather than building complementary teams, perpetuating the very weaknesses that limit growth. Third — and the one that stings most — they hand out titles too freely, trapping loyal employees in roles they are not qualified to hold and blocking the business from bringing in the leadership it actually needs. The Right Fit for the Right Time Dave’s core philosophy: you do not need someone to take you from A to Z. You need the right person to take you from A to B. Business succession planning is not one decision — it is a series of intentional choices about people, roles, and timing, made with discipline and honesty at every stage of the business life cycle. Show Notes: What You’ll Learn Why business succession planning must start on day one The three exit options every entrepreneur should know about How to build a team that complements your weaknesses, not mirrors your strengths The red flag vs. yellow flag framework for vetting partners and hires Why titles are not free — and how inflation traps employees and businesses How to motivate people without promoting them beyond their capabilities Why you don’t need someone to take you from A to Z — just A to B The importance of having honest, upfront conversations with your team Key Moments 00:05:11 — Dave introduces himself and his fractional leadership work 00:09:55 — Begin with the end in mind: succession planning from day one 00:13:19 — How to hire for the gaps you have, not the strengths you know 00:19:29 — Red flags vs. yellow flags: data-driven vs. gut-driven decisions 00:28:06 — The value of psychometric assessments in hiring 00:34:43 — Title inflation: why titles are not free 00:39:27 — The “working lead” model as an alternative to premature promotion 00:44:16 — Closing thoughts and what’s coming in the series 3 Key Takeaways (from the Host) Begin with the end in mind — succession and exit planning is not optional, it is foundational Find the right fit for the right time — it is okay to hire for a stage, not forever Titles are not free — handing them out carelessly hurts your business and your people About Dave Bulloch Dave Bulloch is a seasoned executive and fractional leader with decades of experience in corporate finance, operations, and CEO-level leadership across multiple industries and business sizes. He specializes in helping growing businesses navigate succession planning, operational efficiency, and building the right leadership teams at the right time. Dave was previously featured in Season 1 of the podcast and returns for a new multi-episode series on the business life cycle. Connect with Dave Bulloch on LinkedIn Connect & Subscribe Subscribe wherever you listen to podcasts Leave a review — it helps us reach more entrepreneurs like you Have a topic or question? Drop a comment or reach out — Mark reads every one

What happens when family relationships collide with business ownership?In this episode, Matt Di Francesco unpacks the emotional side of family business succession and explains why many transitions fail long before the paperwork is signed. From the “dinner table dilemma” to tension between business-active and non-business-active family members, Matt explores the real challenges that can derail a transition.Whether you are preparing to transition your business to the next generation, planning your retirement, or trying to protect both your company and your family relationships, this episode delivers practical insights to help you transition on your terms while preserving family unity. Matt also talks about:(01:27) The hidden family dynamics that can derail a business transition(02:20) Why letting go of your business identity is so difficult(03:02) Separating family and business for a smoother transition(05:35) Three keys to a successful family business transitionConnect With Matt DiFrancesco:matt@highliftfin.com(814)201-5855LinkedIn: Matt DiFrancescoLinkedIn: High Lift FinancialFacebook: High Lift Financial Instagram: @high_lift_financialYouTube: @highliftfinancialDisclaimer:All information is obtained from sources deemed reliable, but not guaranteed. No tax or legal advice is given nor intended. Content provided herein or on our website should not be construed as an offer for investment advice or for securities, insurance, or other investment products. Investments involve the risk of loss and are not guaranteed. Consult a qualified legal, tax, accounting, or financial professional before implementing any investments or strategies discussed here.High Lift Financial is a DBA for DiFrancesco Financial Concierge, LLC.  Investment advisory services are provided through Cornerstone Planning Group, LLC, an independent advisory firm registered with the Securities and Exchange Commission.

Stop letting self-criticism ruin your family business dynamics. Leadership coach Massimo Backus explains how self-compassion and emotional intelligence create a more resilient succession plan. Why do so many family business leaders feel like they have to choose between being a "strong boss" and a "loving family member"? Often, the pressure to maintain a multi-generational legacy leads to a culture of overcontrol and self-pressure that actually stifles growth. In this episode of Safe Space, we sit down with leadership strategist and author of Human First, Leader Second, Massimo Backus. With a deep background in organizational psychology, Massimo helps us dismantle the internal narratives and inherited behaviors that often plague family enterprises. We move past the technical side of governance to look at the "inner work" required to sustain a healthy family office. In this conversation, we solve for: The "Overcontrol" Trap: Why founders struggle to delegate and how to shift from controlling the work to developing the people. Emotional Resilience: Using mindfulness and self-awareness to navigate high-stakes family dynamics without burning out. Building a Flourishing Culture: How replacing self-criticism with self-trust allows the next generation to step into their own leadership with confidence. Whether you are navigating a difficult succession or simply trying to improve family relationships within the business, Massimo's story-driven approach offers a practical roadmap. It's time to stop doing the work for your people and start leading with the clarity and humanity that your legacy deserves. Connect with me here: • https://www.linkedin.com/in/francesco-lombardo-fea-496a7966/ • https://www.facebook.com/VeritageFamilyOffice • https://www.youtube.com/@VeritageInternational • https://veritage.ca

The Moneywise Radio Show and Podcast Thursday, May 7th  BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management phone: 661-809-6508 The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.  

Business owners: find out how to position yourself and your business for the Great Wealth Transfer.In this final episode of our Getting Ahead of the Great Wealth Transfer podcast series, our financial partners along with business succession advisor Kevin T. Lewis, founder of Rocklobs Advisory, share the specific strategies that business owners should put into place now, and in the years leading up to succession.- Subscribe to the You and Your Money podcast- Follow us on Facebook, Instagram, LinkedIn and YouTube- See how we can create a tailored financial strategy to help you live with Absolute Confidence, Unwavering Partnership, For Life: whzwealth.com 

The following article of the Professional Services industry is: 'Family Business Succession:  Governance vs Inheritance' by Javier Garcia, Managing Partner, Clever BoD.

Quotes from the episode: "The emotional side of letting go and the identity shift is something nobody really warns you about."   "Clarity is kindness, especially when the chips are down." "Intelligence gets beaten by emotional regulation and patience every day." (Tommy Mello)   This episode is a true "collab" between Building HVAC Science and HVAC School Podcasts, with Bill Spohn Sr. and Bill "Billy" Spohn Jr. (TruTech Tools) joining Bryan Orr and his dad Robert Orr (Kalos Services) to talk candidly about family business succession. They dig into the part nobody really warns you about: the emotional identity shift of letting go, moving from decision maker to advisor, and the weird tension of still being "the face" of the brand while your successor has to establish themselves.   From there, the conversation gets practical. The group compares how succession looks in a 24-person company versus a 400-person contractor, and why the fundamentals still rhyme: role clarity, accountability, and the right people in the right seats. Bill and Billy share how EOS helped "bake in" structure that made the handoff less chaotic, including accountability charts and more frequent performance conversations. Bryan and the Orrs add their lens on stewardship, culture, and doing right by people when the chips are down.   They wrap with advice for other family businesses: start earlier than you think, make a public commitment so you cannot quietly back out, seek outside counsel to keep your head from lying to you, and do not carry unresolved issues into family life. The final note lands on something bigger than succession itself: prepare for "what's next" so retirement does not become fading away, and keep relationships, forgiveness, and emotional regulation at the center if you want the business and the family to survive the transition   Bryan's LinkedIn:https://www.linkedin.com/in/bryanorrkalos/ Robert's LinkedIn:https://www.linkedin.com/in/rborr/ Billy's LinkedIn:https://www.linkedin.com/in/billy-spohn-jr-a06201a3/ Bill's LinkedIn:https://www.linkedin.com/in/billspohn/ Books we referenced: Traction By Gino Wickman RocketFuel by Gino Wickman & Mark Winters Succeeding. By Albert Ciuksza Good To Great, Jim Collins Family Business Succession: The Final Test of Greatness- Aronoff, McClure, & Ward  Process! - Mike Paton and Lisa Gonzalez  The Business Transition Handbook - Laurie R. Barkman  Who Comes Next? Leadership Succession Planning Made Easy - Mary C. Kelly, Meredith E. Powell  This episode was recorded in February 2026.

Earlier this week, Lenny Cottom announced the sale of Hawksnest Snow Tubing & Zipline after 35-years of family ownership. Fortunately, this was part of the Cottom's plan, and they worked to find a buyer that shared their vision for the future of this long-time outdoor playground.Business succession does not always go so smoothly, and sometimes a lack of planning can force the hand of a business owner in a way that has a negative impact on employees, customers, and the surrounding community.On this week's Mind Your Business, we hear directly from Lenny Cottom about the sale of Hawksnest, what drove the family's decision, and what comes next for one of the High Country's longest running outdoor attractions. We then tackle the concept of business succession as we visit with Chris Grasinger and John Wilantowicz of Mountain BizWorks. We discuss how developing a plan around the sale of a business can help maximize the value of the return, and ensure employees and customers can continue to count on the goods and services provided. We'll also talk about the growing benefits of buying an established business versus starting a small business from scratch, and how that can factor positively into future financing, community positioning, and other similar considerations.Mind Your Business is written and produced weekly by the Boone Area Chamber of Commerce. This podcast is made possible thanks to the sponsorship support of Appalachian Commercial Real Estate.Catch the show each Thursday afternoon (except this week -- tune in Friday, April 10th) at 5PM on WATA (1450AM & 96.5FM) in Boone.Support the show

Lynita Mitchell-Blackwell, LMB Law Offices PC, on Wills, Trusts, Business Succession, and the Legacy Light Path (North Fulton Business Radio, Episode 949) On this episode of North Fulton Business Radio, host John Ray welcomes Lynita Mitchell-Blackwell, Managing Attorney at LMB Law Offices PC, to discuss estate planning, legacy, and what it actually takes to protect the […]

In Chapter 1 of POSTMORTEM ESTATE PLANNING 2026 Edition, George Schoenbeck poses some fundamental questions: "What is 'postmortem' estate planning? How does an attorney advising an executor or trustee know when such planning is needed? Further, what does the attorney need to know before engaging in it?" In this episode, Mr. Schoenbeck answers some additional questions around succession planning for families with closely held businesses as part of their estates.For more on estate planning, IICLE's premier conference, the 2026 Estate Planning Short Course, is coming up May 4 and 5 in Champaign and online via live webcast and May 18 and 19 in Chicago.IICLE® is a 501(c)(3) not-for-profit based in Springfield, Illinois. We produce a wide range of practice guidance for Illinois attorneys and other legal professionals in all areas of law with the generous contributions of time and expertise from volunteer attorneys, judges, and other legal professionals.

Part two of Amy Morin and Amy Wirtz's podcast is now out: 'Addressing Family Dynamics in Business Succession - Part Two (#276).' Hear the end of their discussion on the importance of addressing family dynamics during business succession planning. Tune in weekly to hear more from Mastery Partners and to receive relevant key content on your journey to maximizing your business value! #maximizebusinessvalue #masterypartners #AmyWirtz #TheFamilyBusinessConsultingGroup GET THE BOOKS: Start with Maximizing Business Value by Tom BronsonLearn More about Amy MorinAmy Morin is an accomplished entrepreneur and Business Growth Coach who brings exceptional value to your network. She has an impressive background as a Certified EOS Implementer®, Outgrow Sales Advisor, and Certified Exit Planning Advisor®. What makes Amy truly remarkable is her real-world success. She co-founded and scaled a company from zero to $40 million in revenue across multiple states before executing a successful exit. Later, she purchased a struggling Montana fly-fishing resort, implemented effective systems and accountability measures, and transformed it into a profitable enterprise that she also successfully exited. Learn More about Amy WirtzAmy Wirtz is a senior consultant with The Family Business Consulting Group passionate about helping families develop and define their purpose. She works closely with families to identify their goals around values, ownership, and financial wealth. To support these goals, Amy helps families establish family offices, family councils, and enterprise governance systems. Amy's multidisciplinary background supports the unique challenges family businesses face. She holds a bachelor's degree in secondary education and a law degree, and she practiced law for 27 years, ten of which were focused on collaborative law. She is also a trained mediator and skilled facilitator with deep expertise in conflict resolution, communication, and listening.In 2024, the Exit Planning Institute named her Exit Planner of the Year in recognition of her outstanding work guiding family firms through successful transitions. Amy also serves on multiple family business advisory boards in Ohio. She is a sought-after speaker for organizations such as YPO, YPO Family Office, the Private Company Governance Conference, and The Exit Planning Institute.Mastery PartnersElevating Businesses to Achieve The Business Owner's Dream Exit The unfortunate reality is that for every business that comes on the market (for whatever reason), only 17% of them achieve a successful exit. You read that right. 83% of attempted business transitions never reach the closing table. Mastery Partners is on a mission to change that. We ELEVATE businesses to achieve maximum value and reach that dream exit.Our objectives are simple - understand where the business is today, identify opportunities for dramatic improvement, and offer solutions to enhance the business, making it more marketable and valuable. And that all starts with understanding the business owner's definition of his or her dream exit.  Mastery has developed a 4-Step Process to help business owners achieve their dreams.STEP 1: Transition Readiness Assessment STEP 2: Roadmap for Value Acceleration STEP 3: Relentless Execution STEP 4: Decision: Now that desired results are achieved, the business is ready for the next step in the journey!CONNECT WITH MASTERY PARTNERS TO LEARN MORELinkedInWebsite© 2025 Mastery Partners, LLC.

Holistic Estate planning is widely considered as being 'so hot right now' for many advisers. Business succession planning, as part of holistic estate planning, is arguably becoming the 'go to' value add for many advisers. This session will explore the key ways financial advisers, accountants, risk advisers and other lawyers can leverage View's facilitated business succession planning platform to monetise their offering; while managing risk. With updated content for 2026, the webinar will explore the latest iterations available for advisers wanting to facilitate or project manage product delivery in areas such as:    insurance funded buy sell deeds  all forms of non-insurance funded agreements (including shareholder, partnership agreements and property owners deeds) interplay with wider offerings (including trust succession and estate planning) Stapling of arrangements across multiple entities annual business succession planning health check For access to more webinars and resources join one (or all) of the View Communities. Reminder to View Community members – join us in the FaceBook group for a deeper conversation about this topic and how you can leverage your learnings for your customers. Not a member? Learn about View's online mastermind communities below to see which one (or three) suits the needs of you and your business. Techniview: For advisers working in holistic estate planning (including trusts, asset protection, superannuation, tax and business succession)  Adviewser: For advisers wanting to facilitate legal solutions for their customers in holistic Estate Planning  Viewruption: For professional service providers wanting to iterate their business model (including abandoning timesheets) Related articles and resources: PODCAST: #104 – Securing succession of SMSFs as part of an estate plan  PODCAST: #76 – Adviser Facilitated Business Succession Planning: The Steps for Success    Listen to View's previous episodes here. 

 8. Business Succession and AIProductivity Guest: Gene Marks Summary: Gene Marks provides tax advice for retiring "boomer" entrepreneurs, suggesting C-corporation conversions. He also introduces Microsoft's AI agents, which function like specialized digital employees to handle routine tasks such as billing and lead qualification. (8)1939 OKLAHOMA

On this episode of the "Maximize Business Value Podcast," our Certified Mastery Partner host, Amy Morrin, and guest, Amy Wirtz from the Family Business Consulting Group, discuss the importance of addressing family dynamics during business succession planning. Tune in weekly to hear more from Mastery Partners and to receive relevant key content on your journey to maximizing your business value! #maximizebusinessvalue #masterypartners #AmyWirtz #TheFamilyBusinessConsultingGroup GET THE BOOKS: Start with Maximizing Business Value by Tom BronsonLearn More about Amy MorinAmy Morin is an accomplished entrepreneur and Business Growth Coach who brings exceptional value to your network. She has an impressive background as a Certified EOS Implementer®, Outgrow Sales Advisor, and Certified Exit Planning Advisor®. What makes Amy truly remarkable is her real-world success. She co-founded and scaled a company from zero to $40 million in revenue across multiple states before executing a successful exit. Later, she purchased a struggling Montana fly-fishing resort, implemented effective systems and accountability measures, and transformed it into a profitable enterprise that she also successfully exited. Learn More about Amy WirtzAmy Wirtz is a senior consultant with The Family Business Consulting Group passionate about helping families develop and define their purpose. She works closely with families to identify their goals around values, ownership, and financial wealth. To support these goals, Amy helps families establish family offices, family councils, and enterprise governance systems. Amy's multidisciplinary background supports the unique challenges family businesses face. She holds a bachelor's degree in secondary education and a law degree, and she practiced law for 27 years, ten of which were focused on collaborative law. She is also a trained mediator and skilled facilitator with deep expertise in conflict resolution, communication, and listening.In 2024, the Exit Planning Institute named her Exit Planner of the Year in recognition of her outstanding work guiding family firms through successful transitions. Amy also serves on multiple family business advisory boards in Ohio. She is a sought-after speaker for organizations such as YPO, YPO Family Office, the Private Company Governance Conference, and The Exit Planning Institute.Mastery PartnersElevating Businesses to Achieve The Business Owner's Dream Exit The unfortunate reality is that for every business that comes on the market (for whatever reason), only 17% of them achieve a successful exit. You read that right. 83% of attempted business transitions never reach the closing table. Mastery Partners is on a mission to change that. We ELEVATE businesses to achieve maximum value and reach that dream exit.Our objectives are simple - understand where the business is today, identify opportunities for dramatic improvement, and offer solutions to enhance the business, making it more marketable and valuable. And that all starts with understanding the business owner's definition of his or her dream exit.  Mastery has developed a 4-Step Process to help business owners achieve their dreams.STEP 1: Transition Readiness Assessment STEP 2: Roadmap for Value Acceleration STEP 3: Relentless Execution STEP 4: Decision: Now that desired results are achieved, the business is ready for the next step in the journey!CONNECT WITH MASTERY PARTNERS TO LEARN MORELinkedInWebsite© 2025 Mastery Partners, LLC.

Jeffrey Mosher welcomes back Dwayne Powell Jr., Chief Operating Officer and Managing Partner of Kalamazoo Forward Ventures & Marcel Fable Price, Director of Platform and Programming at Kalamazoo Forward Ventures. Questions ● Can you tell us what inspired Kalamazoo Forward Ventures to launch Tsunami Lab? ● Nearly 40 percent of the nation's small businesses are owned by baby boomers, with an estimated $10 to $15 trillion in business value changing hands over the next decade. How does Tsunami Lab respond to that reality? ● Tsunami Lab is partnering with Kalamazoo Valley Community College to launch the first cohort. What does that partnership make possible? ● What does it mean to transform the Silver Tsunami into an inclusive wealth transfer moment? ● How does Tsunami Lab help build a new class of business owners in Southwest Michigan? ● The deadline to apply is March 19. What would you say to someone who has always wanted to own a business but isn't sure if this is for them? ● Tsunami Lab is described as being just as much for retiring business owners as it is for buyers. Can you explain what that means? ● Looking ahead, what does success look like for Tsunami Lab? Talking Points ● The Succession Crisis Reality: Fewer than 30 percent of baby boomer business owners have a succession plan. Without intervention, trillions in business value — and the jobs and community roots that go with it — are largely left to chance. Tsunami Lab is KzFV's answer to that challenge. ● Local Ownership, Local Impact: Tsunami Lab is built on the belief that business succession is not just a transaction — it's an opportunity to keep generational wealth and employment rooted in the communities where they were built. ● An On-Ramp to Ownership: Rather than only betting on startups, Tsunami Lab trains people to step into existing, proven, cash-flowing businesses. It's a more stable path to ownership, with coaching, community, and capital partners built in. ● Regional Economic Development: KzFV's goal is to identify 50 companies looking to sell within the next year and match them with the next generation of local owners — protecting jobs, preserving legacies, and expanding ownership to people who have historically been left out of that conversation. About Kalamazoo Forward Ventures Kalamazoo Forward Ventures, KzFV, is one of the largest Black-founded investment firms in the Midwest, managing more than $50 million in assets. The firm deploys venture capital, Mainstreet acquisition capital, and strategic real estate investments to expand ownership, preserve local businesses, and strengthen Michigan's economic foundation. Operating with institutional discipline, KzFV pairs capital with operational support, strategic partnerships, and leadership development to facilitate business succession, protect local jobs, and create durable pathways to generational wealth. By investing in both growth-stage companies and established businesses in transition, KzFV is building a scalable model for inclusive economic growth that is measurable, investable, and transformative. About Kalamazoo Valley Community College Established in 1966, Kalamazoo Valley Community College offers certificate programs in more than 50 areas of study and associate degrees in 60 others. These include business, healthcare, human and public service, and technical occupations, culinary arts and brewing training. The college has four Kalamazoo, Michigan locations, including the Texas Township Campus, the Groves Campus, the Arcadia Commons Campus and the Bronson Healthy Living Campus. Classes are available during the day, evening, online and weekends. Learn more at kvcc.edu » Visit MBN website: www.michiganbusinessnetwork.com/ » Subscribe to MBN's YouTube: www.youtube.com/@MichiganbusinessnetworkMBN » Like MBN: www.facebook.com/mibiznetwork » Follow MBN: twitter.com/MIBizNetwork/ » MBN Instagram: www.instagram.com/mibiznetwork/

Join Newton One Advisors (Mark Singer and Steve Target) and Curtis Golkow, Founder of Golkow Business Law, as they review essential preparation for business owners regarding succession planning. Their discussion will cover key considerations for implementation of a successful transaction to a third party, current management or key employees, and in some cases, family members.

Don't get to the end of this year wishing you had taken action to change your business and your life.Click here to schedule a free discovery call for your business: https://geni.us/IFORABEDon't miss an upcoming event with The Institute: https://geni.us/InstituteEvents2026Shop-Ware gives you the tools to provide your shop with everything needed to become optimally profitable.Click here to schedule a free demo: https://info.shop-ware.com/profitabilityTransform your shop's marketing with the best in the automotive industry, Shop Marketing Pros!Get a free audit of your shop's current marketing by clicking here: https://geni.us/ShopMarketingProsShop owners, are you ready to simplify your business operations? Meet 360 Payments, your one-stop solution for effortless payment processing.Imagine this—no more juggling receipts, staplers, or endless paperwork. With 360 Payments, you get everything integrated into a single, sleek digital platform.Simplify payments. Streamline operations. Check out 360payments.com today!In this episode, Lucas and David are joined by Australian shop owners Kosta Ka and Peter Leondis. The group explores the differences between the Australian and American auto repair industries, focusing on challenges with access to technical information, parts quality, and emerging certification hurdles for EVs. Kosta and Peter share insights on the importance of clear communication with clients and building strong shop cultures, while Lucas and David reflect on succession planning and the risks of lacking a solid business exit strategy.00:00 Generational Gaps in Apprenticeships05:39 "OnlyFans: Limited Choices Commentary"15:31 Repair Shops Face Ebb and Flow20:31 Aftermarket vs. Dealer Parts Pricing23:47 "Licensing Drives Underground Competition"31:33 Cultural Differences in Communication Styles36:57 "Planning Beyond Fixing Cars"40:20 Business Succession and Exit Challenges47:01 Overcoming Founder Syndrome50:49 "Core Values Drive Business Success"55:13 Australian Auto Training Revolution

Nearly six out of ten small businesses fail during ownership transitions—not because they were struggling, but because owners made preventable planning mistakes. From waiting too long to keeping plans secret, these errors destroy years of hard work in moments.Learn more: https://www.estates-utah.com/ Curry Andrews Consulting City: South Jordan Address: 10808 South River Front Parkway Website: https://www.estates-utah.com/ Phone: +1-801-960-3830

In this episode of Carlsbad: People, Purpose and Impact, host Bret Schanzenbach sits down with Bennett Mann, valuation specialist and business broker with The Chase Group, to talk about what it really takes to build – and successfully sell – a small business.Bennett, a San Diego native and SDSU economics grad with additional business analysis training from UCSD, shares his career path through valuation roles at Bank of America, CoreLogic, and consulting for Fortune 500 companies. He explains how those experiences led him to focus on privately held small businesses and helping owners plan their “third chapter.”You'll hear:Why only 15–30% of small businesses that go on the market actually sellHow to avoid being one of the 70–85% that simply close their doorsWhat a valuation specialist does and how Bennett helps owners understand their current market valueThe danger of being an owner-dependent “lifestyle business” vs. building a transferable companyWhy clean, credible financial records are non-negotiable if you want buyers to take you seriouslyHow to turn your “secret sauce” into documented intellectual property and processesDifferent types of buyers: family, employees, strategic buyers, and private equityWhy you should start planning your exit 3–5 years before you want to sellBennett's love of Carlsbad's outdoor life, from Batiquitos Lagoon to Lake CalaveraWhether you're years away from selling or just starting to think about your next chapter, this episode will help you look at your business through a buyer's eyes and start making decisions that increase both its value and your freedom.Connect with Bennett MannLinkedIn: Bennett MannEmail: bennett@chasegroup.usTune in to Carlsbad: People, Purpose and Impact to learn how to build a business that can thrive – and sell – without you.Quotes“Most businesses that don't sell have one thing in common: the owner is the business.”“Clean books are what sell businesses. Buyers have to be able to trust your numbers.”“Documenting your ‘secret sauce' turns what's in your head into real, transferable value.”“Two businesses can have the same bottom line, but the one that runs without the owner is worth far more.”“The ideal time to plan your exit is three to five years before you want to sell – or when you start the business.” Did this episode have a special impact on you? Share how it impacted youCarlsbad Podcast Social Links:LinkedInInstagramFacebookXYouTubeSponsor: This show is sponsored and produced by DifMix Productions. To learn more about starting your own podcast, visit www.DifMix.com/podcasting

Loraine DiSalvo, Morgan & DiSalvo, on Estate Planning, Business Succession, and Blended Families (North Fulton Business Radio, Episode 932) On this episode of North Fulton Business Radio, host John Ray welcomes Loraine DiSalvo, partner at Morgan & DiSalvo, an Alpharetta law firm specializing in estate planning and trust administration. Loraine discusses the critical importance of proactive […]

Why Brand Can Make or Break Family Business Succession & Legacy In Episode 124 of The Family Biz Show, host Michael Palumbos welcomes back Megan Lynch of Six Point Strategy for a wide-ranging conversation that connects branding, trust, and reputation to the real drivers of Family business succession, Family business leadership, and long-term enterprise value. What makes this episode especially powerful is that Megan isn't approaching brand as "marketing"—she approaches it as an essential part of family business strategy, Legacy planning, and Business continuity for families. Megan shares how her firm originally focused on creative branding work, but as she stepped deeper into the family enterprise space—and became more intentional about Passing on the family business within her own journey—she recognized a key truth: family businesses operate under dynamics that traditional corporate strategy often fails to address. This is why working with a skilled Family Business Advisor or Family Business Consultant matters so much. Without the right lens, even "good ideas" can create harm, confusion, or conflict, especially during family business continuity planning. A Next-Gen Journey Into Family Enterprise Complexity Megan explains that as she started thinking about the future of Six Point Strategy and the transition of leadership, she joined a family business center for succession support. What she discovered quickly was that Family business succession isn't just a transaction or a timeline—it's emotional, relational, and deeply tied to identity. That's where the biggest insight comes in: family enterprises don't live in a vacuum. Ownership, management, and family relationships intersect constantly. So when a Family Business Consultant or Family Business Advisor recommends a new strategy or brand shift without understanding those intersections, it can destabilize trust, trigger resistance, and disrupt Business continuity for families. This is exactly why Megan describes family business work as a discipline—one that requires education, humility, and collaboration. She highlights that a financial advisor for family business or a family business wealth management advisor may be working on governance, capital, or transition planning at the same time that marketing or brand conversations are unfolding. If those advisors aren't aligned, the business and the family can pay the price. Why PPI Rendezvous Felt Like "Home" for a Family Business Advisor Mindset Michael and Megan discuss the Purposeful Planning Institute (PPI) Rendezvous in Denver, which Megan attended despite being the only "brand person" in the room. She describes the conference as a unique blend of academic curiosity and practical collaboration—where professionals openly share real examples, tools, and frameworks to improve how they serve families. This speaks directly to what families need today: a coordinated ecosystem of advisors, including the Family Business Advisor, Family Business Consultant, and trusted experts in governance, wealth, and transition. Families navigating family business legacy planning rarely have just one challenge at a time. They are dealing with succession, leadership development, reputation, rising-gen engagement, and often family business wealth management all at once. That's why the most effective outcomes happen when the advisor team thinks holistically and supports true family business continuity planning. The Cracker Barrel Lesson: Brand Isn't a Logo, But Logos Carry Meaning The episode pivots into a timely example: the "Cracker Barrel debacle," where a brand change sparked intense public backlash. Megan uses this moment to explain how people emotionally connect with symbols, especially nostalgic brands. The logo isn't the brand, but it becomes shorthand for what the brand represents—comfort, tradition, familiarity, and trust. For a family enterprise, this is a direct parallel: when long-standing brand elements change, stakeholders worry about deeper changes too. Megan calls this the "what else are we losing?" response. Customers and employees don't just react to design—they react to perceived shifts in trust and identity. This is why Family business leadership transitions and Family business succession must be approached with strategic communication and continuity. If leadership change is paired with sudden brand shifts, it can amplify uncertainty and weaken stakeholder confidence. Families focused on Business continuity for families must consider not only operational transition, but how reputation and brand signals communicate stability. Reputation as an Asset: The Hidden Value Families Must Protect One of the most valuable parts of the conversation is Megan's framing of reputation as a tangible asset. Many family owners intuitively know this: if you ask what their greatest assets are, they will often say "our reputation," "our relationships," and "the trust our customers have in us." That trust is brand equity—and it directly affects enterprise value. Megan explains that in business valuation, "intangible assets" often include brand power, customer relationships, intellectual property, and market positioning. Even if a family never sells the business, this still matters, because the business is often the family's largest asset and the central engine behind family business wealth management and long-term Legacy planning. In other words, the asset being transferred through Passing on the family business isn't just equipment, revenue, or real estate—it's also trust and goodwill. This is where the role of a Family Business Advisor becomes critical. A strong advisor helps families inventory and protect the intangible value that supports family business legacy planning, family office legacy planning, and strategic transition. The Three Brand Pillars That Strengthen Continuity and Transferability Megan outlines three practical pillars that help a business build brand equity and prepare for generational transfer. These pillars are especially relevant for a family business succession planning advisor or a Family Business Consultant supporting long-term continuity: 1) Transferability Does trust live only with the founder or leading generation? Or does it live within the company itself? If reputation is tied to one person, succession becomes fragile. Strong transferability supports family business to new generation transitions and reduces the "key person risk" that threatens Business continuity for families. 2) Systemization Is the brand experience consistent? Are communication systems documented? Are brand standards and customer experiences repeatable? Systemization helps the business maintain continuity when leadership changes, which is essential for family business continuity planning and Family business leadership development. 3) Voice of the Customer Do you regularly collect customer feedback, surface insights, and operationalize them? Megan notes that many family companies say they "know their customers," but don't systematize that knowledge. Capturing and using customer insight strengthens brand equity and gives future leaders a clear roadmap for protecting trust. These pillars connect directly to family office explained thinking: families who operate with a family business family office mindset often seek structured processes, measurable systems, and continuity planning that outlasts any one person. This is where family business family office advice becomes highly relevant, particularly when brand and reputation are part of the family's long-term wealth and continuity strategy. Culture Made Visible: Why Brand Is a Leadership Issue Michael and Megan reinforce that brand is essentially culture made visible. If culture is unclear, inconsistent, or undocumented, it becomes difficult to transfer. That's why families must articulate vision, purpose, and values in ways that employees and customers can repeat easily. Megan offers a sharp test: can employees and customers explain your strategy in one sentence? If not, you risk becoming a "best kept secret"—and your team won't be aligned. For a Family Business Advisor, this is a crucial leadership and continuity issue. A cohesive internal culture is the foundation for Family business leadership and the consistency needed for Family business succession. This also ties into family office strategy: families building a multi-generational enterprise want more than profit—they want shared values, shared identity, and a legacy story that carries forward. That's why brand and culture are directly connected to Legacy planning and family office legacy planning. Rising Gen Engagement: The Two Gateways to Continuity When the conversation turns toward next-gen stewardship, Megan identifies two powerful pathways for engaging the rising generation and strengthening Business continuity for families: Brand Education Start early. Teach the next generation what the business stands for, who it serves, and why it matters. This supports a smoother transition from family business to new generation, especially in cousin consortium stages where some owners may not work in the operating company. When the rising generation understands the brand and legacy, they're more likely to become responsible stewards—and not accidental risk points (especially in today's social-media environment). Strategic Philanthropy Megan emphasizes that philanthropy can connect values, community relationships, and reputation. Michael builds on this idea by describing philanthropy as "the sandbox for entrepreneurship and leadership." It teaches communication, decision-making, collaboration, and gratitude—skills that reduce entitlement and strengthen long-term family business legacy planning. For families working with a Family Business Advisor or financial advisor for family business, philanthropy can become a structured training ground that supports governance, next-gen development, and even public reputation—an underrated asset in family business continuity planning. The Big Takeaway: The Brand Is Part of the Legacy This episode makes one message crystal clear: brand, reputation, and trust are not surface-level marketing decisions. They are legacy assets. They are continuity tools. They are governance tools. They are the human infrastructure that determines whether leadership changes feel stable or disruptive. Families who want to succeed in Passing on the family business must treat brand and culture with the same seriousness they treat financial statements, legal structures, and ownership plans. A well-rounded advisor team—including a Family Business Advisor, Family Business Consultant, family business wealth management advisor, and a family business succession planning advisor—can help families align strategy, strengthen trust, and protect the enterprise for the next generation. Ultimately, this is what Business continuity for families looks like: continuity of leadership, continuity of culture, continuity of reputation, and continuity of purpose—supported by clear systems, aligned strategy, and thoughtful Legacy planning.

If you've been punting your estate planning all year, this is your wake-up call. In this episode, I bring in Griffin Bridgers—a recovering attorney who lives in this space—to tear down the myths and get you moving before the holidays eat your calendar. We get real about why estate planning slips to the bottom of the list: nobody wants to think about death, and everybody swears they'll “get to it later.” Later rarely comes. We start with basics that most people still miss: your will's validity, witness requirements, and why “perfect is the enemy of good.” Get the core documents done, then build the habit of revisiting them as your life changes—because it will. Your family changes. Your relationships change. Your appointees change. Set-and-forget is a fantasy. Review is the job. Then we crack open the myths: “The bank has my beneficiary, so I'm covered” (no, that's not a plan), and “my attorney has the originals, so I don't need to track anything” (do your people even know how to reach that attorney—or if they're still practicing?). This is where good intentions die and heirs get stuck. Business owners—this one's for you. Your buy-sell is not a checkbox. It's a minefield of human behavior, valuation drift, liquidity shortfalls, “I'm done working but still own 50%” scenarios, and spouses who don't agree with your sweetheart deal. If you don't define the rules, a judge will. Griffin's core punchline is simple: death is never easy, but you can make it easier. Start with the “who” and the “how.” Review your will, trusts, POAs, and—crucially—the people you've named. Educate them on their roles. Create an instruction manual so someone can actually run the playbook when you're gone. Then get your corporate docs in one place, with minutes and filings current. Organize first. Then review. Then fix. Watch the full episode here: https://youtu.be/7ZRs0r_XCVsAs always we ask you to comment, DM, whatever it takes to have a conversation to help you take the next step in your journey, reach out on any platform!Twitter, FaceBook, Instagram, Tiktok, LinkedinDISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

Why estate planning and business succession fail most often has nothing to do with legal documents. It comes down to communication, valuation, and timing. In this episode of Behind The Numbers With Dave Bookbinder, we explore the intersection of estate planning, business succession, and valuation with private client attorney Brian Balduzzi. Brian explains why estate planning is not just for the ultra-wealthy. Every business owner needs core documents in place to protect their family and business: wills, medical and financial powers of attorney, and a plan for what happens to their company. We dig into: How business valuation fits into estate and succession planning When to assemble the right advisor team and who should be at the table The dangers of ignoring valuation for illiquid assets Why failing to communicate plans derails succession efforts How gifting strategies, charitable giving, and legacy intentions shape outcomes Brian also touches on the emotional and human aspects of planning: chosen family considerations, stewardship of wealth, and why planning during life often creates better results than leaving everything to be sorted out later. If you're a business owner, this conversation offers practical steps to start protecting your company and your family today. #EstatePlanning #ProtectYourAssets #FuturePlanning #TaxStrategy #BusinessValuation #FamilyWealth #LifeGoals #LegacyPlanning ----more---- About Our Guest: Brian M. Balduzzi, Esq., Tax LL.M., MBA, CFP®, CEPA®, AEP®, IPA (he/him) is an attorney in the Private Client Group at Faegre Drinker in its Philadelphia, Princeton, and New York offices. Brian specializes in sophisticated estate and wealth transfer planning, helping families prepare for transitions, exits and succession. He also advises clients on estate and gift tax exemption strategies, charitable planning, prenuptial planning, estate and trust administration, and fiduciary litigation. Brian is a tax, business law, estate planning, accounting and finance adjunct professor. His scholarship has been featured in multiple regional and national trusts and estates and legal publications. In 2019, Brian was one of four Trusts and Estates attorneys selected as an ABA Real Property Trusts & Estate (ABA RPTE) Fellow, and, in 2021, as an American College of Trust and Estate Counsel Young Leader Fellow. For the ABA RPTE Section, he serves as the Chair of the IRA Plans & Distributions Committee, Chair of the Financial Planning and Risk Management Committee, Vice Chair of the DEI Committee, Member of the Trust and Estate Books Editorial Board and Council Member. Brian is also an active member of the Philadelphia Estate Planning Council on multiple committees and speaker as part of their Roundtable program. He has previously been honored as a Pennsylvania City and State Forty Under 40, Al DIA 40 Under Forty, Rainbow Revolutionary Distinguished Alumni, Philadelphia KEEPER, American Bar Association Top Forty Lawyers – On the Rise, and Boston University School of Law Young Alumni Chair Awardee. Brian holds his JD/Tax LL.M. from Boston University School of Law and his MBA with a Minor in Real Estate from Cornell University. He is licensed to practice law in PA, NJ, NY, FL, and MA, and he is in the process of waiving into the South Dakota bar.  Links: Brian M. Balduzzi | Professionals | Faegre Drinker Biddle & Reath LLP Estate Planning Lessons From the Oracle of Omaha | Law.com Planning Suggestions for the Impact of OBBBA on Estate and Tax Planning | Publications | Insights | Faegre Drinker Biddle & Reath LLP Sales of Qualified Small Business Stock (QSBS), ‘Stacking' and Other Structures for Advanced Estate Planning | Publications | Insights | Faegre Drinker Biddle & Reath LLP      About the Host: Dave Bookbinder is known as an expert in business valuation and he is the person that business owners and entrepreneurs reach out to when they need to know what their most important assets are worth. Known as a collaborative adviser, Dave has served thousands of client companies of all sizes and industries.  Dave is the author of two #1 best-selling books about the impact of human capital (PEOPLE!) on the valuation of a business enterprise called The NEW ROI: Return On Individuals & The NEW ROI: Going Behind The Numbers.  He's on a mission to change the conversation about how the accounting world recognizes the value of people's contributions to a business enterprise, and to quantify what every CEO on the planet claims: “Our people are this company's most valuable asset.” Dave's book, A Valuation Toolbox for Business Owners and Their Advisors: Things Every Business Owner Should Know, was recognized as a top new release in Business and Valuation and is designed to provide practical insights and tools to help understand what really drives business value, how to prepare for an exit, and just make better decisions. He's also the host of the highly rated Behind The Numbers With Dave Bookbinder business podcast which is enjoyed in more than 100 countries.  

Legacy Beyond Wealth is a podcast series by Providend that invites you into the heartfelt, often complex conversations behind legacy planning. In this series, we follow the story of Richard and Eva, successful business owners approaching retirement and transitioning their business to the next generation.After completing their family legacy plan, Richard and Eva now face another major milestone: planning the succession of Richard's $30 million business. In this special bonus episode (Part One) of Legacy Beyond Wealth, we follow Client Adviser Christopher and Business Exit Associate Director Jerome as they work together to lay the foundations for this transition.For Richard, the business is more than a company; it is his life's work. Letting go is not just financial; it is deeply emotional. For Eva, the greatest concern is preserving harmony between their two children. From identifying the right successor to crafting a gradual transition plan, this episode explores how true succession planning protects not only the business but also the family relationships behind it.At Providend, we believe good legacy planning should preserve not just wealth but also relationships. It should offer clarity, not confusion.Listen to the earlier podcast episodes here on legacy planning:Episode 1Episode 2 Episode 3Episode 4Music courtesy of ItsWatR.The voice talents for this episode are Ray and Annette, Client Advisers, voicing Richard and Eva, our CEO, Christopher, voicing as their Client Adviser, and Jerome, voicing as the Business Exit Associate Director, at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.The full list of Providend's Money Wisdom podcast episodes from Season 4 can be found here.Did you know that our Providend's Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.Mentioned in this episode:Download our RetireWell™ eBook Today!Our popular RetireWell™ eBook has been updated! RetireWell™ is a methodology that Providend has developed to design a retirement income plan that will provide you with a safe and reliable stream of income for the rest of your life. Check out the link here to download a complimentary copy of the full eBook today: https://providend.com/publications/#retirewell

Join Fletcher Brown (BEI), Nathan Merrill & Taylor Smith (Goodspeed Merrill), and the ENT crew as they unpack:✅ The 7-step exit planning process✅ Insider vs. outsider transitions✅ Building business value & legacy✅ Emotional readiness for life after ownership

This week we welcome Michael and Gerard Boon, the father-son team behind Boon Brokers, for an inspiring conversation about legacy, innovation, and the journey of transforming a family business. Michael's hard work during his early days in the industry has laid the groundwork for Gerard's tech-driven approach, all while maintaining the all-important human touch.Tune in as we hear what lies behind Gerard's vision and drive for innovation, the unique dynamics of working with family, the importance of work-life balance, and the lessons learned from decades of navigating change together.

Join Fletcher Brown (BEI), Nathan Merrill & Taylor Smith (Goodspeed Merrill), and the ENT crew as they unpack:✅ The 7-step exit planning process✅ Insider vs. outsider transitions✅ Building business value & legacy✅ Emotional readiness for life after ownership

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre you building your business for today's profits—or for tomorrow's payday when you exit?Many entrepreneurs pour years of energy into growth but overlook the steps that make a company truly saleable. Financial blind spots, owner dependency, or poor succession planning can strip millions from a deal—or sink it entirely. The truth is, preparing for a profitable exit starts years before you ever plan to sell. We sat down with Karl Sigerist from the Shaughessy Group in this masterclass to answer shed some light on these issues. Whether you're five years out or just starting to think about succession, the choices you make now directly impact your valuation, your tax outcome, and your legacy.In this episode, you'll discover:Why inadequate financial statements can slash your valuation—and how to fix them before it's too late.How to reduce “key person risk” so your business runs smoothly without you at the helm.Smart tax and structuring moves that protect your wealth and make your company more attractive to buyers.Press play now to learn how to prepare your business for a profitable exit and secure the reward your hard work deserves.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Building long-term wealth in Canada requires more than just growing a business—it means preparing for business succession with accurate financial records, compliance-ready systems, and a strong advisory team to maximize your business valuation and exit strategy. Many Canadian entrepreneurs face emotional attachment when planning a business sale, but with tax-efficient investing, RRSP optimization, and smart capital gains strategies, you can transform a saleable business into a cornerstone of your CanadReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Whether you're planning your own exit or simply curious about what goes on behind the scenes, this episode is packed with practical advice and relatable stories to help you map out a successful succession plan for your own business.Welcome back to another episode of Empowering Entrepreneurs! Today, hosts Glenn Harper and Julie Smith talk about a topic that's top of mind for many business owners: business succession planning. They share lessons drawn from their work with clients, demystifying the often complicated journey of passing a business from one generation to the next.Glenn and Julie explore key challenges entrepreneurs face when it's time to step away—whether transitioning the business to family members or loyal employees. They discuss the emotional hurdles of letting go, handling entitlement, and ensuring a smooth transfer that keeps employees and clients happy. You are going to hear real-world scenarios, from the solopreneur who's never shared their “secret sauce,” to the well-oiled operation ready for a seamless handoff. Plus, you'll hear their thoughts on staggered transitions, the importance of open communication, and, above all, keeping family relationships intact through the process.This episode is brought to you by PureTax, LLC. Tax preparation services without the pressure. When all you need is to get your tax return done, take the stress out of tax season by working with a firm that has simplified the process and the pricing. Find out more about how we started.Here are 3 key takeaways from the episode:Your Mindset Matters Most Succession isn't just about logistics; it's a major emotional journey for owners. Are you truly ready to step away, or are you holding on out of habit or fear? Recognizing where you are in the process helps create a smoother transition.Communication Is Critical From addressing possible resentment among employees to clearly outlining new roles and expectations, open communication is the bedrock of a successful handover—especially with family involved.Succession Is a Two-Way Street A healthy transition depends on BOTH the outgoing owner and the incoming leader. Alignment, patience, and lots of honest conversations are necessary to avoid clashes and ensure ongoing success.Running a business doesn't have to run your life.Without a business partner who holds you accountable, it's easy to be so busy ‘doing' business that you don't have the right strategy to grow your business.Stop letting your business run you. At Harper & Co CPA Plus, we know that you want to be empowered to build the lifestyle you envision. In order to do that you need a clear path to follow for successOur clients enjoy a proactive partnership with us. Schedule a consultation with us today.Download our free guide - Entrepreneurial Success Formula: How to Avoid Managing Your Business From Your Bank Account.Glenn Harper, CPA, is the Owner and Managing Partner of Harper & Company CPAs Plus, a top 10 Managing Partner in the country (Accounting Today's 2022 MP Elite). His firm won the 2021 Luca Award for Firm of the Year. An entrepreneur and speaker, Glenn transformed his firm into an advisory-focused practice, doubling revenue and profit in two years. He teaches entrepreneurs to build financial and operational excellence,...

In this episode of the Expert Network Team podcast, we're joined by Jeff Eliason, Managing Director at SDR Ventures, to unpack the full process of selling your business—and how to position yourself for not just one, but two potential payouts. Jeff breaks down what it means to “run a process,” how to prepare for a successful exit, and why recurring revenue businesses are hot in today's M&A environment. Plus, Jeff Krommendyk shares a firsthand account of navigating an earnout with his own business. You'll learn: - What investment bankers really do - How to protect your valuation during due diligence - Why boring businesses with moats attract serious buyers - What the “second bite of the apple” really looks like - Why AI and recurring revenue are shaping today's deals This episode is a must-listen for business owners exploring succession, sale, or scaling. Geoff S. Eliason, Principal SDR Ventures geliason@sdrventures.com 720.221.9220 Expert Network team provides free consultations. Just mention that you listened to the podcast. Nathan Merrill, attorneyWorking with affluent families and entrepreneurs in implementing tax-efficient strategies and wealth preservationGoodspeed, Merrill(720) 473-7644nmerrill@goodspeedmerrill.comTaylor Smith, attorneyHelping affluent families build their legacy through complex estate planningGoodspeed Merrill(720) 512-2008tsmith@goodspeedmerrill.comwww.goodspeedmerrill.com Jeff Krommendyk, Insurance ExpertWorking with business owners and successful families in transferring riskOne Digital Insurance Agency(303) 730-2327jeff.krommendyk@onedigital.comKarl FrankFinancial planner helping a small number of successful families grow and protect their wealth and choose how they want to be taxedCERTIFIED FINANCIAL PLANNER™A&I Wealth Management(303) 690.5070karl@assetsandincome.comWebcasts, Podcasts, Streaming Video, Streaming AudioA&I webcasts, podcasts, streaming video, or streaming audios are provided free of charge solely for use by individuals for personal, noncommercial uses, and may be downloaded for such uses only, provided that the content is not edited or modified in any way and provided that all copyright and other notices are not erased or deleted.All webcasts, podcasts, streaming video, or streaming audios are subject to and protected by U.S. and international copyright laws and may not be sold, edited, modified, used to create new works, redistributed or used for the purpose of promoting, advertising, endorsing or implying a connection with A&I.A&I reserves the right, at any time and for any reason, to stop offering webcasts, podcasts, streaming video, or streaming audios and to stop access to or use of webcasts, podcasts, streaming video, or streaming audio and any content contained therein A&I shall not be liable for any loss or damage suffered as a result of, or connected with, the downloading or use of the webcasts, podcasts, streaming video, or streaming audios.A&I Wealth Management is a registered investment adviser that only conducts business in jurisdictions where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment adviser is not an endorsement of the firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability. The firm is not engaged in the practice of law or accounting.The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the presenter on the date of the podcast and are subject to change. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed. You should consult with a professional adviser before implementing any of the strategies discussed. Any legal or tax information provided in this podcast is general in nature. Always consult an attorney or tax professional regarding your specific legal or tax situation.

Thinking about retiring as a business owner but not sure how to start? Frank and Frankie Guida explore real-world strategies for transitioning your business, minimizing taxes, and creating a succession plan that protects your legacy and your family. Learn how tools like deferred sales trusts and charitable remainder trusts can turn your life’s work into lasting retirement income—all while keeping more of what you’ve earned Schedule a complimentary appointment: A Better Way Financial CLICK HERE to register for one of our upcoming Tax-Smart Retirement Planning Dinner Workshops. Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.” Follow us on social media: Facebook | LinkedIn | YouTube See omnystudio.com/listener for privacy information.

"I'm 58, own a small service company, and would like to retire around 65. I don't have a formal succession plan or buyer lined up. What steps should I take now to transition out without leaving value on the table?" We're answering YOUR questions on this week's Get Ready For The Future Show! And we're joined by special guest Kaleigh Marsh, Employee Benefits Consultant with Gallagher, for help answering your benefits questions! I'm 51 and run a consulting business with just me and one part-time assistant. I already max out my Roth IRA, and my SEP IRA contributions vary based on income. I'd like to save more consistently—should I switch to a Solo 401(k), or consider taxable investments for more flexibility? I'm 47 and recently converted my business from sole proprietorship to an S-Corp. I'm taking a salary plus distributions, but I'm not sure I'm using the best tax strategy. What should I be thinking about from a financial planning standpoint? My wife and I are both 55 and run a family business together. Most of our net worth is tied up in the business, and we've fallen behind on personal retirement savings. How do we balance reinvesting in the business with securing our own future? And if you've got a question you want answered on the show, call or text 501.381.5228! Or email your question to show@getreadyforthefuture.com! Originally aired 9/3/2025

In this episode of the Finish Big Podcast, host Mark Dorman welcomes back Corey Rosen, founder of the National Center for Employee Ownership (NCEO), for Part 2 of their conversation on alternative ownership structures—specifically, the Employee Ownership Trust (EOT). Following their earlier discussion on Employee Stock Ownership Plans (ESOPs), Mark and Corey explore how EOTs differ, their origins, and why some business owners may choose them over ESOPs. They cover the practical, cultural, and philosophical factors driving this emerging succession strategy in the U.S. Mark and Corey discuss: EOT Origins & Growth: How the model evolved in the UK (inspired by the John Lewis Partnership) and its rapid adoption overseas. Key Differences from ESOPs: Costs, complexity, tax implications, and the flexibility to set custom rules for ownership and profit distribution. Ideal Candidates: Why smaller companies (often under 50 employees) and owners committed to long-term independence may benefit most. Purpose Trusts: How some companies, like Patagonia, use ownership trusts for social and environmental missions. Succession Planning Considerations: When an EOT makes sense versus a management buyout, phantom stock, or other equity models. NCEO's Role: Resources, research, and networking opportunities for companies exploring employee ownership. Connect with Mark Dorman: Succession Plus US LinkedIn: Mark Dorman LinkedIn: Succession Plus Facebook: Succession Plus (330)-416-9271 mdorman@succession.plus About the Guest: Corey Rosen is the founder of the National Center for Employee Ownership (NCEO). A former Capitol Hill staffer and political science professor, Corey helped draft early ESOP legislation in the 1970s and has since authored numerous books and research papers on employee ownership. Today, he leads NCEO's mission to educate and support businesses considering employee ownership as a sustainable, wealth-building alternative to traditional exits.  

Heart to Heart - please send your audio questions to roundtablepodcast@qq.com. / As China's family businesses prepare for a new generation to take the helm, successors face a sobering reality: companies grow, stall, or fall. With a shifting business climate, complex political relations, and economic uncertainty ahead, the pressure is on. Are they ready to steer through it all (11:36)? On the show: Heyang, Steve Hatherly & Yushan

Are you the biggest bottleneck in your business—and don't even realize it? You didn't build your company to babysit it. But if you're still the one making every call, solving every fire, and holding the reins so tightly no one else can lead...this episode is your wake-up call. In this second installment of the special mini-series on the seven essential transitions every successful woman must navigate when she knows it's time for something new, Kris explores what it really means to step into the advisory consultant role for the very business you created and the team you built. If you've ever felt the urge to evolve beyond the business you built, this is your roadmap—and your invitation. It's not just about delegation. It's about identity. Because learning to release control doesn't start with your team—it starts with you. Letting go of being the person who approves every decision, solves every problem, or catches every dropped ball requires more than systems—it requires a shift in who you believe yourself to be. Kris walks through why founders get stuck in a cycle of over-functioning, how perfectionism masks fear, and why holding the metaphorical bat too tightly means no one else will dare take a swing. Here's what we explore: The difference between being essential and being in the way Why your team may be relying on you more than they need to What mentorship and true leadership actually look like How to grow your business by getting out of the weeds What really happens—emotionally and practically—when you loosen your grip This episode calls you forward—not to abandon your company, but to evolve into a different kind of leader: one who guides instead of manages, who advises instead of reacts, and who trusts her team to rise. Contact Information and Recommended Resources Wanna know if your business is ready to run without you? Take the short quiz here: www.thevisionary.CEO/businessready.   Linkedin Instagram Facebook Pinterest

Succession in a family business isn't just about passing the torch. It's about building the right foundation to support the next generation and protect the legacy for years to come. In this episode, Dr. Jeremy Lurey, Founder and CEO of Family Legacy 1st, returns to the show to share what actually works when it comes to family business transitions.As the founder of Family Legacy 1st, Jeremy has spent over two decades helping multigenerational businesses put strong governance in place, develop leadership teams, and plan for succession. He and Julie discuss real-world cases, including international families preparing third-generation members to become thoughtful shareholders, and Midwest businesses navigating fairness between siblings and non-family executives.Jeremy explains why professionalizing a family business can help protect both relationships and results. He shares how families are using charters, annual meetings, and defined leadership roles to create clarity. He also highlights the value of non-family leadership and how tools like insurance and non-equity compensation can bring stability during transition.They also explore current trends in family business exits, from shifting valuations to ownership challenges. Jeremy stresses the emotional side of succession and the importance of patient, honest conversations throughout the process.This is a valuable listen for anyone working in or with family-run businesses!Find Jeremy hereLearn more about Family Legacy 1st hereConnect with Julie Keyes, Keyestrategies LLCFounder, Consultant, Author, Pod-caster and Instructor

Human-Centered Family Business Succession Planning, with Andrea Carpenter, The Transition Strategists, and Jamie Reynolds, Reynolds CFO Services (Family Business Radio, Episode 65) In this episode of Family Business Radio, host Anthony Chen welcomes Andrea Carpenter of The Transition Strategists and Jamie Reynolds of Reynolds CFO Services. Andrea shares her journey from UX design to becoming […]

In this episode, scientist, author, and farmer Megan Neubauer of Pure Land Farm shares her thoughts on family-run farm businesses.   Subscribe for more content on sustainable farming, market farming tips, and business insights!   Get market farming tools, seeds, and supplies at Modern Grower. Follow Modern Grower:  Instagram  Instagram Listen to other podcasts on the Modern Grower Podcast Network:  Carrot Cashflow  Farm Small Farm Smart  Farm Small Farm Smart Daily  The Growing Microgreens Podcast  The Urban Farmer Podcast  The Rookie Farmer Podcast  In Search of Soil Podcast Check out Diego's books:  Sell Everything You Grow on Amazon   Ready Farmer One on Amazon **** Modern Grower and Diego Footer participate in the Amazon Services LLC. Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

In this episode of Remodelers On The Rise, Kyle Hunt sits down with attorney Jennifer Winegardner to discuss a critical topic many remodelers overlook—estate planning and business succession. From wills to trusts, powers of attorney to living wills, Jennifer explains the five essential documents every business owner should have in place. Hear real-life stories, practical insights, and why preparing for the unexpected (yes, even a rogue flock of turkeys) is one of the best gifts you can give your family and your team. Whether you're just starting your business or you've been running it for decades, this episode will help you avoid unnecessary legal headaches—and leave a legacy that's organized, not chaotic. ----- Today's episode is sponsored by Builder Funnel! Click here to learn more about how Builder Funnel helps remodelers and home builders grow through strategic digital marketing. ----- Explore the vast array of tools, training courses, a podcast, and a supportive community of over 2,000 remodelers. Visit Remodelersontherise.com today and take your remodeling business to new heights! ----- Takeaways Estate planning is essential for everyone, not just the wealthy. Trusts can help avoid the probate process. A will alone may not be sufficient for effective estate planning. Funding your trust is crucial for it to be effective. Regularly updating your estate plan is necessary as life changes occur. Business succession planning is vital for business owners. An inventory of assets is a helpful first step in planning. Having a good relationship with a lawyer is important for effective planning. Keep your family out of conflict and court by planning ahead. Estate planning can save your family from costly probate fees. ----- Chapters 00:00 Introduction to Estate Planning and Business Succession 05:48 Understanding the Importance of Estate Planning 08:45 Key Components of an Estate Plan 09:39 The Role of Trusts in Estate Planning

Guest: Michelle WilsonBusiness: Wilson LegalLinkedIn: linkedin.com/in/wilsonlegalInstagram: @wilson.legalYouTube: @wilsonlegal164Topics Discussed:Michelle's surprising path to law (it all started with a speeding ticket) Launching her firm with $10K and no heating The impact of the BRCA1 gene on her business operations How she stepped away for 12 weeks—and had her best month ever Using mindset coaching and systems to scale Her vision to reach $10M in revenue and serve 10,000 Georgia families The role of letters, legacy, and emotionally intelligent estate planning What makes an “A” client—and why she lets the “F” ones go Book Mentioned:So I Can Love You Longer: A Mother's Message to Her DaughterAvailable on Amazon, Kindle, and Audible.Key Questions(01:05) How did you get to be where you are?(06:49) Have you stepped yourself out of your business?(09:29) How does that make you feel? Mixed emotion?(10:37) Who would you say are your ideal people to work with? Your ideal clients?(13:17) How do you get in front of these people?(16:19) To work with you, do I need to live near you?(20:52) What are some big goals we have for the next year or two?(22:08) What do you think is the number one roadblock that's stopping you from getting those goals?(27:25) One of the things I was going to ask is, how have you found overcoming financial obstacles?(31:04) Did you find that you went online more? That your business went online?(34:48) What is some of the best advice that you have ever received?(38:31) What's the best advice that you have ever given?(42:21) Anyway, is there anything that we haven't talked about yet that you would like to?Virginia PurnellFunnel & Visibility SpecialistDistinct Digital Marketing(833) 762-5336virginia@distinctdigitalmarketing.comwww.distinctdigitalmarketing.comwww.distinctdigitalmarketing.co

Family business succession is not just about changing the leadership; it's a delicate balancing act between maintaining the legacy and embracing innovation. Both founders and successors face the challenges of navigating deep personal attachments, generational differences, and the emotional weight of letting go and stepping up. A genuine succession requires more than a solid plan: it demands trust, humility, and the discipline to lead by example.  Joining us today is Dimitri Sidiropoulos. Dimitri is a son, husband, father of three, and a second-generation leader in the construction industry. At Delphi, a company specializing in heavy mechanical infrastructure work, Dimitri plays a key role in leading the team to continue building on a legacy of quality and innovation. Dimitri's primary focus is on team building, business development, and cultivating a strong company culture. Dedicated to creating an environment where collaboration, continuous growth, and mutual respect are prioritized, Dimitri works to ensure that every team member has the resources and support needed to succeed. Throughout the conversation, Dimitri and I discussed the following topics about the strategic art of family business succession: myths of a family business, maintaining high standards, creating space for further employee advancements, expecting and handling conflict in a family business, succession planning: legacy vs. innovation, the shift from doing to leading, leading by example, and the importance of maintaining open communication with employees.  HIGHLIGHTS [02:01] Myths of family business.  [06:29] The importance of maintaining high standards.  [14:05] Building long-term client relationships with personal connections.  [16:07] Handling conflicts in a family business.  [21:28] Succession Planning: Leading with curiosity and trust.  [30:20] Dimitri's succession plan and the development of future leaders.  [38:59] Leading by example and personal growth.  [41:32] Visiting job sites and maintaining an open communication with employees.   KEY TAKEAWAYS Build a growth culture, not just a growth plan.  Go beyond the contract. Position your team as problem-solvers and collaborators.  Expect conflict. Step back when needed, cool down, and revisit the conversation later. Respect experience. Learn the lesson before you dismiss them.  Expect the discomforts in transition and embrace them as parts of growth.    RESOURCES Connect with Dimitri Sidiropoulos LinkedIn – https://linkedin.com/in/dimitri-sidiropoulos-b4485190/                      https://linkedin.com/company/delphiph/  Website Copy - https://delphiph.com/      90-Day High-Performance Dashboard You can't afford to let your people drift. To drive real performance, you must coach with clarity and purpose.   Use the 90-Day High-Performance Dashboard to: Get clear on what matters most. Drive focused action and accountability. Strengthen trust and deepen relationships.   Success doesn't happen by accident. It happens when leaders coach with precision and consistency. Download the 90-Day High-Performance Dashboard here: https://www.constructiongenius.com/high-performance-in-a-new-role Coach your team toward real results — one conversation at a time.     Resources to Help You Win in Construction

Georgi Feidler helps Baby Boomers in business navigate succession planning. Her passion is ensuring that business legacies continue successfully by equipping owners (and long-term employees) with the right strategies to transition leadership smoothly and intentionally. Today she discusses: Why succession planning isn't part of business education Why it's important Maturepreneurs know it's a shorter time from start to finish The pros and cons of “experiential knowledge” What to start doing now to make your business saleable… or inheritable. Using AI to create succession notes Big businesses and “moms & pops” Brick and mortar & online businesses If you're a Boomer business owner – or long-term employee – in these challenging times, you'll appreciate Georgi's tips and explanations. Listen now and then share this episode! Find Georgi at https://hiretraininspire.com/ Learn more about Georgi and find all her links at https://boomwithabang.com/the-boomer-womans-podcast-georgi-feidler/  

Is your “Fourth Quarter” of life filled with purpose—or just pressure? Executive coach Scott Couchenour helps leaders over 50 design a future they won't regret. In this episode of Succession Stories, host Laurie Barkman talks with Scott about his journey from burnout to breakthrough, and how he now guides others through mid-life reinvention with intention and clarity. Perfect for business owners and executives navigating succession or personal transition, this conversation will inspire you to turn uncertainty into opportunity.

Are you trapped in the cycle of working more hours but seeing less profit?   In this eye-opening episode, we explore the transformative journey of Lisa, a marketing consultant who went from working 70+ hour weeks and missing her daughter's birthday to running a thriving business on just four days a week while doubling her income.   Discover the three-part strategy that changed everything for Lisa: How implementing Profit First (even at just 1% initially) transformed her relationship with money Why establishing a Bank On Yourself policy gave her the confidence to transform her client relationships The exact script she used to transition from hourly billing to value-based pricing that tripled her rates   We also address common objections from business owners in various industries, with examples of how they adapted these strategies to their unique situations.   Key Quote: "The real transformation wasn't just in Lisa's bank account but in her relationship with both money and time. She no longer feels owned by her business or controlled by client demands."   Whether you're drowning in client work, struggling with inconsistent cash flow, or simply tired of missing life's important moments, this episode provides a practical roadmap to working less while earning more.   Want more? Get our "Work Less, Earn More" case study pack in the Wealth Wisdom Financial Community by becoming a premium member here: https://www.wealthwisdomfp.com/community.   00:00 Introduction to Sam's Story 00:40 Welcome to Wealth Wisdom Financial Podcast 01:33 The Importance of Long-Term Tax Planning 03:03 Planning for a Business Sale 08:32 Estate Planning and Business Succession 12:29 Retirement Tax Planning for Business Owners 19:13 Conclusion and Next Steps   Watch On YouTube: https://youtu.be/1pGip0hlQeU 

Could your current tax strategies be creating a ticking time bomb for your future? Sam built a successful business for 30 years. Then, he lost nearly half their $2 million sale price to unexpected taxes. In this forward-thinking episode, we explore tax planning beyond just this year's return. You'll discover: Three critical tax-planning timeframes most business owners completely ignore How to structure your business today to save taxes when you eventually sell Estate planning strategies that protect your business legacy from excessive taxation The surprising ways business profits can increase your Medicare costs in retirement Key Quote: "The tax strategies that work great for your business today might actually set you up for bigger tax headaches down the road." Listen now to learn how you can develop a comprehensive tax strategy that serves your business well through every life stage. Get your free "Business Owner's Legacy Planning Guide" in the Wealth Wisdom Financial Community. www.wealthwisdomfp.com/community     00:00 Introduction to Sam's Story 00:40 Welcome to Wealth Wisdom Financial Podcast 01:33 The Importance of Long-Term Tax Planning 03:03 Planning for a Business Sale 08:32 Estate Planning and Business Succession 12:29 Retirement Tax Planning for Business Owners 19:13 Conclusion and Next Steps   Watch on YouTube here: https://youtu.be/0aMY5WxljCc