『Building a Business That Can Thrive Without You with Laurie Barkman - Ep.14』のカバーアート

Building a Business That Can Thrive Without You with Laurie Barkman - Ep.14

Building a Business That Can Thrive Without You with Laurie Barkman - Ep.14

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Every business owner eventually has to ask a powerful question: am I building a job that depends on me, or an asset that can create long-term value without me at the center?In this episode of She Owns It, Kristen McAlister sits down with Laurie Barkman, CEO of Business Transition Sherpa, former CEO of a $100 million company, and author of The Business Transition Handbook. Laurie helps founders and entrepreneurs prepare their businesses for transition, succession, or acquisition long before they are ready to step away.Laurie explains why exit planning should not wait until the end, why buyers buy on their timeline, not yours, and why 100% of business owners will leave their company one day, even though few are truly prepared.The conversation explores owner dependence, financial readiness, advisory teams, succession options, and the emotional side of transition.Whether you are years away from selling, thinking about succession, or simply trying to build a company that can run without you, Laurie’s insight is a reminder: don’t wait until the end to build a business that can thrive beyond you.· Every owner should ask whether they are building a job or building an asset.· Owner dependence can limit business value and create stress for the founder.· Transition planning is not something to save for the end.· Buyers buy on their timeline, not the seller’s.· Succession can include family, management, strategic buyers, or financial buyers.· A successful transition includes purpose, identity, relationships, and money.· Your calendar can show whether your real priorities are being protected.In this Episode:· [00:00] Introduction to Laurie Barkman· [00:33] Are you building a job or an asset?· [01:10] Why owners tie identity to the business· [02:05] Reducing founder dependence· [03:30] Lessons from leading a $100 million company· [07:03] Why everyday entrepreneurs should ask about exit strategy· [08:03] Building with transition in mind· [10:47] Why every owner will leave one day· [12:22] Personal goals, financial picture, and value gaps· [17:05] Hiring a strong number two· [19:23] The myth that owners can sell whenever they are ready· [21:13] What owners often do not see in their own business· [26:08] Staying exit-ready before a crisis· [28:19] Defining success through a portfolio life· [32:08] Investing in relationships outside the business· [33:20] Why golf is not a transition plan· [37:20] Taking control of your calendar· [39:43] Why transition planning is not a race to the finish line· [41:15] What Laurie is owning right nowNotable Quotes:· [10:47] “All of us, 100% of business owners, are going to leave our company one day. But few are prepared.” — Laurie· [19:30] “Buyers buy on their time, not yours.” — Laurie· [23:24] “I literally heard the other day, ‘This business is killing me.’” — Laurie· [33:28] “Golf is not a transition plan. Travel is not a transition plan.” — Laurie· [37:53] “Own that calendar. Own your time.” — Laurie· [39:45] “Exit planning, transition planning is not something that you do at the end.” — LaurieOur guest:Laurie Barkman is the CEO of Business Transition Sherpa, author of The Business Transition Handbook, and creator of the BUILT By Design program. A former CEO of a $100 million company that was acquired as part of a larger $1.4 billion transaction, Laurie now helps founders and business owners build more valuable, transferable businesses and prepare for successful transitions.Laurie Barkman· Book: The Business Transition Handbook: https://lauriebarkman.me/book· Program: BUILT By Design: https://builtbydesign.info· LinkedIn: https://www.linkedin.com/in/lauriebarkman· Instagram: https://www.instagram.com/lauriebarkman· Facebook: https://www.facebook.com/LaurieBarkmanBTSherpa· YouTube: https://www.youtube.com/@LaurieBarkman_BTSherpaKristen McAlister· Website: https://www.kristenmcalister.com/· LinkedIn: https://www.linkedin.com/in/kristenmcalister
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