Selling the Family Business Without Selling Your Soul
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Selling the Family Business Without Selling Your Soul
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概要
In this episode, we sit down with Mike Flash, former co-owner of Dixie Electric, a second-generation family business founded in 1979 and successfully exited after more than four decades.
Mike shares the deeply personal story behind selling a family business that carried his parents’ names, supported generations of employees, and became part of the fabric of the local community. This is a rare, honest look at what happens before, during, and after the sale when legacy matters as much as price.
This conversation covers:
- What it’s like to exit a multi-generation family business
- Why Mike walked away from buyers who wouldn’t protect his employees
- The emotional weight of selling something tied to family identity
- Why most owners underestimate how complex exits really are
- The difference between running a business and selling one
- Life after the sale and navigating the transition from owner to employee
- Honoring legacy through leadership, faith, and giving back
This episode is for family business owners, founders, and operators who want to exit well without compromising values, people, or purpose.
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