Are you Ready to Half-Retire?
And where would you be now if you only worked half as much?
Design your Next Chapter
It all begins with an idea. Maybe you want to travel or start a new project. Maybe you want to spend more time with your family or buy a boat. Or maybe you have a creative project to share with the world. Whatever it is, strategically planning your exit will help make it a reality — sooner rather than later.
Is selling the only option?
Selling your business is NOT your only choice.
It may seem easy enough, but just because YOU love your business and don’t mind working 18 hour days to keep it going — others maybe not so much. And regardless of how much money you spend on a valuation report and how much you “know” the business is worth — explaining, pitching and pleading with potential buyers can be a waste of time and energy. SO much time and energy.
I know from my own experience. With no prospective buyers knocking on our door we changed our business model to run without us being involved in every aspect of the daily operations. So I can still contribute and have fun with our business, but I can also work from places like the Nimmo Bay Resort in the Great Bear Rainforest.
What is your genius work?
Which activities and processes in your business are dependent on you alone? And is that because only you have the skills and experience, or is it because all the information is in your head and it’s easier to do it yourself than try to teach someone else. No one else can do it as well as you can, or the way you like it to be done.
The first step in untangling yourself from your business is to identify which tasks are truly your genius work — maybe it’s strategy, customer relations and contract negotiations. Those you can keep. But for the rest of it we will document processes, train staff, create checklists, plan risk mitigation and implement quality control checks to slowly minimize the time you are needed at the office.