DiscoverBusiness Transition Roadmap with Elizabeth Ledoux
Business Transition Roadmap with Elizabeth Ledoux
Claim Ownership

Business Transition Roadmap with Elizabeth Ledoux

Author: Elizabeth Ledoux

Subscribed: 1Played: 1
Share

Description

How do communities thrive? When businesses experience healthy growth and transition. Join CEO of The Transition Strategists, Elizabeth Ledoux as she and her guests identify what makes a successful business transition roadmap. If you know you want to transition or exit your business “one day”, today is the right day to start planning. This show will give you the roadmap.
38 Episodes
Reverse
In this episode, host Elizabeth Ledoux is joined by Nelisha Firestone, who helps people in the financial world stay healthy and whole. A wealth advisor and the founder of Firestone Financial Group, Nelisha works with owners through all stages of their business. Nelisha and Elizabeth delve into the intricacies of financial planning and estate management for business owners. Nelisha shares personal anecdotes, stressing the importance of establishing trust and relationships with financial advisors early on. She also emphasizes the need for business owners to diversify their wealth beyond their primary business to mitigate over-reliance on a single income source. The conversation also explores building a team for business succession and retirement planning, emphasizing the role of successors for smooth business transitions. Connect with Nelisha Firestone on LinkedIn: https://www.linkedin.com/in/nelisha-firestone/ Learn more about the Firestone Financial Group: https://www.firestonefingroup.com/ Connect with Elizabeth Ledoux and the Transition Strategists: - Website: https://transitionstrategists.com/ - Facebook: https://www.facebook.com/thetransitionstrategists - Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ - Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: - Spotify: https://spoti.fi/3MxSYA2 - Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Andrea Carpenter, the Director of Programming at The Transition Strategists. In this episode, Elizabeth and Andrea discuss their new Big Six Program, which helps business owners think about their business transition and plan for the future. They explore the six critical questions that every owner must answer when considering a business transition: WHY? —Why do you want to transition your business? WHAT? — What do you have and want to transition? WHO? — Who will succeed you in ownership? WHEN? — When will the transition begin and end? HOW? — How will the transfer be structured? HOW MUCH? — How much do you need for your ownership interest? They also discuss proven tools that deliver successful results for owners, families, and businesses going through a business transition. Learn more about the Big 6 Program featured in this episode: https://transitionstrategists.com/big6/ Connect with Andrea Carpenter on LinkedIn: https://www.linkedin.com/in/andreashaver/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Mark Richards, Principal of the Winged Keel Group. Mark shares his insights on legacy preservation and wealth transfer strategies. He also shares his personal experience with succession planning, including the importance of having an advisory board to hold him accountable. Elizabeth and Mark also discuss how life insurance can play a crucial role in legacy preservation for ultra-affluent individuals and business owners. They also discuss the challenge of selecting a trustee for a multigenerational trust, as it requires identifying someone who can make decisions that align with the grantor's intent while also maintaining strong relationships with beneficiaries. Connect with Mark Richards on LinkedIn: https://www.linkedin.com/in/mark-richards-6472639/ Learn more about the Winged Keel Group: https://www.wingedkeel.com/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Alina Martin, an investor and advisor who was named one of Canada’s Top 100 female entrepreneurs in 2018. These days she’s building new business ventures, running her family office, and also involved in real estate and consulting. In this episode, Elizabeth and Alina discuss lessons Alina learned after merging two companies, the importance of committing to decisions and not flip-flopping, watching the sign-posts for when it’s the right time to sell your business, and the need for planning what you’re going to do after you sell your business. Alina Martin on LinkedIn: https://www.linkedin.com/in/alinamartin/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Josh Kanter, CEO and founder of leafplanner, a wealth advisory company that enables families to apply a family office perspective to optimize their impact. Elizabeth and Josh discuss his decades working in his own family office and as an advisor to other families and family offices, the need to connect legacy planning and estate planning, plus Josh’s leafplanner program that helps families capture, collect, map, and share their information for future generations. In this episode, Josh mentions the following previous episodes: The Greatest Wealth Transfer: Ensuring Success in Family Business Transition, with Doug Johnson: https://bit.ly/BTR-Doug-Johnson The Role Of Emotional Intelligence In Ensuring Successful Business Transitions, with Marcy McNeal: https://bit.ly/BTR-Marcy-McNeal Wealth Transition Planning, with Brannon Fisher: https://bit.ly/BTR-Brannon-Fisher Connect with Josh Kanter on LinkedIn: https://www.linkedin.com/in/joshua-kanter/ Website for leafplanner: https://leafplanner.com/ Follow leafplanner on LinkedIn: https://www.linkedin.com/company/leafplanner/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Kyle Recchia, CEO of The Perfect Workout, a personal training company. In this episode, Elizabeth and Kyle discuss his journey from part-time personal trainer to COO to CEO. They explore challenges of CEO successions, trust in partnerships, and the dynamic of sharing responsibility, with a focus on alignment and accountability. Recchia also reflects on the high learning curve of leadership transitions and highlights his commitment to personal and professional growth. The episode also delves into challenges of ownership transitions and the importance of open communication. Learn more about Kyle Recchia’s company, The Perfect Workout: https://www.theperfectworkout.com/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Caio Campello, a member of The Transition Strategists team. As an attorney, arbitrator, mediator, negotiator, strategist, and business transition guide (yes, he wears all of these hats!), Caio has worked with families and businesses to resolve disputes and find equitable solutions that benefit all parties. In this episode, Elizabeth and Caio discuss the challenges and opportunities related to the succession planning process, the importance of a trusted advisor in facilitating communication between the owner and successor in a family business transition, and the shift in mindset for business owners transitioning to a new generation of leaders, from taking full control to trusting the process and building trust in the successor. Thanks to Caio Campello for being on the show. Check with Caio on LinkedIn: https://www.linkedin.com/in/caio-campello-de-menezes/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Doug Johnson. Doug is the Denver chair of TIGER 21. Throughout his career, he’s been a stockbroker, he’s worked on public and private partnerships, he’s worked with the Department, and he has introduced a socially responsible investment firm to his community. In this episode, Elizabeth and Doug discuss the importance of communities thriving forward, particularly in the context of family businesses. They also explore the challenges of knowledge transfer in family businesses, highlighting the need for a well-thought-out plan to pass on not just financial wealth but also the wisdom and experience crucial for success. They also touch on topics such as generational wealth transfer, the value of a long runway for succession planning, and the delicate balance between maintaining traditions and allowing for innovation in business. Doug Johnson on LinkedIn: https://www.linkedin.com/in/dougwjohnson/ Learn about TIGER21, a global peer membership organization for ultra-high-net-worth entrepreneurs, investors, and executives: https://tiger21.com/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by James Iacino, the former owner, Chairman, & CEO of the Seattle Fish Company James shares how his family got started in the seafood business in the early 1900s, including how his grandpa as a teenager pushed a cart around Denver selling oysters that had been trained in from Seattle. James and Elizabeth also dive into the pressure of being a successor in a family business and the challenges James faced balancing his vision with his company’s established path. Connect with James Iacino on LinkedIn: https://www.linkedin.com/in/jamesiacino/ Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/ Facebook: https://www.facebook.com/thetransitionstrategists Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: Spotify: https://spoti.fi/3MxSYA2 Apple Podcasts: https://apple.co/3IhMMux Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Jay Rollins, one of the top real estate people in our country. Over twelve years, he built and then sold a commercial real estate finance company, JCR Capital.   In this episode, Elizabeth and Jay discuss the importance of having a clear timeline for your career, especially as you get older and closer to retirement. They also explore the need to make the most of our limited time left and to prioritize our passions and goals, rather than simply continuing to work for the sake of it. They also talk about how passing on knowledge and experience to successors is key to a successful business transition. Connect with Jay on LinkedIn: https://www.linkedin.com/in/jaynrollins/  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv  This episode was produced by Story On Media & Marketing: https://www.successwithstories.com. 
In this episode, host Elizabeth Ledoux explores her role as a business transition guide. Part consultant, part advisor, Elizabeth works with business owners and wealth creators to figure out the best options for transferring their assets.  Elizabeth and her team at The Transition Strategists often start the process with learning about their client’s values. From there, they explore what the client wants for their future, and how they want their assets—be it their estate and/or their business—to transition to other people. All of this feeds into what Elizabeth calls a roadmap, which is a way for her clients to visualize and attain their financial goals.  Connect with Elizabeth Ledoux and The Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is once again joined by Marcy McNeal, a strategist, transition guide, teacher, and coach at The Transition Strategists.  Elizabeth and Marcy explore various aspects of how social and emotional intelligence pertains to business transitions. Social and emotional intelligence involves more than just self-awareness; it's about accurate self-assessment and understanding how your behavior affects others. To understand the underlying reasons for your emotions and be mindful of how your behavior impacts others, it’s important to seek feedback from colleagues and team members. Social and emotional intelligence plays a vital role in business transitions. For those leaving a role, being aware of the impact on others and fostering transparency and open communication are crucial. Those stepping into new roles must be adaptable, open to coaching, and mindful of building trust with existing team members. Connect with Marcy McNeal on LinkedIn: https://www.linkedin.com/in/marcy-mcneal/  Read Marcy’s profile: https://transitionstrategists.com/our-team/marcy-mcneal/  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv  This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Brannon Fisher, Principal at Simon Quick Advisors, a multi-family office wealth management firm. Responsible for new business development at Simon Quick, Brannon provides wealth management and investment consulting services to clients.  In this episode, Brandon shares his unconventional journey from being a high school English teacher to becoming a certified financial planner, and how he helps families navigate the complexities of wealth management and business transition. Elizabeth and Brannan also discuss the significance of setting clear financial goals and strategies, navigating family dynamics and legacy wealth, and the emotional challenges faced by business owners post-sale. Visit the Simon Quick Advisors website: https://simonquickadvisors.com/  Brannon Fisher on LinkedIn: https://www.linkedin.com/in/brannon-fisher-cfp%C2%AE-b45a2b2/  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv  This episode was produced by Story On Media & Marketing: https://www.successwithstories.com. 
In this episode, host Elizabeth Ledoux is joined by Tom Kirk, an entrepreneur who formed his first company at 27 and has since started or bought several companies, including FirstWave Financial.   In this episode, Elizabeth and Tom discuss how he got into financial planning and investment advice, his open heart surgery and triple bypass, starting FirstWave Financial, and the importance of understanding what you want with a business transition.  They also discuss Laura Chiesman, the president of FirstWave Financial and co-author (with Elizabeth) of “It’s A Journey – The MUST-HAVE Roadmap to Successful Succession Planning,” which you can learn more about at https://transitionstrategists.com/books/  Tom is a Personal Financial Specialist (PFS), which is a certification for Certified Practicing Accountants (CPAs).  Learn more about Tom on FirstWave Financial’s website: https://firstwavefinancial.com/team-members/tom-kirk/  Connect with Tom on LinkedIn: https://www.linkedin.com/in/thomaslkirk  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv  This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Eric Lake, a Managing Tax Partner at Holben Hay Lake Balzer CPAs, an accounting and consultancy firm that is a division of SingerLewak.  In this episode, Elizabeth and Eric discuss various strategies for business owners navigating business transitions and ensuring tax efficiency. Eric shares his insights as a tax professional, highlighting key considerations when transferring ownership from one generation to the next. They explore the importance of planning, tax implications of different sale methods, and creating a sustainable wealth-building plan for successors. Be sure to listen to this episode to learn from Eric’s expertise in tax consulting and planning, evaluation and financial modeling of possible business ventures, and tax compliance.  Connect with Eric Lake:  Website: https://singerlewak.com/employee/eric-lake/  Eric on LinkedIn: https://www.linkedin.com/in/eric-lake-46618524/  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv  This episode was produced by Story On Media & Marketing: https://www.successwithstories.com. 
In this episode, host Elizabeth Ledoux is joined by Ned Minor, a transaction attorney in the field of mergers and acquisitions that has generated more than $3 billion in total purchase/sales consideration for clients. Ned has also written extensively on the topic of entrepreneurs exiting their companies.  In this episode, Elizabeth and Ned discuss the value of businesses and the importance of planning for exit strategies. They emphasize the need for business owners to understand the worth of their businesses and how to transition them into the hands of others.  Ned also emphasizes the importance of involving key employees and family members in the decision-making process. Perhaps msot importantly, Ned urges business owners to start visualizing their lives after the sale, with financial security and a sense of fulfillment. Connect with Ned Minor:  Website: https://www.minorbrown.com/  Ned on LinkedIn: https://www.linkedin.com/in/nedminor/  Ned's book, Deciding to Sell the Key to Wealth and Freedom: https://www.amazon.com/dp/0965573192  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman's latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv  This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Doug Damon, who is currently the Chairman of Damon Industries. Doug bought this business from his dad in 1979 and built it up over the decades. In recent years, he transitioned the ownership and management of Damon Industries to his children.  In this episode, Elizabeth and Doug discuss the following question (which many owners who are planning to pass their business onto the two or three kids hear): “Who’s going to be the CEO?” Doug also dives into his personal views on the importance of succession planning and coaching. They also explore what worked and what didn’t work with Doug’s real-life example of transitioning his company to children.  Visit the website for Damon Industries: http://damonq.com/  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv  This episode was produced by Story On Media & Marketing: https://www.successwithstories.com. 
In this episode, host Elizabeth Ledoux is joined by Dawn Abbott who after decades as a business owner of an event and party rentals company became a professional EOS implementer and successfully transitioned into coaching.  In this episode, Elizabeth and Dawn talk about the importance of financial planning, building successful businesses, and transitioning out of them. They also explore the impact of mismanagement and failed financial planning in businesses, the benefits of the Entrepreneurial Operating System (EOS) for business owners, and the importance of looking at the positives and celebrating successes rather than overfocusing on gaps and challenges.  Connect with Dawn Abbott:  Learn more about Dawn’s coaching consultancy, Abbott Coaching: https://abbottcoach.com/  Learn more about how to plan a fun, stress-free event for people over 25 years old by visiting Dawn’s Fun Productions website: https://funproductions.com/   Dawn on LinkedIn: https://www.linkedin.com/in/dawnabbott  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, host Elizabeth Ledoux is joined by Steve Denny, a co-founder of Innovative Business Advisors. Steve is actively engaged in merger acquisition activities in all kinds of industries. He’s also developed some tools that business owners can use to grow their profitability and enterprise value. In this episode, Elizabeth and Steve discuss the importance of preparing for your transition and building a team that can take over your business operations. Steve shares information about the books he's written on buying and selling businesses. He also emphasizes the need for business owners to have a plan and a bigger purpose in life to fulfill before transitioning out of their business.  Connect with Steve Denny and Innovative Business Advisors:  Website: https://www.linkedin.com/in/steven-denny-iba/  Steve on LinkedIn: https://www.linkedin.com/in/steven-denny-iba/  Steve is the author of “You Don't Know What You Don't Know: A Step-by-Step Guide for Getting the Most from the Sale of Your Business” and “You Don't Know What You Don't Know: Building a Million-Dollar Home Staging Business and Selling It for Top Dollar.” Get Steve’s books on Amazon: https://www.amazon.com/stores/Steven-Denny/author/B08ZH72S8J  Connect with Elizabeth Ledoux and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/  Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/  Subscribe to “The Business Transition Roadmap with Elizabeth Ledoux” on your favorite podcast player:  Spotify: https://spoti.fi/3MxSYA2  Apple Podcasts: https://apple.co/3IhMMux  Google Podcasts: https://bit.ly/BTR-Google-Podcasts  Get Elizabeth Ledoux and Laura Chiesman latest book, “It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning”: https://amzn.to/3oq2LQv This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
In this episode, Elizabeth is joined by Debbie Davis, one of the lead transition guides at the Transition Strategists. She’s here to talk about leadership, and how the role of a leader shifts and changes throughout a transition. Business leaders go from running and operating their businesses to becoming a mentor to a successor who will take over their roles, and all of their skills and experience as a leader make a huge shift during the process.  You’ll get Debbie’s insight on the leadership skills needed to successfully transition out of a company, as well as the leadership skills a successor needs to take over. She’ll share some amazing success stories from past clients whose leadership abilities led to a successful transition. Connect with Debbie:  LinkedIn: https://www.linkedin.com/in/changeagent-coach-facilitator-deborah-davis-ms-pcc/  Connect with Elizabeth and the Transition Strategists: Website: https://transitionstrategists.com/  Facebook: https://www.facebook.com/thetransitionstrategists  LinkedIn: https://www.linkedin.com/company/transitionstrategists/ This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
loading
Comments 
Download from Google Play
Download from App Store