“Beginning with the end in mind will normally give clarity of thought and allow for prudent decision making that will have long-term, lasting, positive effects on your business.”
“The rate varies by industry, but on average, 75% of start ups will fail by the 10th year of operations. With these high-powered individuals at the helm, why do so many start ups fail? More importantly, what can you do to avoid the high probability of becoming startup “road kill”?”
Profit growth, business improvement, sales
Since a typical business owner’s net worth is usually tied up mostly in his/her closely-held business, it stands to reason that the exit event should be carefully considered and preferably crafted by experienced professionals so the business owner can achieve their exit goals.
“You work very hard in your business and you should end up keeping at least 10% of what you sell as profit. Who wants to work as hard as you do and keep less than 10%?”