Ready for Next helps business owners achieve a business transition on your terms. Additionally, we provide the knowledge, resources, and insights. As a result, business owners are empowered to plan and execute their exit strategy effectively.
Here’s what’s new:
The Strategic Imperative: Encouraging Business Owners to View Their Ventures Through Investor Eyes
This article highlights the pivotal role of advisors in guiding business owners’ ventures and encourages them to advocate for entrepreneurs to adopt an investor-centric perspective. By encouraging business owners to view their ventures through the eyes of outside investors, advisors facilitate objectivity, long-term value creation and the identification of strengths and weaknesses. Access to capital (if desired), strategic alignment and accountability are also benefits, ultimately positioning businesses for sustained growth and resilience. Ready for Next's “See Your Business Through the Eyes of an Investor” assessment tool is a practical step for owners to gain insights into their ventures' investor appeal, underscoring the advisor's role in helping an owner succeed.
Share with your network.
Check out the archive:
design your life by unlocking leadership mindtraps
For those interested in excelling in complex environments, RFN team member John Lazar recommends Jennifer Garvey Berger’s book, Unlocking Leadership Mindtraps – How to Thrive in Complexity.
At Ready for Next we often discuss VUCA - volatility, uncertainty, complexity and ambiguity. This book challenges us to consider mind traps and how our instincts may be outdated and lead us right into one.
goals! do you have them? are you achieving them?
Your 2022 goals mattered at the beginning of the year. Do they now?
While writing down goals is an important step in achieving them, so is regular review. If it’s been a while since you looked at your 2022 goals, there is no time like now to see how you are doing.
bring back the fools license
What would it look like if you were “pre-forgiven” in your conversations? Would it change your approach? Would it improve conversations?
successfully spanning the curve
Successfully transitioning a family businesses have dismal statistics. Succession planning in families has built-in complications and yet ongoing legacy depends on it.
traction
A pit crew demonstrates teamwork in a unique and very visual way. Ranging from a handful to a couple dozen people with a single purpose. It brings together multiple people with specialized skills and one shared goal.
Learn how your team can achieve similar purpose.
should we keep talking?
This webinar was originally presented through the Exit Planning Institute in April 2022 by Ready for Next team members Sean Hutchinson and Rob Johannigman.
Remember the early days in your career when you went to job interviews and you were so keen on impressing the potential employer that you didn’t stop to think if they were right for you?
New client engagements can sometimes feel the same. You want to impress the owner and are so confident you can bring value to their business that you blow past yellow lights. You head straight to the solution without knowing what all the issues are.
Empowering conversations and good client relationships should be mutually beneficial. You both have a voice in determining if you should engage in working together.
It is important to remember the client is the only one who can decide they have a need for your services. You may be the exact person with the exact right solution at the exact right time, and if the client doesn’t think they have a problem requiring you and your solution, then it doesn’t matter.
