Each month, we provide key insights, resources and tips for building a better business.

Not every business owner plans for their exit. To be sure, sudden changes in health are something that you can’t plan on, but often, business owners make the decision to leave their businesses quickly for other reasons.
 
  • The CEO’s best friend died of a heart attack over the weekend, and the CEO arrived at the office Monday, announcing to everyone that he was retiring, and he’d select his replacement by the end of the week.
 
  •  A business owner moved to Florida to start planning the next phase of his life. With the general election going to the Democrats, he made the decision that he needed to sell his company in the coming months to avoid upcoming changes in the capital gains tax.
 
  • A couple who owned a pair of companies had been thinking about selling their businesses in a few years. With the business changes forced by the pandemic, they decided to sell their business now, rather than wait. 
 
All of these scenarios have one thing in common... Keep Reading >>>

The Best Fatherly Advice I've Ever Received
Collection of Advice from our Network of Dads and people who have dads. ;)

We reached out to our team, our connections on LinkedIn and our families to ask them to share some fatherly advice. It could be from their dad, advice they gave as a dad or - most memorable,
Sel is best described as analytical and metric oriented, strong communicator. He brings his 25+ years of financial leadership as a senior-level operations executive for small to mid-market enterprises experience to your company. Experienced in end-to-end financial management with a progressive track record of achievement in strategic planning, project management, cashflow forecasting and working capital management.  Additionally, Sel has been studying the emerging blockchain technology landscape and combining this knowledge with his experience.
We’ve all heard about self-fulfilling prophecies. “If you believe something is going to happen, subconsciously you will make sure that it does.” There are many examples of this in our own day to day experiences, and additionally in psychological tests that have been part of studies over the years. 
 
There are two questions that come to mind:
1.    How do I make these things actually happen?
2.    If we really can, why don’t more people do it?
 
Probably because people don’t think that it’s true. Things don’t happen just because you want them to. But it does work. Subconsciously, if you believe something is going to work, your brain will work overtime to make sure everything contributing to the upcoming success happens. You will work harder to understand what needs to happen to accomplish your goal. You will do a better job of convincing your team that this is going to be a successful venture. When you hit a stumbling block, you won’t consider it Game Over. Instead, you’ll come up with alternatives you need to get over the finish line.
 
It’s not just wanting the future to occur, you need to believe that it will occur. Then you will expend the energy to make it happen. What is it that you want to accomplish this year? Did you think that COVID prevented you from finishing it? Don’t believe it for a minute. Many business owners have told me that last year they – unbelievably – have been busier, found new sources of revenue that they didn’t expect, did more with less staff, found resources that they couldn’t find before. 
 
It’s out there, and it’s not wishful thinking. You still have the drive and imagination that you used to start your business. Use it to get yourself over that next hurdle and into the winner’s circle. Nobody on your team is going to believe it’s possible, or find the way to get it done, unless you believe it. Make it happen!