Entries by Paul Wildrick

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9 Warning Signs You’re a Hub-and-Spoke Owner

If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at the top of a traditional Christmas-tree-like organizational chart, or are you stuck in the middle of your business, like a hub in a bicycle wheel?  As anyone who has tried to fly […]

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WHAT YOUR BIRTH CERTIFICATE SAYS ABOUT YOUR EXIT

In our experience, your age has a big effect on your attitude towards your business and how you feel about one day getting out. Here’s what we have found:  Business owners between 25 and 46 years old  Twenty- and thirty-something business owners grew up in an age where job security did not exist. They watched […]

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THE DANGER OF MARKET TIMING THE SALE OF YOUR BUSINESS

The other day I was speaking with a successful CEO in his fifties who runs a heating and air conditioning company generating eight million dollars in revenue and over one million dollars in profit before tax.  Even though he was tired and nearing burnout, he was planning to wait another five to seven years before […]