285 – Gracefully Exit – Your Options

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We don’t want chaotic turnovers; we want smooth transitions when it comes to an exit. Most business owners dream of it but don’t see the need to plan today, which is not the wisest thing to do. Whether an exit for you means selling your business or staying as the owner but having someone manage it for you, a graceful exit is possible. 

In today’s podcast episode, the third and final of the Exit Strategy vs. Wishful Hoping series, Danielle Putnam and I discuss how to go about a graceful exit. We also discuss the importance of identifying your time’s highest use and why it is crucial to delegate some of it. We also tackle the importance of technology and a lot more. 

Take time to listen to this episode today!

What’s Discussed in This Episode:

0:00 Offer and Introduction 

1:52 Recap of the previous episodes

3:16  How to gracefully exit 

7:34 Identifying the highest use of your time 

9:46 Work with the end in mind

10:00 Having the right people on your team 

12:23 Being honest 

13:40 Offloading tasks to other people 

14:23 Technology is crucial 

15:18 Exit from other stuff to focus on what’s valuable 

15:28 Delegate and free up your time

About the Guest:

Danielle Putnam is the president of The New Flat Rate, a company that she and her father founded in 2011. She is also the immediate past President of Women in HVACR, an organisation that encourages more women to enter the trades. 

Resources: 

 

Connect with me on LinkedIn. For more podcast episodes, you may also visit my website. You can listen from your mobile device right now. 🎧 🎧  Click here 🎧 🎧

Thank you for tuning in! 

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The Site Shed is one of the best online communities and podcasts for tradies out there. The free content provided to members is unbelievable - offering invaluable advice to run a successful business, and the community of tradies is truly awesome. Do yourself a favour and check it out.

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Great work Matt with all the podcasts and the site shed facebook community group. The amount of information that you can learn for free in this space is unbelieveable. It's great to see like minded contractors and trades trying to improve their businesses and also share ideas and help others. Highly recommend. Thanks!

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I have been listening to the pod casts for a few months now, I can't get enough of all the awesome content that you guys provide. Especially when you guys deliver it from a trade perspective which helps out a lot. Keep up the good work and hopefully one day I can afford one of the trade training trips.

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I own a construction company,and i love learning how to make my bussiness more competitive,profitable and how to better serve my clients. The site shed is a wonderful place to get invaluable knowledge no matter your trade .

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