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On the Brink with Andi Simon

Sep 15, 2017

The ninth episode of Ask Andi series—short 15 minute podcasts every Friday where take a question and then offer tools, tips and strategies to help you re-think the issue and tackle it in new ways.

In this episode I discuss:

  • The number of family firms in America and its impact on society and economy
  • How many family firms are without succession plans
  • The importance of planning succession early
  • Why family firms don’t want to think about succession
  • How family firms can start their succession plan with an external coach
  • Things to consider for generational growth
  • The importance of a selection process to choose a successor
  • Why you should reaffirm your succession plan often
  • Current owners working on their business rather than in it to stay involved

Resources Mentioned in This Episode: