The way to Transition to Worker Possession with Sarah Durham » Succeed As Your Personal Boss
Sarah Durham is an entrepreneur and artistic advisor obsessed with serving to entrepreneurs. She based Huge Duck in 1994 to assist nonprofits improve their visibility, elevate cash, and talk extra successfully. Now, she serves on its board of administrators after promoting the enterprise to her staff in 2021. Sarah now supplies teaching to entrepreneurs, nonprofit leaders, and ladies in management roles by her agency Compton Durham. For extra info, you possibly can go to comptondurham.com.
In case you are fascinated about exit planning from your online business, I’ve an incredible knowledgeable who will communicate to you about how she transitioned out of her enterprise, and it’s in all probability not what you’ll suppose. As we discuss with Sarah Durham as we speak, we talk about two completely different transitions Sarah created from her personal firms, together with an employee-ownership mannequin with Huge Duck. She shares her knowledge on proprietor transitions, so pay attention in to an awesome episode for any chief.
“As we have been transitioning to a spot the place I used to be separating from the enterprise, I actually needed to observe letting go, and I actually needed to cease being central to conversations with a view to make area for my colleagues to observe entering into these choices.” – Sarah Durham
Hearken to the podcast beneath:
This week on SmallBizChat Podcast:
- Transitioning to an employee-owned enterprise.
- Planning your exit technique earlier than you’re able to transition.
- Worker possession for small companies.
- Kinds of employee-owned organizations.
- Sarah’s work as a coach with different firms transitioning.
- Working and rising your online business to be saleable.
- Difficulties of transitioning to worker possession.
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