What Happens When You’re Not Ready, Lisa Holly Guest Host?

One of the areas of small business coaching where we’ve specialized over the past two decades plus has to do with transitioning the business from one generation to the next.  As you might imagine, over that time we’ve come across just about every scenario you can imagine.  The one that people seem to fear most is when the current business owner dies while still running the business.  So the question for today is, “What happens when you’re not ready?”

Thankful for Jack

You might have noticed that it’s been a few weeks since we’ve dropped a podcast.  It’s the first time in nearly 8 years of recording Dirty Secrets of Small Business that we’ve missed a week. We have some sad news to report.  My business partner of over 20 years in Maximum Value Partners, and my co-host for nearly 8 years on Dirty Secrets of Small business has passed away. 

Is It Good For The Boss To Be Around?

With all the battles going on to get workers back in the office, we started to think of the good old days when folks would complain that the boss is never around or the opposite, they never leave!  But our question today is bigger than that.  Is it good for the boss to be around?  What kind of message does it deliver if the boss is around too much or not enough?

How Do I Put My Stamp On The Company

One of the great things about buying vs. starting a company is that when you buy a business you have some history and some things established.  Things like customers, vendors, and employees.  When starting out you have to build everything from scratch.  As you might imagine, when you’re building something from scratch it’s easy to put your stamp on the company.  But how do you do that with a company you just bought?  What if it’s one your family started?  How do you honor what they’ve built but still put your own stamp on the company?

I Did It My Way, Phil Billick of Valley Ridge Farms

Today we were joined on the show by business owner Phil Billick of Valley Ridge Farms.  Phil was one of MVP’s earliest coaching clients with a prior company he started and he is also Jack’s nephew!  During the show today Phil shared his story of not only starting, growing, and then eventually selling one business, but also how he’s been involved in starting several more including his 800 acre farm in southeast Ohio.

How Do I Decide If I Should Stay Or Go After Selling My Business?

The good news is you’ve gotten that offer you can’t refuse and you are going to sell your company.  Now the question is what do you do next?  Do you stay on with your company after the acquisition?  Do you ride off into the sunset?  Do you start another company?  So many choices and so little time.

When Is The Best Time To Find And Pursue New Opportunities?

How many times have you uttered the phrase, “I don’t have time!”?  If you’re like most of us, it’s likely been hundreds or even thousands of time…just this year!  Way too many small business owners utter that same phrase when we talk with them about exploring new opportunities.

How Do I Know When To Jump In To Save My Spouse From Drowning?

One of the things we talk about often when it comes to business partners is the timing of difficult discussions.  This is especially important when those business partners are also life partners because you’re going to be seeing this person after work as well.  The last thing you want to do is let things that happened at work impact what happens at home.  But hey, we’re all human.  And sometimes our emotions and best intentions can get in the way.

Bird In The Hand: Ben Ihde of Wild Birds Unlimited

Today we were joined on the show by business owner Ben Ihde of Wild Birds Unlimited. Ben was a coaching client of MVP for several years and is a repeat guest on Dirty Secrets of Small Business (see link below for his February 14, 2019 appearance).  During the show today Ben shared with us what’s been going on since we last heard from him.