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Culture of Leadership: Is Your Business Transition Ready?
Manage episode 353902911 series 3317149
Το περιεχόμενο παρέχεται από το Bob Bedritis. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Bob Bedritis ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
There are countless items that business owners should be evaluating when they are approaching the sale, or even a transition of any kind, of their business! However, there is a key, initial question they should be asking themselves: Is my business transition ready?
On the latest episode of Lessons by the Lake, we welcome Chris Smith, Founder of Campfire Effect, for a deep dive into this very question. Oftentimes, in order for your business to truly be ready for a transition, your business needs to have a culture of leadership that flows throughout it.
We explore what this culture of leadership looks like and how it can be attained!
Timecodes:
0:06 - Introduction and overview on the topic of the day
1:50 - Introducing Chris Smith to the show
4:21 - What is leadership?
10:03 - Chris' backstory and the adversity he faced in his life
15:00 - Growing up in a rodeo family
15:56 - Businesses that are dependent on charismatic leaders
21:51 - What can happen if your transition plan isn't ready to go
25:06 - The four freedoms
29:06 - The regrets associated with selling your business
32:20 - Bob's parents immigrating to America and starting a business
36:12 - How you can get in touch with Chris and Campfire Effect
39:20 - Closing remarks
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