Bruce Eckfeldt is a Strategic Coach and Master Facilitator at Eckfeldt & Associates, where he works with CEOs and leadership teams to scale their businesses. As a former Inc. 500 Founder and CEO, he successfully scaled and sold his business. Bruce focuses on developing leadership skills, optimizing companies for transactions, and navigating mergers and acquisitions.
In this episode…
Many business owners dream of a profitable exit, but few are prepared for the emotional, strategic, and operational complexities that come with selling a company. Beyond valuation, sellers often overlook the personal identity challenges, the intricacies of deal structures, and what life will look like post-exit. So, how can founders approach their business exits in a way that minimizes regret and maximizes future opportunities?
Leadership coach and former tech CEO Bruce Eckfeldt emphasizes the importance of reverse-engineering the exit process to align with long-term personal and professional goals. He advises founders to confront their emotional attachment to their businesses early and to develop networks and interests outside of work. He recommends proactively organizing company information and sharing all potential risks upfront to build buyer trust and streamline transactions. Bruce also highlights the need to carefully evaluate earnouts, deferred payments, and non-compete clauses to ensure the deal supports the seller’s next venture.
In this episode of the Inspired Insider Podcast, Dr. Jeremy Weisz interviews Bruce Eckfeldt, Founder of Eckfeldt & Associates, about planning business exits as a launchpad for future success. Bruce shares why treating exits as springboards leads to more fulfilling outcomes. He also discusses the pitfalls to avoid, how to prepare for post-sale life, and the psychology behind successful transitions.
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