Do you think there is someone out there, anywhere in the world, capable of taking the torch of your hand and running with it to the next generation? Are you mentally prepared for that? Is everything in your social enterprise ready for a smooth succession?
Today, I'm excited to talk about my merger experience and share my top 5 tips for business continuity and planning a smooth succession. After a process that took months to be completed, years of planning, and decades of preparation, I share the details of how I manifested this merger, how I decided it was the best moment for it, and how I sorted out the obstacles that got in the way.
At the core of every social enterprise is your social mission, and you must ask yourself: How long can you keep the pace that'll make your actions relevant for the cause you're fighting for?
Tune in and listen to episode 41 of Avant-garde Entrepreneur. You will learn the secrets of a successful merger, why you must plan for it, and how to do it. You will also hear my recommendations about having an intermediary, trusting the process, manifesting your wildest dreams, and more.
In This Episode, You Will Learn:
- What makes you unique in your business (3:00)
- A backstory of how this merger happened (6:10)
- Start now, mergers take time (12:20)
- Why having an intermediary can make the difference (19:00)
- Dream big. Let the divine do its job (23:20)
- Be transparent about your strengths and weaknesses (29:10)
- Be ready and learn to let go (35:30)
Resources:
- Quiz! What's Your Social Entrepreneur Style?
- Avant-garde Entrepreneur Academy Waitlist
- Avant-garde Entrepreneur Podcast - Episode 28 - Getting Your Finances Right with John Geiwitz, Part 2
- Avant-garde Entrepreneur Podcast - Episode 38 - Meet Joseph Peer: A Social Entrepreneur's Journey into Health and Fitness, Part 2
- Avant-garde Entrepreneur Podcast - Episode 30 - Educating Future Difference Makers with Dr. Jim King, Part 1
Let's Connect!
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