Time to Sell Your Business? An ESOP May Be the Answer

Strategy Driven

However, owners often assume that an exit will be as simple as selling the company. Because large exit sales are often in the news. While you’re not getting the Silicon Valley exit multiples of 4-6x revenue, it is realistic to exit at 0.5-1X revenue when sold to a third party.

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Early Exits - CEO Blog - Time Leadership

CEO Blog

CEO Blog - Time Leadership Monday, November 15, 2010 Early Exits Angel investors and VCs all like to sell one of their portfolio companies. This is called the exit. Basil Peters, a famous angel investor wrote a book Early Exits - Exit Strategies for Entrepreneurs and Angel Investors (and maybe not VCs). I have heard VCs say they would rather lose all their money trying than exit for a modest profit. And I love the $100M exits.

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How to Make Sure You Leave on a High Note!

Marshall Goldsmith

Following is an excerpt from our interview in which I explain what I’ve learned from Dan about a concept that he taught me called the “exit strategy”. You’ve taught me a lot about this concept – it’s called developing an “exit strategy”, and I think it applies to life.

How to Save Yourself from a Job You Hate!

Marshall Goldsmith

This client is a venture capitalist, and before he commits to any new project, opportunity, or job, he decides on an exit strategy. I now think of an exit strategy before I commit. I plan an exit strategy before I say yes. Saying no is difficult for me.

Amazon Announces “Pay to Quit” Program for Employees

leaderCommunicator

Organizations make significant investments in training new employees - building their understanding of strategy, culture and priorities. Yet, after efforts at engagement have been exhausted, a win-win exit strategy, such as the one employed by Amazon and others, can be a positive solution to a potentially negative situation. What do you think of the $5,000 exit strategy?

How to Be Successful in a Toxic Culture

Lead from Within

Formulate an exit strategy. If you’re working in a toxic organizational culture, you already know what a struggle it can be to succeed—or even survive. You’re far from alone—many people find themselves doing a job they love in a workplace they hate.

Top 10 Clear Signs It’s Time To Quit Your Job.

Rich Gee Group

Start planning your exit strategy. I answered this question on the website Quora a few weeks ago.

Investing in Mortgage Foreclosures

Strategy Driven

Foreclosure investment is a strategy that requires a level diligence. For investors to succeed in the foreclosure (FCL) market, they should study over time the strategies and tactics adopted by other successful investors. Investment Strategies. Acquisition Strategies.

From OK To Extraordinary: How To Find The Elusive “It”

Terry Starbucker

There were no numbers, no statistics, no bullet points, and no exit strategies. “They just don’t have it. ” “ It’s not there.” ” “I can’t find it. ” “I’ve got it!” ” “He’s got it!”

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Starting a Business? Plan Your Exit Now

Strategy Driven

With the explosion of startups in Silicon Valley, the idea of a flashy and lucrative business exit isn’t anything new. An exit is the word people use to describe how founders (and any investors they may have) leave a business when it’s sold. An exit may not have a Hollywood ending.

Just for Entrepreneurs: How to Choose the Right Financial Adviser

Strategy Driven

In addition, he or she should be skilled and confident in connecting your business growth with integrated and holistic wealth management that includes tax, financial and investment strategies. Was it just to have an exit strategy sale?

Find the Unicorns to Help Your Business Excel

Skip Prichard

In Elephants Before Unicorns: Emotionally Intelligent HR Strategies To Save Your Company , I describe elephants – you know, the elephants in the room that no-one talks about – that are hurting your ability to hire and retain your best people – the unicorns.

Believe It Or Not: 7 Leadership Lessons From Robert Ripley

Joseph Lalonde

If not, begin planning your exit strategy and the future course of the organization. R obert L. Ripley was an extremely interesting man. Through many challenges in his life, Ripley created the Believe It Or Not! brand that’s become world famous.

Not Just a Job: Seeing (and Accepting) The Higher Calling of Leadership

Terry Starbucker

Look at that way, beyond the position itself, and there will be a reward for you that goes well beyond the paychecks, bonuses, stock options, and exit strategies. I remember the first time I became a leader.

5 Clues That You Are Ready To Leave Your Corporate Job & Work From Home

Women on Business

If you can check of more than one item on the list above, you most likely have been thinking of leaving but have not yet taken the steps towards your exit strategy. Career Development Work-Home Life leave corporate leave corporate job start working from home strategies to leave your job wrok from home

Walking Away from the Big Bucks in the Pursuit of True Balance.

Women on Business

This awareness helped cement my corporate world exit strategy. Toward the end of 2005, I started preparing my exit strategy.

7 Things You Should Consider When Choosing a Cloud Solution

Strategy Driven

An Exit Strategy. Cloud technology is expanding rapidly because of its many benefits. However, not all cloud solution providers are the same. Yet there are many cloud service providers offering themselves as the solution to your business’ needs.

Leadership Lessons for Accidental Bosses

Coaching Tip

So, what was my exit strategy? By Guest Author Hank Gilman. The most common question I’ve been getting during interviews for “ You Can’t Fire Everyone ” is why I even wrote the book in the first place. Not a bad question. Who needs another management book?

Love and Warren Buffett

Steve Farber

But as Buffett goes on to say in the interview, if the CEO loves money more than the company he or she runs, business becomes all about the exit strategy, not the building of something lasting and significant. I know we’re only 5 days into 2011, but this just might end up being my favorite quote of the year.

33 Rapid-Fire Thoughts On Meetings

Tim Milburn

Exit strategy 101 — If you’re meeting one-on-one with someone else, meet in their office. I have a confession to make…I don’t like meetings meaningless-gatherings-where-nothing-is-accomplished-but-someone-had-an-hour-to-kill. I realize I’m not alone.

8 Ways to Finish a Ministry Job Well

Ron Edmondson

I do believe, however, the way one exits a position says a lot about their leadership as they enter something new. Being strategic-minded as I am, I have always had an exit strategy. Everyone loves a happy ending.

How To Finish Strong And Not Finish Wrong [Part 2]

Tim Milburn

As you plan your exit strategy from your student leadership position (and I recommend you create one), here are some of the reasons you should aim for a strong finish.

One Signature Piece of My Ministry

Ron Edmondson

Of course, I agreed, so he began to talk about my exiting strategy. One signature of my ministry, as a pastor, has been how approachable I appear on Sunday. I’m not saying that to brag. You need to keep reading before you make that assessment.

Love and Warren Buffett

Steve Farber

But as Buffett goes on to say in the interview, if the CEO loves money more than the company he or she runs, business becomes all about the exit strategy, not the building of something lasting and significant. I know we’re only 5 days into 2011, but this just might end up being my favorite quote of the year.

5 Suggestions When Firing Someone in Ministry

Ron Edmondson

This could be financial, but it could also be in the way you allow an exit to take place. Grace should also be extended in creating an exit strategy which protects the person’s future employment possibilities, as much as possible.

Strategic Humor: Cartoons from the April 2016 Issue

Harvard Business Review

Here’s the winning caption: “This is your worst exit strategy yet.” Enjoy these cartoons from the April issue of HBR, and test your management wit in the HBR Caption Contest.

5 Suggestions When Firing Someone in Ministry

Ron Edmondson

This could be financial, but it could also be in the way you allow an exit to take place. Grace should also be extended in creating an exit strategy that protects the person’s future employment possibilities, as much as possible.

Thoughts on Firing People in Ministry – And Some Objections to Doing So

Ron Edmondson

And we should be gracious and generous in the exit strategy, and be willing to walk with the person through the recovery process as much as is reasonable and welcomed by the released person. This is a difficult post – about a difficult issue.

Thoughts on Firing People in Ministry

Ron Edmondson

And we should be gracious and generous in the exit strategy, and be willing to walk with the person through the recovery process as much as is reasonable and welcomed by the released person. This is a difficult post. About a difficult issue.

Yahoo’s Carol Bartz: Lessons in burning bridges

Roundtable Talk

But is this a realistic exit strategy for most of us? With a strong track record, most successful people can bounce back and Bartz’ exit behaviour is pretty consistent with her behaviour when she was CEO, so her reputation is pretty well known.

8 Ways to Finish a Job Well

Ron Edmondson

I do believe, however, that the way one exits a position says a lot about their leadership as they enter something new. Being strategic-minded as I am, I do have an exit strategy. I guess this part of the strategy is working. Everyone loves a happy ending.

If You're Out to Change the World, How Do You Know When to Move On?

Harvard Business Review

A certain phrase has gained currency in my world lately: the notion that a social enterprise must have an "exit strategy." At least in my corner of the social enterprise world (the part that focuses on communities'' access to good water), I have yet to see a successful, strategic exit.

20 New Words Every Leader Should Know

Eric Jacobson

Big Media -- Primary mass communications sources, e.g. TV and the press Exit Strategy -- Planned means of extricating oneself from a situation Flash Mob -- Brief gathering for a common purpose, announced by e-mail or text Flyover States -- Central regions of the U.S.

Why Tech Entrepreneurs in Developing Countries Struggle to Raise Funds

Harvard Business Review

But there was one problem: my business plan had no exit strategy. They all asked exit strategy questions and my answer, naively, was that we would grow revenue and share profits! I learned a valuable lesson: Entrepreneurs need to have plans in place for investors to exit, especially in developing countries. But for entrepreneurs in developing nations, especially Africa, the exit strategy can be a challenge.

Turn Yourself Into a Star Sales Leader

Harvard Business Review

Have an exit strategy. To avoid that, you need to have an exit strategy at the outset. You are a star salesperson. And after years of exceptional performance, you''ve just become the sales leader. How can you translate star sales performance into star sales leadership?

Morning Advantage: How to Take More Risks

Harvard Business Review

EXIT STAGE LEFT. When leaving a job — whether for an internal promotion or a new organization — a poor exit strategy can come back to haunt you. When companies lack a clear stance on when and how to take risks, managers often don't take enough of them, routinely making safe investment choices over ones with higher potential.

A simple cure for the Buzzword Bingo | Rajesh Setty

Rajesh Setty

The product was conceived in one of those Barcamps where we were discussing Blue Ocean Strategy and suddenly one of them suggested that with a little bit of knowledge arbitrage from the trucking industry, we could enable a product that will take advantage of the “ wisdom of the crowds &# and also capitalize on the “ long tail &# phenomenon. We will pursue a global channel strategy after we complete our I18N project. HELLO THERE AND WELCOME.

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Nurture Entrepreneurs in Africa

Harvard Business Review

Investors cannot put money into most ideas because the exit strategy is limited. Thinking how to exit at the beginning is very important. In the last few months, the number of entrepreneurship workshops and trainings in Africa has increased. Entrepreneurship has become the next big thing in the continent and many young graduates are opting to take risks and run startups rather than seek traditional employment.

Permission to Fail

Harvard Business Review

On the basis of both estimates, the risk is either rejected, or approved with a specific sizing algorithm, monitoring plan and exit strategy.

Avoiding the Soft "Yes"

Harvard Business Review

The project team had spent the past six months designing a new strategy to accelerate growth in a critical emerging market for a multibillion-dollar multinational. This happens when executives get jazzed about a broad innovation strategy, nod their head vigorously in support of it, but stop short of committing real, tangible resources, however modest. Consider creating an exit strategy in case things don''t go according to plan.

Give Impact Investing Time and Space to Develop

Harvard Business Review

This is a nascent sector where entrepreneurs and investors are still figuring out business models, developing new financial products, and proving exit strategies and exit multiples, and only a handful of players are using agreed-upon metrics for assessing social impact.

When Fighting with Your Boss, Protect Yourself First

Harvard Business Review

So, if you must fight, be sure you have a strategy to protect yourself from the fallout. You also probably want an “exit strategy” to get out of the conflict. Have you ever felt like your boss is out to get you? Maybe you’re paranoid. But then again, maybe not. There are a lot of bad bosses out there, leaders who aren’t stupid but lack emotional intelligence.

It Is Time to Fix Our Boardrooms

Harvard Business Review

All of this further erodes confidence in the companies as a whole: investors and customers alike begin to think about exit strategies as they no longer see boards looking after their companies in ways that takes account of stakeholder interests. Board chairs need to demonstrate true leadership ability and directors need to redouble their commitment to developing a focused vision and a credible strategy for its realization. As board members we are living in interesting times.