Exit Rich - is that your exit plan? Most business owners have a vague idea about an exit from the company on their terms. An exit at the right time, with the right amount of financial security. Right! Michelle Seiler Tucker has spent the past 20 years building, buying and selling businesses. Her new book, Exit Rich, equips you to bring those vague ideas into reality by taking the first steps today. Michelle and co-author, Sharon Lechter, give you the tools to navigate this all important transition - on your terms.

Many family businesses come to a place and time where the decision is made to sell the family business. While many families would prefer to pass the business on for generations to come, sometimes that isn’t possible for unforeseen reasons. I recommend to all business owners that they actively plan for the sale of their business - regardless of their ideal exit. Why? Because it is always great and empowering to have options when you are ready to exit. For some owners, taking this seriously will allow them to reverse engineer a viable asset instead of merely a job from the business they’ve worked so hard to create. My guest today, Michelle Seiler Tucker of Seiler Tucker Inc. and author of Exit Rich, has had 20 years of experience buying, selling and growing viable businesses.

Have you forgotten what it felt like to start your business? I’ve lost count of the number of business owners who have said, “If I had had any idea how hard it would be to get this business where it is today, I’m not sure I would’ve done it.” Business owners usually nod their heads at this. Yes, it was hard. But, you learned a lot. Many of the lessons learned at that point in the business get lost or forgotten as the company grows. We’ve talked about innovation and disruption as well as pivots this year. The pandemic emphasized the importance of scenario planning and contingency plans. A number of businesses have gotten really creative and changed the way they do business. How do mature businesses reconnect with that entrepreneurial spirit to reinvent the product, product delivery or the business model to compete in this marketplace? My guest today is Mavis Tang of Sounde. Mavis and her co-founders have brought a new product to an old market. I believe in their mission, vision and value proposition. I invite you to listen to the path Sounde took, and let the possibilities for the future wash over you as you reimagine the business you lead

This show gives you, the Owner/Founder Executive the chance to see how somebody else did it - innovate within an established market. Jay Carpenter and his co-founder, Alexis Carpenter, had a need, which led to an idea that took them to starting Handley Watches. Jay shares the journey. He gives us his “WHY”. He told us what he didn’t know and had to find out. Jay will let us in on how they did it - from day one. Handley Watches gives us a blend of the old and the new, so that we can move, work and play without the weight of connection dragging us down and back.