In this episode, Richard Walsh engages with Pete Mohr to explore his entrepreneurial journey and the importance of aligning business with personal goals. They address overcoming owner challenges and developing effective exit strategies, focusing on business valuation and high-value activities. The discussion covers preparing for unexpected business exits and key tax strategy considerations when selling a business. Pete shares insights into navigating family dynamics in succession planning and the role of external advisors. They also highlight the Value Builder Assessment, team alignment, and enhancing decision-making through structured meetings, providing a comprehensive guide for entrepreneurs aiming for a seamless business transition.

(0:00) Introduction and Pete Moore's Entrepreneurial Journey

(2:28) Aligning Business with Personal Goals and Overcoming Owner Challenges

(7:10) Developing an Effective Exit Strategy

(10:17) Business Valuation and High-Value Activities

(15:37) Preparing for Unexpected Business Exits

(18:51) Selling a Business and Tax Strategy Considerations

(23:28) Navigating Family Dynamics in Succession Planning

(27:33) The Role of External Advisors in Business

(29:16) Value Builder Assessment and Team Alignment

(33:09) Enhancing Team Decision-Making and Meeting Structures

(34:52) Sponsor: [Sponsor Name]