Reap The Benefits Of The Best Of Both Generations
by Eric Gilboord from his book 'Just Tell Me More'.

You may be fortunate enough to enjoy the opportunities that come out of a family business but some of the same benefits (experience, familiarity, and loyalty) can be garnered from employees and business associates who have expertise and experiences that are different from yours. 

Lately, there have been many discussions in the media, around the boardroom table and even the dining room table about succession management. This situation occurs when the younger generation begins to take over the reins of a business and the older generation moves toward a less-involved, coaching type of role. 

This is a great article on necessary steps to a great sale of your business. Basically you need to consider the sale of your business as the single most important client you will seek out and close.
Eric Gilboord, A2E

7 Essentials to Sell Your Company at a Premium
by Robert Sher as seen on Forbes.com 

All too many mid-market CEOs sell their companies for far less than what they’d hoped for because they hadn’t prepared for the “exit day.” In my research and experience, I’ve found seven strategies to be essential for executives who some day want to cash in on all the hard work and risks they took.

What do you do when someone lets you down?
Hey, stuff happens and people (associate, employee, supplier, customer, family or friend) can fail to deliver. When they miss a deadline, it's not always their fault. Could be their associate let them down, illness, or just mother nature/the universe messing with you. But did you get a call or email saying there was a problem?

Is it consistent, do they let you down over and over again? Is it something different each time? Maybe they don't care about you or are they driving you away consciously or subconciously? 

In any case you need to find out. In my experience 'If it looks like a duck, and walks like a duck...it's likely a duck.' Yes there are exceptions. Not often though.

Assuming it's a duck, you have two clear choices. 

1. Do nothing, get upset, let them keep disappointing you until you blow up or worse blow up a relationship with them or an innocent third party.
2. Cut them loose. Better for you and better for them.

Because it's NOT ok. 
Something not sitting right with you? Want to talk? Please feel free to call or email.

Eric Gilboord
eric@warrenbdc.com
416-270-2466

Change Yourself, Change the Business

It can be frightening, debilitating or enriching and energizing. One thing we've learned from working with many business founders and owners is that change impacts their lives and the lives of their employees, as much as the company.

Kaizen (改善), Chinese and Japanese for "'continuous improvement". When used in the business sense and applied to the workplace, kaizen refers to activities that continually improve all functions and involve all employees from the CEO to the assembly line workers.

Want to talk about change? Want to make it a positive experience? We're here for you.

Eric Gilboord
eric@warrenbdc.com
416-270-2466