![128: [LEGACY SERIES] How This Entrepreneur Is Planning His Future Exit and Benefiting From Talking About It, Bill Spohn](https://images.leadconnectorhq.com/image/f_webp/q_80/r_1200/u_https://storage.googleapis.com/msgsndr/EsvkNAAshWTzvHpiqGPx/media/68715d9df85f424447bc14e3.webp)
128: [LEGACY SERIES] How This Entrepreneur Is Planning His Future Exit and Benefiting From Talking About It, Bill Spohn
When is the right time to transition your business? Bill Spohn, President and Owner of TruTech Tools, plans to retire in three years. TruTech Tools is an award-winning e-commerce reseller of tools and test instruments for HVAC and building performance professionals. He’s working on making the company less dependent on him by adding capable leaders, documenting workflows, and keeping a notebook of ideas. Bill joins host Laurie Barkman on Succession Stories for a “Legacy Series” conversation how entrepreneurs can start plan your future exit and benefit from talking about it.
Listen in to learn more about:
Ensuring your business can thrive without you
Hiring the right talent
Portfolio approach to building wealth
When to start transition planning
Why it’s good to talk about your exit intentions
Documenting workflows and standard operating procedures (SOPs)
Guest and show notes:
Bill Spohn LinkedIn: https://www.linkedin.com/in/billspohn/
Building HVAC Science Podcast: www.buildinghvacscience.com
Download a guide to better SOPs: https://bit.ly/SOPGuide
❤️ Show us the love on Rate This Podcast: https://ratethispodcast.com/successionstories
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