2851: How to Avoid Succession Pitfalls, Laurie Barkman on the Conscious Millionaire

2851: How to Avoid Succession Pitfalls, Laurie Barkman on the Conscious Millionaire

Appearances
November 29, 2023•1 min read

Welcome to the Conscious Millionaire Show for entrepreneurs who want to achieve high sales and positively impact humanity!

JV Crum III goes inside the minds of conscious guests such as Millionaire Entrepreneurs and World-Class Business Experts.

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Laurie Barkman, the business transition sherpa and the former CEO of a $100 million company that was sold to Fortune 50, joins host, JV Crum III, for an insightful episode on avoiding succession pitfalls and planning business transitions. She is also the author of “The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options,” and host of the Succession Stories Podcast.


SHOW LINKS

Website: https://consciousmillionaire.com/podcast/

Laurie Barkman

Laurie Barkman, The Business Transition Sherpa, emphasizes the importance of planning for the exit of a business, citing that only 20% of companies in the lower middle market have an intention to sell. She highlights the need for an ownership succession plan, estimating the value of the business, addressing risk tripwires, and embracing a sell-ready mindset.

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