The Process of Letting Go, Find Your Exit Podcast

The Process of Letting Go, Find Your Exit Podcast

June 12, 20221 min read

The exit process is nuanced but sometimes it comes down to simply knowing how to let go. How to move on from what you’ve built your whole career and into the next phase of your life. Laurie Barkman has worked on guiding business owners along this process. Today, Laurie joins the Find Your Exit show hosted by Mark Kravietz to dive into her business transition process and the ways in which business owners can solidify their business prior to exit.

KEY TAKEAWAYS

  • Laurie shares the process she uses to guide business owners.

  • Learn some of the key drivers impacting business value.

  • What is the best place to start the process of increasing your company value?

  • What is the “owner’s trap” and how can you escape it?

  • Discover some ways to get started with exit value planning if you’re not ready to sell yet?

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Laurie Barkman is a “business transition sherpa.” With her firm, SmallDotBig, she advises owners on having more valuable, sellable businesses. And as a Partner with Stony Hill Advisors, a boutique mergers and acquisitions firm, she guides lower middle market companies through the complex process of letting go.

Laurie is the former CEO of a $100 million revenue company with an exit to a Fortune 50 company. With more than 25 years of C-Suite and award-winning marketing expertise, she provides actionable perspective to maximize value.

Engaging audiences across the US, Laurie is an Adjunct Professor of Entrepreneurship at Carnegie Mellon University, leads executive workshops with Vistage, and hosts a weekly podcast called Succession Stories.

Connect with Mark Kravietz, Find Your Exit Podcast, and Aline Wealth

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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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