How to Transition to Employee Ownership with Sarah Durham » Succeed As Your Own Boss
2 min read
Sarah Durham is an entrepreneur and innovative guide passionate about encouraging business people. She founded Massive Duck in 1994 to enable nonprofits increase their visibility, increase dollars, and connect extra properly. Now, she serves on its board of administrators following advertising the organization to her employees in 2021. Sarah now supplies coaching to business people, nonprofit leaders, and females in management roles via her agency Compton Durham. For additional information, you can go to comptondurham.com.
If you are pondering about exit scheduling from your business enterprise, I have an awesome specialist who will converse to you about how she transitioned out of her small business, and it is almost certainly not what you would believe. As we discuss with Sarah Durham right now, we discuss two distinct transitions Sarah created from her very own firms, including an personnel-ownership model with Huge Duck. She shares her wisdom on owner transitions, so hear in to a terrific episode for any leader.
“As we were being transitioning to a put wherever I was separating from the business, I really had to apply letting go, and I genuinely had to quit currently being central to discussions in get to make house for my colleagues to exercise stepping into those selections.” – Sarah Durham
Listen to the podcast beneath:
This week on SmallBizChat Podcast:
- Transitioning to an personnel-owned organization.
- Planning your exit method just before you are all set to changeover.
- Worker possession for compact enterprises.
- Varieties of employee-owned organizations.
- Sarah’s work as a mentor with other organizations transitioning.
- Running and rising your business enterprise to be saleable.
- Challenges of transitioning to personnel ownership.
Methods Outlined:
Hook up with Sarah Durham:
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