The Importance of Planning Your Exit Strategy with Ned Minor

In this episode, host Elizabeth Ledoux is joined by Ned Minor, a transaction attorney in the field of mergers and acquisitions that has generated more than $3 billion in total purchase/sales consideration for clients. Ned has also written extensively on the topic of entrepreneurs exiting their companies. 

In this episode, Elizabeth and Ned discuss the value of businesses and the importance of planning for exit strategies. They emphasize the need for business owners to understand the worth of their businesses and how to transition them into the hands of others. 

Ned also emphasizes the importance of involving key employees and family members in the decision-making process. Perhaps msot importantly, Ned urges business owners to start visualizing their lives after the sale, with financial security and a sense of fulfillment.

Connect with Ned Minor: 

Website: https://www.minorbrown.com/ 

Ned on LinkedIn: https://www.linkedin.com/in/nedminor/ 

Ned's book, Deciding to Sell the Key to Wealth and Freedom: https://www.amazon.com/dp/0965573192 

Connect with Elizabeth Ledoux and the Transition Strategists:

Website: https://transitionstrategists.com/ 

Facebook: https://www.facebook.com/thetransitionstrategists 

Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/ 

Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/ 

Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player: 

Spotify: https://spoti.fi/3MxSYA2 

Apple Podcasts: https://apple.co/3IhMMux 

Google Podcasts: https://bit.ly/BTR-Google-Podcasts 

Get Elizabeth Ledoux and Laura Chiesman's latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv 

This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.