Our common purpose as business owners is to grow the value of our companies for the benefit of God’s purposes, our families, our employees, our customers, our communities, and other stakeholders
Leaving a Legacy:
The more valuable owners are to the day-to-day operations of their business, the less valuable - and more vulnerable - the business. A company will be a legacy of the owner’s leadership. Whether or not leaders are developed that can run the company without the owner, has an enormous impact on the current value and future viability of the firm.
Growing a Successful Business is Difficult:
Weak financial literacy may be the single biggest reason
small businesses don’t succeed
- Small business study performed by Intuit
Trillions of dollars of business wealth is about to be sold and transferred over the next five to ten years...
...but business owners are ill-equipped to sell their businesses and maximize their value
The overwhelming majority of small business owners
create zero equity...you spend a lifetime building a company
only to discover, when it is time to sell, it is worthless
- George Gendron, former Editor in Chief, Inc. Magazine