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The Financial Flipside Podcast

The Financial Flipside is, in part, a podcast for entrepreneurs, but it’s not only that. We also talk about the politics of money and the way that economic issues impact our daily lives. Our episodes cover everything from trade to tax reform, from cash flow to credit, from the history of money to the economics of immigration, all in a way that is frank, accessible, and (hopefully) fun.

Jul 11, 2018

Though it can be hard to imagine when you’re landing your first client, applying for a business loan, or opening a second location, there may come a time when you want to or have to stop being a business owner. That said, your business doesn’t have to come to an end because your time as an entrepreneur does (unless you want it to). There are a variety of ways to keep your company going if you step down, all of which require a plan--a succession plan.


In this episode, we talk about what it takes to plan for the continued existence of your business: what you’ll need, who to involve, and how long it takes. We also talk about exit strategies, startup narratives, the potential consequences of short-term thinking, and one thing you can do now to prepare for the future of your business, whatever that looks like.


As always, we want to hear from you: do you have a succession plan? How do you imagine the future of your business?


Mentioned on the show:


Bonus links: