Comments on: Exiting a Family Business: Three Questions

By: Ron Bento

Ron Bento — Mon, 10 Apr 2017 14:24:45 +0000

Wow – good article and good comments in response. Exit planning is very similar to planning a football game. One can not just field a team and see what happens if the intent is to win. One must anticipate the opponent. Plan and execute a play script at the start to see if your player skill and play strategy can adequately defeat, and with how much difficulty. Personally, I really enjoy reading about exiting regularly because it is practice. I remember Coach Lombardi mostly for saying, “It is not practice that makes perfect – it is perfect practice that makes perfect.” This is how we succeed today – by anticipation of and preparation for the leave.

By: John F. Dini

John F. Dini — Sun, 09 Apr 2017 17:04:16 +0000

In reply to David Basri.

Thanks David. I know you’ve been a loyal reader for years, and I appreciate your comments. They’ve always been well-considered and erudite, if not necessarily in agreement with mine!

I guess you missed my post on February 12th. I read somewhere that “A particular strength is using a variety of technologies to bring separate systems together into a coherent solution.” In my case, I was fielding requests for articles and speaking on multiple topics, blogging on a variety of subjects, developing planning tools for advisors and consulting on ownership transitions. Too much work for diffused results. It was time to get focused.

I’d hate to lose you, but exit planning is what it’s gonna be…

By: David Basri

David Basri — Sun, 09 Apr 2017 16:47:46 +0000

I have read these columns for years. Enough with the exit planning already. Most of us are out here trying to succeed, not leave,