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Walking to Destiny
- 11 Actions an Owner Must Take To Rapidly Grow Value & Unlock Wealth
- Narrated by: Greg Douras
- Length: 8 hrs and 15 mins
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Publisher's Summary
Rapidly grow and unlock value trapped in your business with strategic planning to exit on your terms.
As a business owner, you know your business will eventually change hands. But will your transition occur on your terms and timeline? Financial advisors estimate that 80 percent of an owner’s net worth is locked in their businesses. Yet, when the time comes, most owners end up liquidating instead of selling because they lack a clear growth strategy.
Veteran entrepreneur and CEO of the Exit Planning Institute Christopher Snider brought 40 years of experience in corporate finance and leadership to his five-star rated 2016 edition of Walking to Destiny. In this revised, updated, and expanded edition, he brings even more depth to his paradigm-changing work.
While most business thinkers focus on the endgame, Snider demonstrates that your successful exit is based on what you do now to unlock the value trapped in your business. His value acceleration methodology will give you the steps to accomplish the exit planning necessary to make you five to ten times wealthier.
His methodology walks you through:
- The present value of your business and its potential best-in-class value with an attractiveness and readiness assessment.
- A prioritized action plan—a three to 10-year vision of your chosen destination to close your profit and value gaps.
- Ninety-day sprints—processes and infrastructure to execute relentlessly and evaluate your results with a scorecard that measures value growth.
- The act of decision-making every 90 days to see if you want to keep growing or shift to exiting—keeping exit planning present tense and in your control.
- The “four C’s” of your knowledge capital and how to identify, protect, and build these intangible assets.
- The strategic value = simple math formula to raise your valuation.
Align your business with your life with this systematic approach to quantitative growth.