Episode #25 - Silver Tsunami On Main Street
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Episode #25 - Silver Tsunami On Main Street
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Wayne Gretzky said he didn’t skate to where the puck was — he skated to where it was going. Demographics say the puck is headed straight into a massive turnover of small business ownership, as millions of Baby Boomer–owned companies change hands, get passed down, or shut their doors. That wave is the Silver Tsunami.
In this episode, Chris Collins and Dennis Siggins (a.k.a. Bobby Downspout) break down what this generational shift means beyond the headlines — for retiring owners, local Main Streets, and the next wave of entrepreneurs looking for real opportunity.
They also talk about what it takes to be ready on both sides of the deal: planning ahead, building the right circle of advisors, and recognizing that chance favors the prepared when the biggest wealth-and-business transfer of our lifetime hits your town.