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June 10, 2009
In This Issue:
Stepping down as the leader of your organization and handing over the leadership reigns, can be a difficult process for a business owner – even if it's for all the right reasons like retirement and spending the rest of your time lounging on a beach somewhere. In a family business, the transition can be particularly sticky. Not only does the next generation have to assume responsibility, the entrepreneur has to learn to let go
In this week's article, we offer advice about family succession and how to make that transition as smooth as possible for everyone involved in the business.
- Hire them because they're qualified
- Honor the organizational structure
- Empower your successor
- Have a common vision
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Are you hoping to bring your child into the family business? Attend the July 16 — 17 E-Myth Leadership Intensive Seminar in northern California's beautiful wine country, at the special rate of $995 and bring your young successor (ages 17-23) for just $200!
Spend two days crafting your personal and business vision together and get the next generation trained on the necessary strategic skills and management systems to continue the growth and success you've worked so hard to achieve.
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When the H1N1 outbreak brought business to a three-day halt, Maru Medina-Hollmann chose to turn the forced break into an opportunity to work on her business.
This month we celebrate the success of Mastery Impact! client Kukis By Maru.
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E-Myth Your Business
E-Myth Worldwide can show you how to free yourself from your daily routine, reconnect with your entrepreneurial vision and build a business that works; a business that delivers on time, every time, exactly as promised. For more than 30 years we have coached small business owners to transform their businesses into world-class operations and we can do the same for you. Contact us today for a free business consultation.
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