What is Your Next Transition?
Patty Block
Helping Women Experts Leap into Your Third Act | Building BlockbustHER Businesses | Discover your Exit Readiness Index?: she-exits.com | What Is Next For Your Business?
" Transitions are almost always signs of growth, but they can bring feelings of loss. To get somewhere new, we may have to leave somewhere else behind." – Fred Rogers, television host, author, producer, and minister.
Transitions are the threads that weave the tapestry of our lives. They come in various forms - career changes, personal milestones, evolving relationships, and changes within your business.
Each transition demands that you reorient yourself to something new, whether it's a shift in your market, an expansion of your services, or positioning your company for your exit.
As you adapt to new circumstances, your perspective broadens, your skills deepen, and your resilience strengthens…
After writing over 100 original long-form articles, I noticed some patterns in the questions women business owners are asking me.
Many women don’t think they can sell their company and will have to settle for closing the doors someday. If that’s your thinking, you’re missing out on building wealth and leaving a legacy. If you’re not even thinking about your business exit, it is highly unlikely you can make it happen!
I am posing real questions from real women and highlighting the articles that address that question.
Today’s BlockbustHER BrainteasHER:
Elena’s accounting firm is rapidly growing as she specializes in especially complex tax issues. She told me she often has mixed feelings about major changes and asked: “How can I deal with the anxiety and emotional ups and downs better, as I make changes in my business?”
A reminder: You too can ask me a business question and have it answered in these articles. I pose real questions from real women and highlight the articles that address that question.
Please submit questions to [email protected]. Let me know if you prefer I not use your name in the article.
Here’s the Twist . . .
It’s never easy to plan and execute a major transition in your business, but it’s almost always necessary to achieve the kind of growth you want.
The emotional toll can be high and gaining perspective can help you deal with your emotions:
Now What?
Are you stuck in your Second Act?
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Have you built a profitable and valuable business but instead of feeling like there's something missing, you’re feeling like there's something more?
If you’ve built an accounting firm, a law firm, a financial services firm, a psychology practice, or a specialty consulting firm that is generating $1 million to $10 million in annual revenue, you are in a prime market.
Larger firms and companies are growing by buying other firms. This has long been the case, but we’re seeing a higher rate than ever.?
I wish it wasn’t the case, but I see too many women who actually lose their company instead of exiting on their own terms. The exit process is filled with pitfalls and complex issues – especially for women.
I’ve built my business as an advocate, and I specialize in helping women founders transition to their Third Act – when you’re ready to do the work you’ve always longed to do.
Work that lights you up… work that is your purpose instead of just a paycheck. ?
Often, to get to your Third Act, you need to exit from your Second Act, preferably with funds from a sale that turns your business into a wealth-building tool.
As your advocate, by definition, I’m looking out for your best interests. I am not taking a brokerage fee, commission, or equity. I am not motivated by how quickly the exit moves or the final dollar amounts. I want what you want – and will help you get it.
In my experience, women don't retire; they transition into a new stage of purpose and impact. Whether you are 40 or 60, the idea of retirement may not appeal to you. Just because you can retire doesn’t mean you’ll want to.
We can redefine ‘retirement’ and think of your eventual business exit as a ‘purposeful transition’.
Are you ready to leap into your Third Act and grab the whole cookie?
That requires a new way of thinking, new skills, a simple and elegant design, and an advocate by your side. Contact me to learn more.?
How exit-ready are you? Find out at:?https://she-exits.com/
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