Exit Is Now - Plan Accordingly With Scott Snider Life After the Exit: The Importance of Personal Planning
Feb 6, 2025
Scott Couchenour, founder of Serving Strong, specializes in personal planning for business owners. He shares wisdom on aligning personal, financial, and business strategies for a fulfilling life after exiting a business. The discussion dives into navigating generational business challenges and the emotional journey of career transitions. Scott emphasizes the integration of personal goals with core values, urging owners to redefine their identities and view exits as opportunities for personal growth.
AI Snips
Chapters
Books
Transcript
Episode notes
Rise Of A Family Church-Builder
- Scott Couchenour joined his father's second-generation church-construction business in 1989 and helped grow it to $40M with 70 employees.
- He and his family later faced a long downturn starting in 2008 that drastically reduced staff and revenue.
Board-Asks CEO To Reinvent
- In 2015 a pivotal project failed to start and the company was vulnerable after a five-year slump, forcing reinvention.
- The board appointed Scott CEO to reinvent the family business amid mounting backlog and maxed credit lines.
Scandal Triggered Sudden Collapse
- In June 2015 a scandal at a client church derailed a major project and collapsed the company's pipeline overnight.
- Scott and his family had personally guaranteed debt and faced Chapter 7 as the business shut, leaving them financially and emotionally devastated.
