Exit Is Now - Plan Accordingly With Scott Snider

Luci Gabel, a leadership speaker and author of "Eat to Lead," shares insights on the powerful connection between health and effective leadership. She emphasizes the importance of nutrition, sleep, and recovery in enhancing performance. Luci draws parallels between leaders and athletes, advocating for a holistic approach that includes mindset and socialization to boost creativity. She delves into practical strategies for maintaining health routines, offers tips on hydration and food quality, and highlights the role of lifestyle choices in overall wellness.

Josh Koza, Manager of Strategic Relationships at the Exit Planning Institute, interviews Scott Snider, EPI's President. They reflect on their nine-year journey, discussing the evolution of EPI's hiring practices and the value of mindset over credentials. Scott shares personal insights on balancing family life while building a growing business and his emotional journey of decentralizing leadership. On a lighter note, he reveals his thrilling bucket list items, including plans for bull riding and writing heartfelt letters.

In this engaging discussion, guests Michelle of John Hancock Investment Management, Justin Goodbread, Gordon Bell, and Julie Keys share their insights on exit planning. Michelle explains how to transition from a lifestyle business owner to a value creator, emphasizing the importance of integrating Value Acceleration into family businesses. Justin discusses building businesses with future buyers in mind, while Gordon highlights the evolving landscape of owner readiness. Julie notes the growing acceptance of exit planning across generations, reinforcing the value of collaboration in the industry.

Tom Deans, a speaker and author specializing in family business transitions, emphasizes the urgent need for effective exit planning amidst a massive wealth transfer. Rich Goldstein, a patent attorney, shares insights on protecting intellectual property to enhance business valuation at exit. Chris, founder of Trainual, reveals how establishing operational systems can drastically increase a business's worth. Together, they discuss the importance of collaboration among advisors and the evolving landscape of exit strategies for today's entrepreneurs.

This episode features Amy Wurtz, a family business advisor and the 2024 Exit Planner of the Year; Joe Citu, an owner readiness expert and thought leader; Mike Garrison, a boutique coach for financial advisors; Corner Stillman, an investment banker specializing in M&A; and Mike Trabert, a seasoned CPA. They discuss the critical need for owner education and exit readiness, the challenges of the current market, and innovative strategies for financial advisors. Insights into emerging trends and a call for proactive planning make this discussion particularly engaging.

Scott Mashuda and Todd Torquato, co-founders of REAG, share their compelling journey in M&A advisory, built on two decades of experience. They discuss the importance of owner readiness, the transition to C-level clients, and how the pandemic shifted M&A processes. The duo emphasizes the power of technology in remote diligence and asserts the growing market education on exit planning. Listeners gain actionable insights on focusing efforts to maximize value and hear a bullish outlook for 2024, armed with advice for navigating the complex landscape.

Chase Ross, the Product Development Manager at the Exit Planning Institute, joins Scott Snider to discuss remote work's evolution during COVID-19. They share personal anecdotes about the awkwardness of hearing their own voices and reflect on the emotional impact of sending employees home. Scott highlights how trust and employee satisfaction soared with the hybrid work model, while emphasizing a culture of autonomy. They also chat about the transition from in-person training to online and the potential for future in-person programs.

In this engaging conversation, Justin Castelli, the visionary founder of RLS Wealth and the author of More Than Money, shares his journey blending authenticity with entrepreneurship. He discusses his shift to a creator-first model, drawing inspiration from icons like Jay-Z and Rihanna. Justin emphasizes the importance of aligning one's life purpose with financial planning, and introduces his innovative Life Design Plus approach. He reveals how embracing authenticity not only improved his happiness but also enriched his brand, inspiring others to live more purpose-driven lives.

Aaron Stine, tech entrepreneur and founder of BombDiggity Ventures, shares his journey of acquiring Maus, a key player in exit planning software. He discusses the strategic shifts Maus is making towards a SaaS-focused platform and the exciting rebranding efforts. Aaron highlights the importance of owner readiness and the trend of younger business owners prioritizing exit planning. The conversation also touches on how technology will foster collaboration between owners and advisors, enhancing scalability and efficiency in advisory practices.

Dan Negroni, a generational and culture expert, discusses his journey from law to consulting, focusing on bridging the generational gaps in the workforce. He shares insights on how technology and the pandemic have reshaped interactions between different age groups. Dan emphasizes the importance of relationship-building, mentoring, and listening for effective leadership. He offers practical hacks for connecting with modern teams and highlights the need for businesses to understand diverse generational priorities to thrive.