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The best way to Transition to Worker Possession with Sarah Durham » Succeed As Your Personal Boss


Sarah Durham is an entrepreneur and inventive guide enthusiastic about serving to entrepreneurs. She based Huge Duck in 1994 to assist nonprofits enhance their visibility, increase cash, and talk extra successfully. Now, she serves on its board of administrators after promoting the enterprise to her workers in 2021. Sarah now offers teaching to entrepreneurs, nonprofit leaders, and girls in management roles by means of her agency Compton Durham. For extra info, you’ll be able to go to comptondurham.com

If you’re occupied with exit planning from what you are promoting, I’ve a tremendous professional who will communicate to you about how she transitioned out of her enterprise, and it’s in all probability not what you’d suppose. As we speak with Sarah Durham right this moment, we talk about two completely different transitions Sarah constituted of her personal firms, together with an employee-ownership mannequin with Huge Duck. She shares her knowledge on proprietor transitions, so pay attention in to an awesome episode for any chief.

“As we had been transitioning to a spot the place I used to be separating from the enterprise, I actually needed to apply letting go, and I actually needed to cease being central to conversations to be able to make house for my colleagues to apply entering into these selections.” – Sarah Durham

Take heed to the podcast beneath:

 

Sarah Durham Podcast Quote

This week on SmallBizChat Podcast:

  • Transitioning to an employee-owned enterprise. 
  • Planning your exit technique earlier than you’re able to transition.
  • Worker possession for small companies. 
  • Forms of employee-owned organizations. 
  • Sarah’s work as a coach with different firms transitioning. 
  • Working and rising what you are promoting to be saleable. 
  • Difficulties of transitioning to worker possession. 

Sources Talked about:

Join with Sarah Durham:

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