The Essentials of Transition – With Bo Burlingham & Dr. Allie Taylor

How to achieve a good exit is one of the most frequently asked questions Allie receives. To help her explain the psychological phenomenon owners experience in exiting she has sat down with Bo Burlingham – author of the best-selling book “Finish Big”. Bo and Allie examine the misconceptions of what an exit from a business is, commenting that exiting should be instead considered as a normal phase of the business. The exit phase consists of 4 stages: exploratory, strategic, execution, and transition/adjustment. This thinking helps alter owner perceptions and prevents forced business exits that can leave owners unsatisfied. In this brief video Bo and Allie describe the 4 stages of exiting and the 7 elements of a good exit so that more owners get good outcomes.