What Your Birth Certificate Says About Your Transition Strategy Plan

In our experience, your age has a big effect on your
attitude towards your business and how you feel about one day getting out.
Here’s what we have found about transition strategy plan
and age:

Business owners between 25 and 46 years old

Twenty- and thirty-something business owners grew up in an
age where job security did not exist. They watched as their parents got
downsized or packaged off into early retirement, and that caused a somewhat
jaded attitude towards the role of a business in society. Business owners in their
20’s and 30’s generally see their companies as means to an end and most expect
to sell in the next five to ten years. Similar to their employed classmates who
have a new job every three to five years; business owners in this age group
often expect to start a few companies in their lifetime.

Business owners between 47 and 65 years old

Baby Boomers came of age in a time where the social contract
between company and employee was sacrosanct. An employee agreed to be loyal to
the company, and in return, the company agreed to provide a decent living and a
pension for a few golden years.

Many of the business owners we speak to within this
generation think of their company as more than a profit center. They see their
business as part of a community and, by extension, themselves as a community
leader. To many boomers, the idea of selling their company feels like selling
out their employees and their community, which is why so many CEO’s in their
fifties and sixties are torn. They know they need to sell to fund their
retirement, but they agonize over where that will leave their loyal employees.

Business owners who are 65+

Older business owners grew up in a time when hobbies were
impractical or discouraged. You went to work while your wife tended to the kids
(today, more than half of businesses are started by women, but those were
different times), you ate dinner, you watched the news and you went to bed.

With few hobbies and nothing other than work to define them,
business owners in their late sixties, seventies and eighties feel lost without
their business, which is why so many refuse to sell or experience depression
after they do.

Of course, there will always be exceptions to general rules
of thumb but we have found that – more than your industry, nationality, marital
status or educational background – your birth certificate defines your transition strategy plan.

If you’d like some help to manage these ratios and figure
out the next steps in a business transition strategy, contact Value Growth
Partners to see how we can assist you in knowing and growing your business
value before the transition – (312) 525-8382.

The Manhunt for Saddam Hussein: A Story of Building Trust

Strap yourself in for this amazing debut episode of Season 2 of “The David Johnson Show” – The Veteran Talk Show.

This is the unclassified story of the manhunt for Saddam Hussein as told by lead interrogator Eric Maddox, a U.S. Army Veteran who spent 6 months serving in Baghdad interrogating members of Saddam Hussein’s inner circle.

In this episode, Eric shares the stories, challenges, and the process of how his team gathered all the key intel that led to Saddam Hussein’s eventual capture. He eventually shared his story about his experiences in Baghdad in his book “Mission: Blacklist #1”.

About guest Eric Maddox:

Eric Maddox joined the Army in 1994, spent three years as an infantry paratrooper (82nd Airborne Division), later joined the military’s Defense Language Institute, studying Chinese/Mandarin, and eventually got trained as an intelligence collection officer. In 2003, the Iraq war starts and Eric instead gets sent to a new mission in Baghdad.

Over the next year, Eric became an interrogator in Iraq, working with a Delta Force team on raids. There were already dozens of Iraqi prisoners. It was Eric’s job to make prisoners of war talk. He used his training and his techniques to help shape the future intelligence collection for the military and civilians around the world.

Since 9/11, Eric conducted over 2,700 interrogations while deployed eight times in support of the Global War On Terrorism, including multiple tours in Iraq, Afghanistan, South America, Southeast Asia, and Europe. During this period, he conducted over 300 interrogations and collected the intelligence which directly led to the capture of Saddam Hussein in 2003, while assigned to the Joint Special Operations Task Force during Operation Iraqi Freedom.

It’s a tremendous story that underscores the foundation of Eric’s current life as an author, consultant, motivational speaker, and interrogator. Learn more at https://ericmaddox.com/.

“The David Johnson Show” is a national voice that talks about points of interest in the American military and veteran subculture. Each show episode showcases a different guest with a different story. Sign up to get notified of new episodes at https://thedavidjohnsonshow.com and subscribe to our YouTube channel.

Follow us:
Website: https://thedavidjohnsonshow.com
Facebook:
https://www.facebook.com/thedavidjohnsonshow/
Twitter:
https://twitter.com/DavidJohnsonSho
LinkedIn:
https://www.linkedin.com/company/the-david-johnson-show/
Instagram:
https://www.instagram.com/thedavidjohnsonshow/
Pinterest:
https://www.pinterest.com/davidjohnsonshow/

#TDJS #Veteran #Military #EricMaddox #SaddamHussein #trust #talkshow #TheDavidJohnsonShow #interrogation #militarytechniques #community #podcast #leadership