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    Walk Away Wealthy: The Entrepreneur's Exit-Planning Playbook
    Walk Away Wealthy: The Entrepreneur's Exit-Planning Playbook
    Walk Away Wealthy: The Entrepreneur's Exit-Planning Playbook
    Ebook225 pages3 hours

    Walk Away Wealthy: The Entrepreneur's Exit-Planning Playbook

    By Mark Tepper

    5/5

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    About this ebook

    The essential guide to selling your business—and walking away with maximum wealth

    Nearly every entrepreneur dreams of one day selling their business for big bucks, but far too many aren’t aware of exactly what it takes to do so. The sobering truth is that it’s very easy for the entrepreneurs who don’t know what they’re doing to walk away from a sale without the financial freedom they hoped for. In fact, only about 20 percent of businesses for sale will successfully transfer to another owner!

    In Walk Away Wealthy, Mark Tepper--a leading authority on wealth management and financial planning for entrepreneurs--shows you how to build a strong exit plan, an absolute requirement if you hope to get the full value from a sale. Tepper’s twelve secrets debunk myths and deliver practical advice as he walks you through what most people don’t know (or refuse to believe) about the process of planning their exit. And although it’s best to start planning the exit as early as possible, the book also delivers advice for those who may have waited too long and feel lost in the face of a rapidly approaching sale.

    Selling the business you worked so hard to build can be a confusing and intimidating proposition. Let Mark Tepper clear away the misconceptions, steer you clear of common mistakes, and help you walk away wealthy!
    LanguageEnglish
    PublisherGreenleaf Book Group
    Release dateJul 1, 2014
    ISBN9781626340855
    Walk Away Wealthy: The Entrepreneur's Exit-Planning Playbook
    Author

    Mark Tepper

    Mark Tepper, author of the Carotene Bunny, lives on Long Island, NY with his family. He works for NYU Winthrop Hospital in Mineola, NY. He spent 3.5 years in the Air Force during Vietnam. He attended Nassau Community College in Garden City, NY and Hofstra University, in Uniondale, NY. In his spare time, he writes children’s stories. This allows him to keep in touch with the child within.

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    • 5/5
      Succession Planning 101...bravo!

      I decided to read this book as I was advising a CEO client of mine on whose board I sit. He's a young CEO - 41, and has only been a CEO for a short while...less than 2 years. The company owners he succeeded had built a legacy business, providing for many families by building a successful firm. I wanted the new CEO to imagine both the firm and himself a little differently. In addition to being a great place to work, I challenged the exec to consider building the firm's equity position to the place where it would be a compelling M&A target. I asked him to imagine himself as a 56 year old owner...so, 15 years from now. Would he still have the passion for the business? Did he have other ambitions to pursue after achieving business success? He'd make a great U.S. Congressman.

      When he asked how he might imagine all of that, and then how to prepare for the 15 year older him, I recommended this book, Walk Away Wealthy. While I'm not crazy about the title, as it sounds a little "get rich quick-cheesy," it is an EXCELLENT book in providing a road map on how to move from being a "cash flow" small business owner to an owner who develops the equity in the business, and who is constantly, strategically preparing the business for a sale. IMO, this is what all owners should always be doing, and this author writes clearly and concisely on how to do it.

      I recommend this book for: current owners; companies who are either considering developing succession plans or who are going through succession now; and for younger managers who who can imagine taking over a company some day. It provides excellent advice for all.

      Bravo...nice job. Read it.

      1 person found this helpful

    Book preview

    Walk Away Wealthy - Mark Tepper

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