Above is episode #400 of the Independence by Design™ Podcast. I share my personal journey of turning around and selling the family business and creating three companies, which led me to create the Independence by Design™, an ownership framework. It is for owner-operators who want a system to help them align operations with their ownership goals. IBD™ has three steps and an Ownership Roadmap™ that helps you maximize your independence through more sustainable cash flow, a higher equity valuation, and a business that allows you to do more of what you love.
Step #1 - Understand the Game - Shift Your Mindset from Operator to Owner
- Ownership Mindset
- Master the Art of Business Valuation
Step #2 - Choose Your Game – Align the Business with Your Goals
- Ownership Structures and Exit Options
- Leverage an Ownership Advisory Team
Step #3 - Play the Game - Master the Game of Business Ownership
- Create a Strategic Financial Roadmap
- Ownership & Operational Alignment