In this episode, Jeff and Liz discuss:

• Key items people should consider when bringing a partner into your business.
• Understanding your key problems to solve.
• What attributes make your business more attractive and bring more value to your enterprise.
• Connecting with your workforce and staying in touch with the human dynamic.

Key Takeaways:

• If you know you have a 3-5-year time horizon, your planning should have already started, but if it isn’t, start now.
• The clients you serve inform who you ought to be talking to.
• Pick a couple of key factors that added to value increase: the human capital, organic growth in a systematic and consistent way, client retention, driving profitability, and equitizing the team,
• Dilution of talent will not increase value. Consider doing fewer things at a higher level, then add to them when it makes sense.

"Pick three. Stay laser-focused, nail those three, and then evolve to add your next goal as you're working the first one into a more institutionalized framework. And that adds more value to a billion dollar firm than trying to do everything." — Liz Nesvold

Connect with Liz Nesvold:

Website: https://emigrantpartners.com/

LinkedIn: https://www.linkedin.com/in/liz-nesvold-9421065/

Connect with Jeffrey Concepcion:

Website: https://www.stratoswealthpartners.com

Contact: https://www.stratoswealthpartners.com/contact

Twitter: https://twitter.com/Stratos_Wealth

Facebook: https://www.facebook.com/stratoswealthpartners

LinkedIn: https://www.linkedin.com/in/jeffconcepcion1/