Stop Running Your Business Like a Museum: Family Business Succession Planning That Actually Works
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You inherited more than a business. You inherited every decision your parents made for 25 years, including the ones that stopped making sense a decade ago. The untouchable employee. The pricing sheet from 2009. The filing system that belongs in a time capsule. Sound familiar?
In this episode, Certified Profit Advisor Ryan Herrst breaks down why family business succession planning has nothing to do with legal paperwork and everything to do with the inherited profit structure nobody gave you permission to change.
What you'll walk away with:
The Loyalty vs. Productivity Matrix for evaluating legacy employees without guilt. A simple formula to calculate exactly what outdated systems are costing you each year. Three word-for-word scripts for having the hard conversation with the founder, the Old Guard, or the 20-year employee who watched you grow up. The "8th Lever" concept that most family business advisors completely miss.
Your parents built this business to provide freedom for the family. If it's become a cage, you're not honoring the legacy. You're fulfilling their biggest fear. This episode gives you the diagnostic framework and the actual words to start changing that.
Ryan Herrst is the author of "Profit Foundation" and founder of Media Ace Advisors. He helps service business owners find hidden profit without spending more on marketing. His healthcare background trained him to diagnose what others miss, and he brings that same systematic approach to business.
Read the full companion blog at mediaaceadvisors.com
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