In 1973, wide receiver Elmo Wright scored a touchdown and became the first professional football player to dance in the end zone. Interviewed more than 30 years later, Wright said, “…what happened in the end zone is what defines my career.” If you own a business, you have something in common with Elmo. An exit that falls short can cause disappointment, strife, or low self-esteem. Success at exit is the crowning achievement of a career, fulfillment of financial and family dreams, or the start of your business legacy. Exit planning is about making decisions today that build a better business and position for your success.
Patrick Ungashick was a speaker at South Bay Vistage Group meeting.