In this episode, Elizabeth explores the importance of creating a sense of urgency in business transitions. She discusses the mindset shifts necessary for a successful succession and shares insights on overcoming common roadblocks like commitment phobia. She also emphasizes the value of envisioning a long-term future and offers strategies for guiding your business and yourself into the next chapter.
Join Elizabeth on a monthly 50-minute online forum, “Collective Conversations”: https://transitionstrategists.co/collective-conversations
Chapters in this episode:
02:30 - Importance of Commitment in Business Transitions
07:14 - Exploring Commitment Phobia
12:42 - Shifting from Scarcity to Abundance Mindset
16:43 - Catalysts for Business Transition Decisions
20:11 - Invitation to Collective Conversations, by Elizabeth and the Transition Strategists
21:38 - Closing Thoughts on Urgency and Vision
Connect with Elizabeth Ledoux and the Transition Strategists:
Website: https://transitionstrategists.com/
Facebook: https://www.facebook.com/thetransitionstrategists
Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/
Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/
Transition Strategists on YouTube: https://www.youtube.com/@transitionstrategists
Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:
Spotify: https://spoti.fi/3MxSYA2
Apple Podcasts: https://apple.co/3IhMMux
Get Elizabeth Ledoux and Laura Chiesman’s latest book, "It’s A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv
This episode was produced by Story On Media & Marketing: https://www.successwithstories.com.
00:00 - None
02:30 - Importance of Commitment in Business Transitions
07:14 - Exploring Commitment Phobia
12:42 - Shifting from Scarcity to Abundance Mindset
16:43 - Catalysts for Business Transition Decisions
20:11 - Invitation to Collective Conversations, by Elizabeth and the Transition Strategists
21:38 - Closing Thoughts on Urgency and Vision