The landscaping company founder learned that business ownership is like a three-legged stool: personal, financial, and business. He realized the importance of aligning all three aspects after selling his first company and feeling lost. Now, he focuses on building a significant business that fits into his personal and financial plans, ensuring he’s ready for a future exit.
A 35-employee company owner discovered the need for decentralization during a month-long absence. Despite meeting business goals, the company culture changed without his daily influence. This realization prompted him to build teams and processes that ingrain the culture into the business, reducing dependence on his presence and preparing for a future exit.
By Scott Snider | AUG 21, 2024
Read the original article at ENTREPRENEUR
