Framework · 4:49
// THE QUOTE
“I think about like pro athletes who retire”
— Peter Freeman · Freeman Group Private Wealth Management
Pro-athlete analogy for the business owner whose company is their identity and legacy, plus the trap that 'the only right way is my way' wrecks family succession. Complete thought, niche-relevant to owner-operators.
Full episode at 4:49The 'If You Died Tomorrow' Test: Succession & Tax Planning for Construction Business Owners ▸
THE LESSON THIS CLIP CARRIES
Test whether a business is sellable by asking: if the owner died tomorrow, would it run fine or fall apart?
“if you were to die today or not come back to work for whatever reason how would the business evolve”
THE CHAPTER IT LIVES IN
The 'if you died tomorrow' test
3:20
Clips like this, every two weeks.
SOURCE: 4:49 of The 'If You Died Tomorrow' Test: Succession & Tax Planning for Construction Business Owners