EOS for a Better Business, Better Life
Jul 18, 2026 · 36 min · 10 segments
Do you have an exit strategy? Because guess what, we are all going to exit our businesses one day, simply because we are human. That's the bottom line. Most people don't think about who the most…
Kerry BoultonGuest
Deborah Chantry TaylorHostHey, look, you've already given us five really great questions that people can actually ask themselves.
But in terms of top three tips, what would you say to people who are considering what their exit strategy looks like?
Well, I think really, first thing is give some thought as to who how you're going to get out of the business.
So think about what it is that, how are you going to actually leave the business? You know, what sort of exit strategy are you going to engage in?
There's a number of free resources that I refer to in the Million Dollar Payday book, especially.
It's thought-provoking because like a... you've heard the expression that it takes a village to raise a child.
Well, it actually takes a village to exit your business because you need people around you who have expertise in all the right areas.
So the tax lawyer, the financial planner, probably you need the accountant, your accountant who's going to fix up your books, maybe an estate planner as well.
uh it's really important so um and and if you've got somebody who's standing in your shoes for you which is the sort of role that i i play i i'm i'm not a business broker and i'm not an m&a expert i happen to have had a lot of personal experience which helps you know in that regard and that's that's that's why i'm on this mission you know as and to help educate business owners to understand that really it's so important to think about these things, to be in control and to be able to plan an exit so you can have it on your terms and in the timeframe that you want to have.
So here's some thought about how you're going to get out of the business.
Definitely have a look at your books and the resources in there and ask those five questions.
And that should get you some way towards, yeah, getting an exit strategy in place.
Hey, look, you've already given us five really great questions that people can actually ask themselves.
But in terms of top three tips, what would you say to people who are considering what their exit strategy looks like?
Well, I think really, first thing is give some thought as to who how you're going to get out of the business.
So think about what it is that, how are you going to actually leave the business? You know, what sort of exit strategy are you going to engage in?
There's a number of free resources that I refer to in the Million Dollar Payday book, especially.
It's thought-provoking because like a... you've heard the expression that it takes a village to raise a child.
Well, it actually takes a village to exit your business because you need people around you who have expertise in all the right areas.
So the tax lawyer, the financial planner, probably you need the accountant, your accountant who's going to fix up your books, maybe an estate planner as well.
uh it's really important so um and and if you've got somebody who's standing in your shoes for you which is the sort of role that i i play i i'm i'm not a business broker and i'm not an m&a expert i happen to have had a lot of personal experience which helps you know in that regard and that's that's that's why i'm on this mission you know as and to help educate business owners to understand that really it's so important to think about these things, to be in control and to be able to plan an exit so you can have it on your terms and in the timeframe that you want to have.
So here's some thought about how you're going to get out of the business.
Definitely have a look at your books and the resources in there and ask those five questions.
And that should get you some way towards, yeah, getting an exit strategy in place.
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