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News — 1193

Getting something done

1193 A to Zweig Category_Articles doers featured Mark Zweig

Getting something done

There are dreamers and planners, and then there are those who actually get something done. For every one of those who gets something done, there are 20 who can only talk about it. Why do these people plan but fail to implement their ideas? Here are my thoughts: If you don’t try, you won’t fail. Failure isn’t fun. I think this is the number one reason people don’t chase their dreams. By not actually doing anything, they can maintain the fantasy about “what if” it’s successful. This fantasy is what drives them. Doing it could potentially ruin it. So don’t...

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Peace of mind

1193 BKD Category_Archives featured J. Mark Lundy Succession

Peace of mind

Succession planning is tough, but if you put a plan in place and are careful to re-evaluate as circumstances change, you can succeed. Every privately-held/family-owned business can bank on a change in ownership and a change in leadership. With the baby boom generation that is at or near retirement, there is an above average wave of ownership and leadership changes expected in all privately held companies in the near term. Even still, studies have shown that most privately held companies have not developed a formal and written succession plan. As the owner of a closely held business, you may be...

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