Moving from corporate finance to owning a small business means losing the safety net of departments and structured training. In a corporation you manage teams and million-dollar projects; as an owner, you're the chief everything officer, and every decision directly hits your cash flow.
I think in corporate finance, the burden's a little bit different than when you own your own company. Yeah. In my view. And Ben, I'm a business owner myself now. I totally get how difficult it is owning a business, right? And so in a corporate environment, I mean, you're learning, right? You're getting the training you need to succeed in life. You're learning how to manage people. You're learning how to manage teams. You're learning how to make major, major decisions, you know, sometimes multi-millions, billions of dollars sometimes even, right? And so it's a good foundation to create the leadership skills that you need to be successful later on in life. But when you come to a small business, every decision you make can be a difference between staying afloat tomorrow or maybe running out of cash right away. Wow. And every decision comes on you, right? You do become a chief everything officer. And so you don't have the bandwidth of the complexity of having a full HR department and having a full finance. Marketing team departments at your mercy. You're sometimes doing it on your own or trying to figure it out on your own.
How Can You Maximize Your Business Value Before Selling? with Randy Katz Video
