Gen X business owners are pursuing exits in large numbers, but they're overshadowed by talk of boomer retirements. Unlike boomers, Gen X founders are more likely to transfer businesses to family, sell to private equity, or move to employee ownership.
As you've started to develop your practice within helping businesses transition and the exit planning space has really sort of burgeoned and grown and a lot more sort of advisors in the space and a lot more businesses preparing a lot of— and we talk about that a lot on the show, but a lot of folks talk about sort of this big sort of wave of boomers. that are sort of making their transition out either to the next generation or selling their business to private equity or even employee ownership. But not as much attention has been given to, you know, sort of Gen X business owners that are preparing for exit. But it's almost as big of a, you know, sort of swath of owners, partly because they're looking to do things a little differently than some of the boomers are. And I know you have some sort of personal expertise there.
How Can You Maximize Your Business Value Before Selling? with Randy Katz Video
