Bob owned a driving instruction business. He was dedicated—fully hands-on, loved what he did, and put in 100% every day.
He owned a fleet of cars but also kept himself busy doing some of the personal driving instructions himself.
It was on such a drive when the red flags came out.
Bob went down the wrong way of a roundabout and was circling aimlessly with his student until she finally had the nerve to ask him what the hell he was doing.
Bob didn’t know.
And his student took over the car and somehow got them back to the office in one place.
Bob went in for tests.
And he got a tough diagnosis – Dementia.
Things spiraled from there quickly.
In just a few months, he went from running his own business to being unable to drive.
And it got worse…
No longer was he allowed behind the wheel..
And soon no longer could he run his business.
And there was no backup plan or exit stategy.
In just six months, everything he’d worked for—his livelihood and identity—which were wrapped up in the business disintegrated..
He had no safety net.. so he lost it all.
Even worse.. his wife who had sacrificed her career to raise the children now had to take care of him and find a job.
And it serves as a cautionary tale.
Life is unpredictable.
Ensuring you own a business that is “sellable” isn’t just about “exiting” someday; It’s about protecting what you’ve built, and having options – even if the unexpected happens.
So, here’s my question: do you have a sellable business?
Do you enjoy the benefits and have the peace of mind that comes from doing so?
If not, come join the complementary Owners Club and get access to the free resources, including a 35 minute presentation on the four key questions you need to answer to attract investors.
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P.S. Building Legacy and Lasting Value for Business Owners
I help business owners break free from the daily grind to lead with impact, boost value, build legacy, and set up for a successful exit—creating the life they dreamed of, starting today.
Discover how our Socratic Success System brings clarity and tailored solutions, so you can make real, lasting changes with ease.
Find out more at Sophiall.com and on my LinkTree.