Interview with John Weeks: Your Next Adventure: Planning For Life After The Sale Of Your Business

John Weeks is Managing Director, Family Wealth & Business Transition Planning at Harvest Capital. 

He is a financial service professional with over thirty years’ experience working with business owners to grow and then preserve the value realized from a business sale.  His experience includes growing up in a family business and then in commercial banking and wealth management during his professional career.

In this episode, John Weeks fills us with his expertise about how he enrich clients’ lives by helping them achieve important financial goals, priorities for themselves and their families, and step on their next adventure not only in their business but also in their life.

 

"To do more for the world than the world does for you, that is success."

–John Weeks, quoting Henry Ford

 

Why you have to check out today’s podcast:

• Know how to plan for your life after the sale of your business

• Learn the ‘three clocks’ that can help you to grow and manage your business.

• Know the importance of free transaction and post-transaction

 

Learn More about the 3X Value Growth Model

Go to www.3xvaluegrowth.com/model

 

  Episode Takeaways: 3 Clocks of a Business

•  The first clock is the industry clock. You know you want your industry to be in favor, you want the multiples to be high. Not as much control as a business owner over the industry but you want to know when the right time in your industry is to exit your company and sell your company. 
• The second clock is the business clock. Preparing the business and all that goes into the business for this ultimate sale. You're looking to show growth in your business, have a very good management team, to have a diversified customer list, and great products, and all those things. So that's really preparing the business clock. 
• And the third clock is the personal and family clock. This is the one that we focus on. And what we have found and heard is that it is the personal and family clock the one where it's getting the business owners its head in the right place, their emotions in the right place, and also their overall financial picture in the right place, so that they can come out of a transaction like it's with the profits, that they can go to that next adventure to live the lives that they want to live.

 

Resources|Links

Harvest Capital Website: www.harvestcap.com/your-next-adventure

 

Connect with John Weeks

• www.harvestcap.com
• Linkedin
• mhudson@harvestcap.com