Minding Your Exit Strategy: How to Think About Your Exit Plan Before You Need It

Written By Danielle Fauteaux

Ft. Sarah Durham, Owner at Compton Durham, LLC

In This Episode, Danielle and Sarah discuss the Pros and Cons of Various Exit Strategy Options That Go Beyond Just Selling Your Agency.

Other topics of discussion include:

  • Lessons Learned in Coping with Changes
  • How to Think About Your Exit Strategy
  • Addressing Common Fallacies and Misconceptions Pertaining to Business Exit Strategies

In this episode:

[00:28] Meet Sarah Durham.

[02:30] How to Think About Your Exit Strategy

[04:00] Pros and Cons of Various Exit Strategy Options Including Employee Ownership Options vs Selling/Merging.

[07:03] Addressing Common Fallacies and Misconceptions Pertaining to Business Exit Strategies.

[09:07] Lessons Learned in Coping with Changes.

[11:00] Lessons Learned in Getting Ahead of the Matter.

[16:12] Lessons Learned in Delegation and Building Others Up to Lead.

Building a successful marketing agency takes grit, a focus on your value, and sometimes a *loving* kick in the pants.

Needing an ally as you achieve your long-term goals?

I’d be happy to help.

Danielle Fauteaux, Agency Coach

Danielle Fauteaux

Hi! I’m Danielle. I’m passionate about helping creatives recognize their value and place in this world, passionate about helping leaders regain control over their responsibilities, passionate about encouraging others to live more meaningful lives; and passionate about doing more with less. I guide creative firms through the Momentum Framework to achieve their revenue and profit goals while falling back in love with the mission they originally set out with.