succession planning Archives - Triumph Wealth Management, LLC
Exit Planning: A Book for All Ages
25 Mar

Exit Planning: A Book for All Ages

We all know the saying “you can’t judge a book by its cover.” Some books are beaten down from use. Others shine as though they’re brand new. But no matter the shape of the book, inside every cover is a story. Have you ever wondered what it would be like to be a part of […]

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Passing the Baton
25 Feb

Passing the Baton

One of the honors that I have is sitting down with business families and helping them work through generation transfer. For example, I was involved in a meeting between a father and son. They were discussing the logistics of passing the baton to the next generation. This was a very important and detailed discussion that […]

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Entrepreneurship Interview Series: Getting the Ball Over the Goal Line
12 Dec

Entrepreneurship Interview Series: Getting the Ball Over the Goal Line

Experience is the best teacher. In this Entrepreneurship Interview Series, we’re going to share stories from your peers about their lessons learned as successful entrepreneurs. Striking out as an entrepreneur with a keen ability to manage risk is what allowed attorney Toby Reynolds, managing partner at Hansen Reynolds, to excel in a risk-averse industry. We […]

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My Very Outspoken View on Succession Planning
08 Nov

My Very Outspoken View on Succession Planning

The buzz, hype, and talking heads concur that businesses should be sold as quickly as you can. To say that I don’t agree is an understatement. This is an expensive mistake and one that can rob you of your retirement as a business owner. Here’s my outspoken view on succession planning. It’s a glorified form […]

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Is It Time to Step Away as a Business Owner?
15 Oct

Is It Time to Step Away as a Business Owner?

Will you be able to walk away? When is the right time to take a step back and leave your business? Is it at a certain age? When you reach a certain level of wealth? Or will you never be fully out? When business owners decide to leave their business, they will fall into one […]

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Entrepreneurship Interview Series: What You Really Want Is Options
02 Oct

Entrepreneurship Interview Series: What You Really Want Is Options

Experience is the best teacher. In this Entrepreneurship Interview Series, we’re going to share stories from your peers about their lessons learned as successful entrepreneurs. Here we speak with Jon Aleckson, Ph.D., the CEO of Web Courseworks, an educational technologies company. In this interview, you’ll learn about Jon’s crossroads moment and the importance of making […]

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The Illusive Retirement Age
27 Feb

The Illusive Retirement Age

Ever wondered at what age you should retire? You and many other people have the same simple question. However, the answer is not so simple. There are various formulas and beliefs about the magical age at which a person should retire and how much they should have saved by that point. The reality is that […]

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