Stepping into the role of business owner is one of the most challenging endeavors you'll undertake. Buying that business from someone you already know amplifies the risk of mistakes. On The Art of Succession Podcast, you'll hear from entrepreneurs who've successfully transitioned from employee to owner by acquiring businesses from parents, former bosses, or co-founders. Together, we'll explore how they navigated the complex blend of emotions and strategic decisions required to honor the past ...
…
continue reading

1
The Unexpected Value - and Timing - of Keeping Your Business
56:00
56:00
Play later
Play later
Lists
Like
Liked
56:00In this episode of The Art of Succession podcast, host Barrett Young interviews Nesha Pai, founder of Pai CPA and international public speaker. Nesha shares her journey of building a successful CPA firm and her decision to turn down an acquisition offer despite receiving her asking price, revealing important lessons about business value beyond fina…
…
continue reading

1
25 Years of IT Transformation: Thriving Through the DotCom Bust, Recession, and Pandemic
57:24
57:24
Play later
Play later
Lists
Like
Liked
57:24In this episode of The Art of Succession podcast, host Barrett Young interviews Mike Ritsema, CEO of i3 Business Solutions in Grand Rapids, Michigan. Listeners gain valuable insights into business acquisition, strategic pivots, and leadership succession planning. Surviving Economic Turbulence Mike purchased 21st Century Computer Specialists in Janu…
…
continue reading

1
Bridging the Valuation Gap: Building A Company Your Employees Want to Buy
59:37
59:37
Play later
Play later
Lists
Like
Liked
59:37In this episode of The Art of Succession podcast, host Barrett Young interviews Tom Gledhill, a former business owner, broker, and author who has successfully built and scaled four businesses. Listeners gain valuable insights into business scaling, valuation, and exit planning from his decades of experience spanning from early technology adoption t…
…
continue reading

1
The 25-Year-Old CEO: When Succession Comes Too Soon
56:47
56:47
Play later
Play later
Lists
Like
Liked
56:47In this episode of The Art of Succession podcast, host Barrett Young interviews Garrett Noach, president of Lamothermic, a casting manufacturer in New York. At age 25, Garrett unexpectedly took over the family business following his father's passing in 2022, offering valuable insights into both emergency succession and intentional business transfor…
…
continue reading

1
She Secured Above Average Client Retention Buying an Insurance Agency
1:02:31
1:02:31
Play later
Play later
Lists
Like
Liked
1:02:31In this episode of The Art of Succession podcast, host Barrett Young interviews Nakeia Mack, who transitioned from an accounting degree to owner of Oliver Mack Insurance through an unexpected opportunity to purchase an established insurance agency. Her story offers valuable insights into succession planning, leadership development, and building a s…
…
continue reading

1
Breaking Free from Hustle Culture: The True Cost of Growth
59:27
59:27
Play later
Play later
Lists
Like
Liked
59:27In this episode of The Art of Succession podcast, host Barrett Young interviews Adam Shay, who shares his comprehensive journey from founding a CPA firm in 2010 to its successful sale in 2023 and his subsequent transition. This conversation offers valuable insights into the full lifecycle of entrepreneurship, from startup through exit and beyond. B…
…
continue reading

1
The Art of Military Succession According To The US Air Force
1:07:32
1:07:32
Play later
Play later
Lists
Like
Liked
1:07:32In this episode of The Art of Succession podcast, host Barrett Young interviews Joe Bogdan, a retired Chief Master Sergeant in the US Air Force, who shares insights on leadership transitions from military to civilian contexts. After transitioning from an intense Korean assignment to leading 600 people in Germany, Joe faced unexpected challenges whe…
…
continue reading

1
Turning Life Experience Into Subject Matter Expertise
1:11:56
1:11:56
Play later
Play later
Lists
Like
Liked
1:11:56In this episode of The Art of Succession podcast, host Barrett Young interviews Manasa Nadig, a cross-border tax expert and owner of MN Tax and Business Solutions. Listeners will gain valuable insights into transitioning from employee to specialized practice owner while navigating the complexities of succession planning and niche development. Selli…
…
continue reading

1
My Partner Overcame Their Objections Until They Couldn't Say No Any Longer
58:13
58:13
Play later
Play later
Lists
Like
Liked
58:13In this episode of The Art of Succession podcast, host Barrett Young interviews Samantha Bowling, managing partner here at GWCPA, who shares her remarkable journey from being told "we don't have women partners" to transforming an 80-year-old accounting firm's culture and leadership. Her innovative approach to firm management continues to influence …
…
continue reading
In this episode, host Barrett Young reflects on The Art of Succession’s first season, sharing memorable moments, lessons learned, and a preview of what’s to come in season two. Barrett highlights the emotional depth of season one, from Lisa’s resilience after a failed acquisition to Curtis’s appreciation for working alongside his grandfather. These…
…
continue reading

1
She Sold Her Niched Law Firm To The First Choice On Her List
36:21
36:21
Play later
Play later
Lists
Like
Liked
36:21In this episode of The Art of Succession podcast, host Barrett Young interviews Jillian Sidoti, founder of Crowdfunding Lawyers and creator of Last Life Ever. The discussion focuses on Jillian’s journey of building a niche law firm, selling it for seven figures, and how systems and branding can lead to successful business transitions. Building and …
…
continue reading

1
Her Systems Took This Recruiting Agency From Launch To Rapid Exit
55:49
55:49
Play later
Play later
Lists
Like
Liked
55:49In this episode of The Art of Succession podcast, host Barrett Young interviews Alanna Thomas, founder of Aligned Recruitment and Thomas Media Agency. The discussion dives into Alanna’s impressive journey, from founding a recruitment company to scaling it for rapid profitability, bringing in a business partner, and successfully exiting—all within 1…
…
continue reading

1
These Partners Stepped In To Rescue A Buddy's Hearing Aid Store After A Text
52:28
52:28
Play later
Play later
Lists
Like
Liked
52:28In this episode, host Barrett Young interviews Jarom Rogers, a partner at Legacy Hearing Professionals. They discuss Jarom's experience in taking over and revitalizing a struggling business, navigating financial crises, and dealing with underperforming partners. Background and Initial Challenges Jarom describes the early stages when his friend, who…
…
continue reading

1
This Rapid Growth CPA Firm Has Gone From Dad's Living Room to 30 Employees
1:04:15
1:04:15
Play later
Play later
Lists
Like
Liked
1:04:15In this episode of The Art of Succession podcast, host Barrett Young interviews Mike Libbey, the Chief Operating Officer of YBL, an accounting firm based in Ontario, Canada. Mike shares his journey of joining the family business, which was founded by his father, and discusses the transition of leadership and the growth of the firm over the years. L…
…
continue reading

1
Leaving The Family Business Prepared Her To Take Over This Third Generation Auto Recycler
1:10:55
1:10:55
Play later
Play later
Lists
Like
Liked
1:10:55In this episode of The Art of Succession podcast, host Barrett Young interviews Amber Kendrick, the owner of Pete's Auto Parts, an auto parts recycling yard near Grand Rapids, Michigan. Amber’s journey through the family business provides an insightful perspective on modernizing a legacy while honoring its history—offering valuable lessons for thos…
…
continue reading

1
She Learned Resilience Losing Their Travel Agency, And Now Helps Others
1:05:36
1:05:36
Play later
Play later
Lists
Like
Liked
1:05:36In this episode of "The Art of Succession" podcast, host Barrett Young interviews Lisa Dare, an executive coach and leadership practitioner based in Calgary, Alberta. Lisa shares her candid story about purchasing a family-owned travel and tour agency in 2016 and the valuable, painful lessons she learned from ultimately closing the business. The Dec…
…
continue reading

1
Unbeatable Opportunity: How A Text Led These Chiropractors To Business Ownership!
1:03:11
1:03:11
Play later
Play later
Lists
Like
Liked
1:03:11In this episode of The Art of Succession podcast, host Barrett Young interviews Dr. Tatiana Barrera and Dr. Michael Vega, the engaged couple behind Move Forward Chiropractic in Tampa, Florida. They share their story of unexpectedly purchasing and transforming a chiropractic practice, highlighting their journey from employees to business owners. Fro…
…
continue reading

1
Working With His Grandfather Was This CPA's Unfair Advantage
1:02:21
1:02:21
Play later
Play later
Lists
Like
Liked
1:02:21In this episode of The Art of Succession podcast, host Barrett Young interviews Curtis Hardwick, who shares his journey of taking over his grandfather's CPA firm in Georgia. Curtis provides insights into the challenges and rewards of inheriting a business and making it his own. Beginning the Journey Curtis's grandfather, Joe "Pop" Hardwick, started…
…
continue reading

1
They Overhauled A 20 Year-Old Online Course That Had Zero Recurring Revenue
45:11
45:11
Play later
Play later
Lists
Like
Liked
45:11In this episode of "The Art of Succession" podcast, host Barrett Young talks with Peter Wietmarschen, a partner at The Author’s Voice. Peter shares the story of how he and his partners took over and transformed a self-publishing support business. The Origins of The Author’s Voice Peter Wietmarschen’s journey began about eight years ago when his mot…
…
continue reading

1
A Cancer Diagnosis Gave This CPA Firm Clarity On Client Selection
37:45
37:45
Play later
Play later
Lists
Like
Liked
37:45In this episode of The Art of Succession podcast, host Barrett Young sits down with Jim Morrow, the CEO of Agency CPAs. Jim's story offers a compelling look at the complexities and triumphs of succession planning, particularly within a family-run business. Agency CPAs specializes in tax planning, CFO, and accounting services for digital agencies, b…
…
continue reading

1
He Bought Dad's CPA Firm And Built A Powerful Community
54:30
54:30
Play later
Play later
Lists
Like
Liked
54:30In this debut episode of The Art of Succession podcast, host Barrett Young interviews Jason Blumer, CEO of Blumer CPAs and the Thriveal CPA Network, to discuss his journey of taking over his father's bookkeeping firm and transforming it into a specialized accounting firm for design, marketing, and creative agencies. The Early Days: Joining and Lead…
…
continue reading
Stepping into the role of business owner is one of the most challenging endeavors you'll undertake. Buying that business from someone you already know amplifies the risk of mistakes. On The Art of Succession Podcast, you'll hear from entrepreneurs who've successfully transitioned from employee to owner by acquiring businesses from parents, former b…
…
continue reading