We often talk about scaling your business and team members but lack when it comes to planning and preparing for your exit. This week’s episode 41 of How Women Inspire Podcast is about planning your exit strategy!
In this episode of How Women Inspire Podcast, Julie Castro Abrams and Stephanie Gaffin discuss the upcoming wave of exits for women-owned business owners and actionable steps you can take right now to prepare your exit strategy BEFORE you’re ready to leave your business behind.
Today’s guest is an accidental entrepreneur that leveraged her passion for helping people and integrated it into every aspect of her very successful career. After spending her career in healthcare, Stephanie Gaffin became the co-founder and Managing Partner of SLS Capital Investors and the Gaffin Group, where she now works with companies to innovate and build infrastructure for growth and successful exits. She is a proven executive with a strong track record for driving change in organizations. Stephanie helps create a common vision and a pragmatic plan to get there so everyone involved wins. She has such a unique ability to bring people together and, let’s be clear, we’re all more effective, find common ground, and solve problems better when we come together.
Some of the talking points Julie and Stephanie go over in this episode include:
The rate at which women-owned businesses and women-owned firms have grown over the years.
Advice for women-owned business owners planning their exit strategy.
Scaling goals you should prepare to hit in order to have a higher chance of selling your business.
The challenges women entrepreneurs face when it comes to securing funding.
Stephanie’s mantra that covers the 3 elements that, in the right proportions, are critical to doing anything worthwhile.
Before you settle on closing your business, I invite you to see the value in the company you’ve built and consider selling it to continue your wealth.
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