start thinking about “the fun factor.”
by august j. aquila
aquila global advisers
no heir apparent – what does the small firm do? unfortunately there is no silver bullet or magic solution to solve this problem.
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i do, however, have some solid suggestions that may help you work through the problem. and, if you start sooner than later, you will have a better chance of successfully passing the baton to someone else.
how do i know it’s time to sell or merge? there is perhaps one key indicator that it’s time for you to move on or do something else. i call it the “fun factor.”