Poised for Exit
Welcome to the Poised for Exit podcast! Poised for Exit is an under 30-minute strategic planning guidance podcast for busy small business owners. Each week you’ll hear certified exit planning advisor, Julie Keyes, talk with a range of entrepreneurs and professionals about preparing your business for a future transition. Guests at every stage of company ownership will share their personal stories and lessons learned about topics such as the anatomy of the exit planning process, developing a growth strategy, how to sell on your terms, exit planning for women small business owners, handling business diversity, and how to sell a family business. Whether you’re planning an exit in the near future or not, this show will provide you with the same action-oriented content that Julie utilizes while consulting with Keyestrategies clients. Building an exit strategy can be overwhelming, especially with all the decisions and details you have to consider. “Poised for Exit” will simplify the process and help you unwrap the unknowns, giving you more confidence in your planning process. Previous episodes are available for download, so if you are new to our show, you can listen to them in any order that suits you. Join us each week for timely, relevant content that will surely impact your business exit outcome! Subscribe to our newsletter below to receive your weekly episode link and stay updated on new strategic planning content. Find “Poised for Exit” on Spotify, Apple Podcasts, Google Play, iHeart Radio, Amazon Music, and others. Thank you to our Sponsors: Sunbelt Business Advisers and JAK CPA's. A special note of thanks to Tyler Keyes who produced the music for the “Poised for Exit” show.
Poised for Exit
Arrowhead Promotion’s Bud Schneider: Pointing the way toward a new generation of leadership!
Arrowhead Promotion’s Bud Schneider: Pointing the way toward a new generation of leadership!
Today’s episode featured the long time leader of a family business in its 3rd generation. The Arrowhead Promotion Company is going strong and looking to the future, as Bud Schneider mentors and guides the new leadership to take over. As a non-family member of a family owned company, Bud truly embraced the role as leader and steward of the family business and its legacy more than most in his position. The family and its ownership have a strong affinity for him as well.
Arrowhead’s work is what Bud would call ‘quiet’ in that it works behind the scenes to connect brands with their desired consumers and does so from most any vertical. For example, if your company has a new product to launch and you’ve built strategy and goals for its successful growth, Arrowhead comes in to implement the strategy and achieve the results you’re looking for with proven and creative tactics that have earned them long term relationships with some of the biggest brands in MN.
Bud spends his time working alongside a leadership team that has become the driver of the business over time. His guidance and advice have been integral in the transition of leadership and they’re not in a hurry to have him gone, but Bud says ‘soon’. The transition planning process all started with their CPA firm advising them that they should get the process of delegation and succession started at least 5 years out, so three years ago, they got serious about it and have remained focused on the success of passing on the torch since then.
Bud plans to spend time in the future doing more of what he loves in the ways of leisure, but still wants to stay productive. That may mean he stays engaged in some way with Arrowhead for years to come; who knows?
Listen to the episode here
Connect with Julie Keyes, Keyestrategies LLC
Founder, Consultant, Author, Pod-caster and Instructor