How to Make Succession Planning Effective | 813

“One-third of your time as a leader should be spent training your replacement.” — Dave Lorenzo

What You’ll Discover Today:

Succession planning is often buried in corporate-speak and theory. But if you want to increase your business value and protect your legacy, you need a practical, repeatable approach that actually works. In this episode, Dave Lorenzo gives you a blueprint based on real-world experience as a hotel executive and growth consultant to family businesses.

Key Topics Discussed:

• Why theoretical succession plans fail
• How to outline a job role for effective training
• Using a daily checklist to boost accountability
• The simple time-tracking method that builds better systems
• How to turn calendar data into a training curriculum
• Why every manager should spend one-third of their time training others
• The direct link between succession planning and business valuation
• How Exit Success Lab builds leadership pipelines with every client

Links and Resources:

• Subscribe via Email: GetInsideBS.com
• Listen on Spotify: Inside BS Show on Spotify
• Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
• Call Us: (305) 692-5531

Call to Action:

Spend one-third of your time preparing your successor. It’s the single most valuable investment you can make in your business. Subscribe to the show, leave a review, and forward this episode to another family business owner today.