In this video, Joe Jankowski, a respected family business owner and the Managing Member of Armatus Dealer Uplift, the nation’s premier Retail Warranty Reimbursement service provider, shares invaluable insights for business owners skeptical about investing in succession planning.
Business Longevity & ROI:
Learn from Joe about the significance of having your family business as your largest asset. Joe shares how succession planning enabled him to guarantee the longevity of his business, enabling him to hold onto his “baby” while reaping significant returns on his investment.
Youthful Energy & Mentorship:
Explore Joe’s perspective on the unique rewards of succession planning. Learn about his joy in bringing youthful energy into the company, mentoring the next generation, and witnessing their growth. Understand how this shift in focus from profit to personal and professional development has transformed his business outlook.
The Best Paycheck:
Discover Joe’s profound realization that the fulfillment derived from succession planning extends beyond monetary gains. Understand his emphasis on the experience of mentoring and shaping future leaders as the most rewarding aspect, surpassing any financial compensation.
Navigating Family Dynamics:
Listen to Joe’s insights on maintaining a healthy father-son relationship within the business context. Gain valuable insights on how Joe required his children pursued success outside the family business before joining. Learn how this strategy not only preserved their personal relationship but also strengthened it, fostering a positive and collaborative environment.
Personal Connection & Business Growth:
Join Joe as he discusses the positive impact succession planning has had on his relationship with his son, Jordan. Despite the business ties, their personal bond flourished, leading to shared experiences at auto dealer conferences, moments of laughter, and genuine enjoyment of each other’s company.
For more insight:
Visit the “Armatus Dealer Uplift Succession Journey” discussion page or select one of the additional episodes of the series below:
- Navigating Succession Planning: A Journey of Innovation & Leadership
- Lessons in Succession: From CFO to Family Business Owner
- Beyond Generations: A Blueprint for Family Business Succession Sucess
- Mastering Family Business Succession: Armauts Dealer Uplift Case Study
- Succession Secrets: Key Insights for Seamless Leadership Transition
- Family Business Succession Planning: Armatus Dealer Uplift’s Journey
- Succession Planning Insights: Navigating the Entrepreneur’s Dilemma
- Succession Planning Success: Insights from Joe Jankowski
- Succession Planning Transformation: Joe Jankowski’s Inspirational Journey
- Succession Planning in Family Business: First-Hand Experience
Resources
- Joe Jankowski – Armatus Dealer Uplift: Serving car dealers. Generate revenue without investment, risk, or significant time commitment with Retail Warranty Reimbursement for parts.
- Client Success Stories: Family business owners from various industries share their first-hand succession planning experience.
- Succession Readiness Survey: A 7-minute investment in time will put you in an informed position of opportunities many business owners overlook, impacting business value, growth, and lifestyle and ultimately achieving your vision.
- Contact a Succession Planner: The Rawls Group can help you with insights and other resources and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas to apply to your business immediately.
The Succession Planning Matrix
The Succession Planning Matrix
Many people put off succession planning because they think it means retirement, exit, and the end. However; succession planning is just the beginning. It gives the owner options in terms of what “their next” looks like, whether that be growth, philanthropy, or a new business venture. Our process focuses are addressing 10 key areas of what we call the Succession Matrix.
Click the following link for more drill-down resources on The Succession Matrix, or check out our Facebook post.
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We can help you with insights, other resources, and see if it makes sense to work together. At the very least, in 30 minutes, you may get some ideas you can apply to your business right away.
