The idea that an individual should retire to a life of leisure, golf, and cruises in the so-called “golden years” is an obsolete idea—an idea who time has passed. As Dr. Ken Dychtwald says in a number of books and articles, “let’s retire retirement”! Bill Ellermyer in an interview with ESEP's Brian Conners explains that extensive research shows that people who retire or “heaven forbid” take an early retirement, greatly reduce their chances of living a long and more importantly, fulfilling life. Frequently individuals who retire with little real purpose after a life of achievement find that a life of leisure, entertainment, and passivity creates a scenario that produces an unwanted result; they become bored sick or worse.
Ten years ago, business owner Mimi Barre, who founded the International Day Spa transferred her business to an ambitious teen-age receptionist, with a dreamCorri Vara. In an interview with Ray Anderson, she explains what motivated her to transfer ownership of her “baby” to this young determined millennial. From the moment she started, Mimi saw that Corri had a keen interest in learning the business. The North-end Baby Boomer mentored Corri; even finding her a job in a Palm Springs Resort Spa to round out her skills. In this episode of Good Hearted Leadership, they discuss the 10-year journey that took Corri from a high-school graduate to one of Redland’s “Influential 40 under 40.”
In a recent interview with ESEP's Dwight Cromie Brian Conners, founder of Consultant Link talks about the hurdles in thinking or planning an exit strategy. As individuals embark on another New Year, many of business owners have taken time out over the holidays to evaluate their progress and make their New Year’s plans and resolutions. Unfortunately, good intentions usually end up being just another dream and a hollow exercise without much follow through.