{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Inside BS Show","title":"Exit Planning or Succession Planning? | 822","html":"","width":"100%","height":180,"duration":571,"description":"“Succession planning is about people. Exit planning is about money. If you confuse the two, you'll fail at both.” - Dave Lorenzo\n\nWhat You’ll Discover Today:\n\nIn today’s episode of the Inside BS Show, Dave Lorenzo pulls back the curtain on one of the most misunderstood concepts in business transitions: the difference between succession planning and exit planning. If you’re a business owner, advisor, or consultant, this is the episode that clarifies where your focus should be and when.\n\nToo many people blend these two ideas and end up preparing for neither. Dave explains why that confusion leads to lost value, internal chaos, and missed opportunities.\n\nKey Topics Discussed:\nThe definition and purpose of succession planning: developing internal leaders and ensuring continuity.\nThe focus of exit planning: maximizing enterprise value and preparing for a transfer of ownership.\nWhy most advisors mistakenly treat them as the same process—and the risk that creates.\nReal-world examples of businesses that succeeded by separating the two—and those that failed when they didn’t.\nDave’s three-question test to determine if you’re doing succession or exit planning.\nThe hidden cost of failing to build a bench of leadership.\nHow to time your planning process to create maximum ROI on both the financial and human sides of your business.\nLinks and Resources\nSubscribe via Email: GetInsideBS.com\nListen on Spotify: Inside BS Show on Spotify\nListen on Apple Podcasts: Inside BS Show on Apple\nCall Us: (305) 692-5531\n📞 Call to Action\nMost people confuse succession planning and exit planning until it’s too late.\nDon’t be one of them.\n\nListen to the episode now and then call Dave at (305) 692-5531 to talk about what your business really needs before you're forced into a transition you’re not ready for.","thumbnail_url":"https://img.transistorcdn.com/PiZj2Jvm0A50__OqC5DH07qJG7fmMYBgHzZdsz2P7co/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZDIx/MjEwZDNiZDMwN2Uw/YzJiNjE0ZTNkMmFm/ODZlOC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}