5 Strategies for Identifying Replacements for Business Owners (Ep. 104)
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As a business owner, there may come a time when you start to think about who will replace you and when they will replace you.
Whether you have thought about this before or this is the first time you are thinking about it, this episode can help make your transition into retirement much smoother!
In this episode, Tim Scannell covers the steps business owners can take to ensure a smooth transition into retirement by identifying and selecting the right candidate to take over their role. He shares his personal experience and insights on how to interview and evaluate potential candidates, and how to determine if they are a good fit for the business.
Tim discusses:
- How to not limit your business’s dependence on you, the business owner
- How to recruit and mentor suitable candidates who can replace you when you retire, go on vacation, or just need a day off!
- What you should look for in candidates for maximum employee retention
- How to measure a candidate’s “learning agility” during the interview process
- And more
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