Dreamcatchers

Are you planning your 7-figure exit but need help figuring out where to start? Mark J. Dorman joins Jerome to share his story and expertise on successfully exiting a business. He's achieved over a hundred exits and wants to help other business owners do the same. He provides a five-step process to help people make the most out of their assets.  Mark's journey exemplifies the importance of having good advisors and being prepared for the unintended consequences of exiting a business. He encourages listeners to think beyond selling out and explore options like reinvesting in the business, hiring more talented people, or getting distributions forever. This conversation also dives into the emotional and psychological challenges of transitioning out of business, discussing books like Finish Big by Bo Burlingham and Trapped in the Family Business by Dr. Michael Klein, which speak to these issues. Mark also emphasizes the importance of recognizing the value of your business asset and leveraging it for financial secu