Exit ideas?

In 1989 one of my; brother in laws passed away. He had an engineering business with another his life long friend, now he had had cancer for 6 years beaten death a few times before he started the business. So here is someone who needed a clear plan of what was to happen if he passed on. So what happened, it was a mess the two families parted ways no longer friends. Why because there wasn’t a clear communication of what was to happen. There was key-man insurance but all that does is put some money there for the beneficiary that was his wife. There was nothing articulated for the business.

Now in light of last week it made me think what happens if I fall off the perch.

I am a one person business, so even though I don’t have someone to pass the business to. I do need to think about my clients needs. One is not to hard, the other couple are a little harder.

So with Australia Zoo what do they do?

Here was Steve Irwin the face of the Zoo, what happens how do you replace Steve?

Brocky well that is a little different since his business was around cars his son the driver can be the face of the team. Then the business side well then there is any amount of people who know the industry.

The biggest thing is Iconic people leave massive holes to fill. Peter’s business will recover with the right people. The Zoo well there is a lot of trading in on what footage they have in the can. There will be those who want to come and look at the site of Steve’s grave & then his life’s work, so for a time they will be ok. He did have people looking after his business. Now they just need to be careful to pick the right person.

Last year they had the search for the front person for Inxs which was great TV & huge publicity for the band. So now they are on the road the TV show has sold the tickets & the CD of what is happening. It has taken years to find a replacement for Michael Hutchins

We need to think about what we are going t do now, imagine being left with the one you love and then having to deal with something you have no idea about.

It is not bad motivation to do something sooner rather than later