In this solo episode, Elizabeth Ledoux tackles one of the most challenging aspects of business transition: the false choice between legacy and harmony.
Elizabeth defines legacy as what you leave behind - your business, impact, wealth, and the imprint of your effort and values. Harmony, on the other hand, is how you leave it behind - focusing on relationships, emotional well-being, and unity among all stakeholders.
Many business owners believe they must choose between building a solid legacy and maintaining harmonious relationships. Elizabeth explains why this limiting belief can damage transitions and shares practical strategies for achieving both.
Key topics covered include:
Elizabeth also introduces the Evolve program, designed to support business owners and successors through their transition journeys while maintaining both legacy and harmony.
Chapters in this episode:
(00:00) Introduction to Legacy and Harmony
(02:41) Defining Legacy and Harmony
(05:54) The Importance of Harmony in Business Transitions
(09:51) The Role of Communication in Achieving Harmony
(13:33) Listening and Understanding Perspectives
(17:47) Leading with a New Goal
(21:47) Creating a Roadmap for Legacy and Harmony
(24:43) Invitation to Evolve Program
Connect with Elizabeth Ledoux and the Transition Strategists:
Website: https://transitionstrategists.com/
Facebook: https://www.facebook.com/thetransitionstrategists
Elizabeth on LinkedIn: https://www.linkedin.com/in/elizabethledoux/
Transition Strategists on LinkedIn: https://www.linkedin.com/company/transitionstrategists/
Transition Strategists on YouTube: https://www.youtube.com/@transitionstrategists
Subscribe to "The Business Transition Roadmap with Elizabeth Ledoux" on your favorite podcast player:
Spotify: https://spoti.fi/3MxSYA2
Apple Podcasts: https://apple.co/3IhMMux
Get Elizabeth Ledoux and Laura Chiesman's latest book, "It's A Journey: The MUST-HAVE Roadmap to Successful Succession Planning": https://amzn.to/3oq2LQv
