This week we sat down with father and son duo, Trevor and Michael Back. Trevor is a former management consultant and real-estate principal, who recently sold his Sydney Raine & Horne franchise and is now in the process of transitioning into retirement. His son, Michael, runs Human to Human - a consultancy business that helps good financial advice businesses become great, one human interaction at a time.
In this episode we talk about how to successfully fail in business succession. We discuss the conversations the two had about their family business's succession, Michael's decision not to take over the agency, and, instead, how he has helped Trevor sell the business and make a smooth transition into retirement.
FIND OUT MORE:
> Connect with Michael on LinkedIn: https://www.linkedin.com/in/michaeljback/
> Find out more about Human to Human: https://humantohuman.com.au/
ABOUT IT'S NEVER ABOUT MONEY:
Joe Stephan is a Financial Planner with Stephan Independent Advisory, based in Melbourne, Australia: www.siadvisory.com.au
It's Never About Money is powered by Stephan Independent Advisory: www.itsneveraboutmoney.com.au
It's Never About Money is a proud supporter of Cufa: https://www.cufa.org.au/
