Full Episode Page: Abby Donnelly: Business Succession Planning, Leadership Transitions, and Life After ExitNick Berry sits down with Abby Donnelly to reveal why true business succession planning starts long before a term sheet appears. They explore values-based selling, internal versus external successors, the messy emotions behind ownership transfer, and Abby’s portfolio life model for a meaningful next chapter. Expect actionable insights and a few “never thought of that” moments.Find OutHow to prepare early for a smooth, profitable successionWhat values-based selling means for your exit priceWhether insiders or outsiders best match your exit goalsHer take on grooming leaders into confident successorsBest and worst ways to design a portfolio lifeLinksThe Leadership and Legacy GroupAn Insider’s Guide to Succession and ExitAbby Donnelly on LinkedInChapters 03:50 The Business Exit Transition Process 06:14 Identifying Successors 08:48 Financial Dynamics of Business Exit & Succession 12:00 Internal vs. External Successors 14:50 Leadership Transition & Successor Development 17:31 Portfolio Life Plan for Owners 20:20 Crafting Your Storyline for the Next Chapter 23:34 Recognizing Transferable Skills After Selling 31:34 Factors for a Successful Business Exit 33:46 Start with the End in Mind 37:46 The Challenge of Transitioning Out of Ownership 41:53 Ownership vs. Leadership in Succession Planning 45:09 The Holistic Approach to Business Succession and ExitToo many priorities, not enough clarity? In ~6 minutes, get a free 90-Day Business Growth Roadmap: your stage snapshot, the single constraint to fix now, your top 3 moves, and a week-by-week plan you can start Monday. Grab yours: https://www.nickberry.info/roadmapNew here? Meet entrepreneur and business advisor Nick Berry.The Business Owner's Journey podcast is where entrepreneurs, leaders, and innovators join entrepreneur Nick Berry to share stories, challenges, and strategies from their journeys as business owners. Nick Berry is an entrepreneur and business advisor, known for creating the Business Alignment System™ and 5 Stages of the Business Owner’s Journey. He offers a (free) personalized 90-Day Business Growth Roadmap telling you exactly where you are today and what specific steps to take next. Official: NickBerry.info. tBOJ is hosted by Nick Berry, produced by Nick Berry, Kelly Berry & FCG. Sponsors: Redesigned.Business, FR, Entrepreneur's Edge