My business is different from the examples and case studies you show on your site. Does this work in my industry or specific business situation?
The short answer is: yes if you want it to work. We have successfully helped a wide range of business owners in a very diverse range of business categories to get back their freedom without selling the business or working themselves to death.
Even if you think your business is different, or that you have built it in a way that only you can properly run it, we can assume the following: businesses are more the same than different. All businesses have vendors, customers, and employees. That makes high-level principles like Half-Retire work for any business as long as you can adjust principles to meet the needs of your specific situation.
If you are still unsure if your business is a fit, please schedule a free exploratory call here to discuss further.
My business is too big/too complex for me to realistically Half-Retire
The concepts and frameworks in the Half-Retire program can work for any business size or any CEO. Of course, every business is different, and every CEO has a unique situation. However, Half-Retire is not about the business; it’s about you.
It is changing the way you CEO the business that allows you to Half-Retire, not the nature of the business and its operational idiosyncrasies. That’s why we assign a "Half-Retire Guide" to work with you on your Personal Half-Retire Blueprint, 100% customized to your specific needs.
Is my business too small?
If you are a just one-person business, some of the strategies found in the Half-Retire playbook may not be applicable. But, most of the training in the program applies to any CEO, not just those with lots of people whom to delegate.
By the way, Half-Retire is not just about delegation. Saying, “I am going to Half-Retire, so I’m going to delegate more,” is like saying “I’m going to create a successful business, I opened the bank account.” Half-Retirement requires you to change the way you CEO the business, not just push your work onto others. It's a comprehensive master plan to harvest the value you have already created without selling your business, no matter the size.
What if I run a family business?
You are not alone. Family tends to make business issues more complicated, but that’s alright. We have dealt with many family business situations, and you’ll be pleasantly surprised how well Half-Retirement suits family businesses. It offers an additional exit option that may be better than an outright sale or passing the business to the kids.
How long does it take to Half-Retire?
Like most thing in life, there is no "easy" button to Half-Retire. The good news is that we’ve already made Half-Retirement a step-by-step process that you can check off the boxes as you accomplish the goals.
We have had business owners cut their workload significantly in a month or so. Others have taken a bit more, 3 to 5 months or even longer. Just keep in mind that whatever time it takes, every bit of progress you make towards Half-Retirement will lessen your workload and stress. There’s nothing but upside to the process.
How quickly you move to working only two half-days a week depends upon: How motivated are you? Does your family support your Half-Retirement goal? Are you open to adopting the Half-Retire Mindsets or will you do things the hard and slow way? How much time can you give Half-Retirement?
The more aligned these variables, the faster you can Half-Retire.
Cant I just find someone to do my job/delegate my work to?
Sure, but that will solve only 10% of the problem. Half-Retirement encompasses much more than pushing your job onto someone else.
Half-Retirement involves changing the way you work and the way the business works to harvest the value you have already created. You must adjust your business model, your operational systems, your mindsets, your management systems, your work routine, and, of course, delegate a little.
Can I sell my business later if I HR?
Absolutely! Keeping the business income and selling at a later date can be one of the best aspects of Half-Retirement. When you Half-Retire, you make the business less dependent upon you. This makes the business more valuable and more sellable. If you are considering selling your business, you can extract maximum value by Half-Retiring for a few years and then selling the business later. It can be worth millions.
Do I have to be over 60 to Half-Retire?
No. The benefits of Half-Retirement may be more pronounced as you approach retirement age, but anyone can Half-Retire. We have clients in their 30’s and 40’s who have Half-Retired. Half-Retirement allows the business owner to untangle themselves from the day-to-day demands and stresses of the business. You don’t have to be 60 to enjoy the benefits of that.
The work I do is complicated; I don’t think I can delegate it.
Everyone feels this way when they start. Once they adopt the Half-Retire mindsets, reboot their thinking, and learn the system, they say, “Shoot, I’ve been wasting all this time thinking I had to do X.”
Food for thought: If getting rid of your work was as simple as delegating it, wouldn’t you have already done so?
I like the idea, but I’m too busy
!We get it. There’s no time for one more thing to do. You already feel overloaded.
One of the first lessons in the Half-Retire Program is called “Time Manufacturing.” We are business owners too. We understand that you can’t possibly add another to-do to an already-too-long list of tasks. In this lesson, we show you the system other business owners have used to cut 5-10 hours a week from their task responsibilities. This will break the never-ending cycle of busyness and jumpstart your Half-Retirement.
Ask yourself, if you keep going like you are for five more years, what will it cost you financially, mentally, and physically. Time is running out on your ability to gracefully exit your business. Don’t make excuses. Take action today!