When It's Time to Innovate and Make Changes in Your Business with Erin Haag (part 2)

This is your chance to hear the other side of the story as Alison continues this two-part mini-series on pivotal changes in business by speaking with Erin Haag, founder of Luxury in Business Retreats.

They discuss Erin's journey in building her retreats and her decision to pass the business to Alison, delving into the motivations that led to this significant transition. Erin reflects on her challenges in managing multiple businesses and her realization that she needed to focus on the future of Luxury in Business Retreats.

Alison and Erin explore the logistics of the acquisition process, emphasizing the importance of intentionality and transparency. Additionally, the two outline the next steps for the retreat business, including upcoming offerings and their shared vision for creating impactful experiences for business leaders. This episode offers valuable insights for anyone considering major changes in their business journey, especially when it comes to buying and selling a business.

HIGHLIGHTS:

2:37 The Decision to Sell

3:04 Erin’s Perspective on Luxury Retreats

5:33 The Internal Struggle

8:30 The Shift in Focus

13:17 Taking Immediate Action

14:32 Assessing Business Opportunities

18:43 The Business Acquisition Process

23:01 Navigating Due Diligence

27:25 Finalizing the Agreement

28:58 The Announcement Strategy

31:14 Reflections on the Transition