DecaMillionaire Decoded

Business Owner Success: Giving Away the Family Business with Dr. Tom Deans

Aug 22, 2024 · 29 min · Episode 528 · 28.8 MB
0:00-29:45

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In this episode, Justin sits down with Dr. Tom Deans, a renowned speaker and author on the subject of family business transitions. They discuss the complexities of passing down family businesses, the importance of selling businesses at full market value, and the pitfalls of keeping wealth concentrated in a single, illiquid asset. Dr. Deans shares his personal journey and the lessons he has learned from running and selling multiple family businesses.