Carbon Based Business Units

#184: Ralph And Carol Lynn Reflect On Death And Spin Class

Informações:

Synopsis

Nothing Is Certain But Death And Taxes We were going to talk about Carbon Based investing today but decided to record a short episode because we recently lost a friend to a heart attack. His name was Ed, and in addition to being our friend, he was a doctor, avid cyclist and husband. So today we wanted to talk about the thing that nobody ever really wants to talk about – death. How Much Runway Do You Have Left? In the startup world, “runway” usually refers to how much time you have left before you run out of money. But what about your own runway? If you run out of time, will your business survive? Are you prepared for catastrophic loss? Can your business function without you? As entrepreneurs our businesses are often our babies. We invest ourselves in them as the face and brand, but what happens when we’re gone? There comes a time when we’d do a better service to our businesses, clients and families if we detached a bit so we weren’t so central to the business. Are you the only person who knows how things run?