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The Next Chapter

Written by:  Kraig Ware, VP of Commercial Growth

From time to time as we navigate our life or career we need to step back and ask ourselves a very important question?

What’s the next chapter?

And when we do ask this question…we need a plan to help knock down the barriers that we “assume” are in front of us.  This is important at any stage in your career, as it is pretty hard to accomplish a goal if you do not have one.  This becomes even more important to us as we navigate the short runway towards the end of our careers.  The odds of “success” just falling into your lap, without a goal and a strong plan to obtain it, are pretty slim.  I guess it can happen; however, if that’s our plan, perhaps we can go buy a lotto ticket later today.  But seriously, if you are looking to plan the next chapter in your career, here are “Five Barrier Busters” as written by Don Tebbe that will help.

don tebbeDon Tebbe wrote this great article called “Five Barriers Between You and Your Life’s Next Chapter.”  (Click on the title to read)  As baby boomers reach the tail end of their careers and our life expectancy is getting longer, we need to have a plan to make the most of “The Next Chapter.”  Don lays out five simple barriers that you will need to overcome.  As he puts it:

“Retirement needn’t be an “on-off switch.” You may choose a phased retirement, shifting gradually into “what’s next.”

Here at TYGES, we are looking for a partner in Chicago, IL that is ready for their next chapter.  Are you ready to utilize your industry experience as you gradually shift toward retirement?  If so, give me a call.  If not, we can still be of help as we value long-term relationships and strive to maintain them through out your career working with top-tier clients in the Industrial Manufacturing, AeroSpace, and Defense B2B industries.  For the last 15 years, we have placed north of 1,000 “key” players, helping them on their trajectory toward “The Next Chapter” in their careers.  We can do the same for you.

I encourage your feedback and would like to connect with you on LinkedIn. You can also follow me at twitter @SKraigWare as I focus on striving for excellence within the business world and within our personal lives. Learn more about TYGES at www.TYGES.com, on Twitter @TYGESInt, or here on our blog at https://reinventingrecruiting.com/

Our mission is simple:

We’re here to make good things happen to other people.

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What Is Your Exit Strategy?

by Kraig Ware, VP of Operations, TYGES International

I recently went on a trip and something caught my eye in a different way this time. Like you, I have stayed in many hotels and they all have something in common…an Exit Strategy.

Hotel Fire Exit Plan

They all look pretty similar and clearly communicate two things: #1 Where you are and #2 Where you need to go. When we look at our businesses: #1, where we are, is pretty obvious and easy to define. However, #2 may not be clearly identified by you, much less privy to your team(s).

Larger companies typically have several “Succession Plans” for key employees and/or a group of Board Members to navigate the storm when their leader (a.k.a. Owner, CEO, President) exits the company. In many cases, that leader has a handsome “golden” parachute to ease his or her departure to another company or into retirement. However, what about the multitude of smaller businesses that make up the US economy?

There are almost 28 million small businesses in the US and over 22 million are self employed with no additional payroll or employees. So odds are, this effects you in some way as over 65% of the jobs in the US funnel into the category of a Small Business.

So let me ask you again, “What is your company’s exit strategy?”

I mean you could just close shop and walk away. But what about your team, your customers, your future customers? What about the investment that you are currently making and the potential for future revenue based upon your expertise in your industry or space? Although most of you would think that this option seems crazy to do, this is probably the most common approach (intentionally or unintentionally). More than likely this action would be unintentional or a better way of saying it, “There wasn’t an Exit Plan in place.” Things happen, Right?

Another option is to prepare an Exit Plan that would benefit your customers, your team if applicable, as well as, you and your family. Once this plan is created, it needs to be clearly defined and communicated to key people within your business and/or key people within your world of influence. At TYGES one of our Core Beliefs is:

“Recruiting is an INTENTION business, not a passive business.”

I believe that this statement holds true to any “plan” in your business or within your life. Perhaps you do not know where to start. I would suggest that reach out to key people within your industry, even competitors. Perhaps they already have a plan that they will share or they would possibly be interested in a joint venture, coop, or some other synergy that would be beneficial to all involved.

What thoughts do you have on this subject?  You can find more information about TYGES at www.TYGES.com and here on our blog http://reinventingrecruiting.com/ Our mission is simple:

We’re here to make good things happen to other people.