Start with that seemingly simple but very challenging living legacy as defined by Warren Buffett. If you don’t have that - no matter how much money you have - you won’t enjoy retirement.
As the owner of a construction business, what do you want your legacy to be in retirement and beyond?
Here are the basics. How would you fill in the details?
- Your business is structured for continued success 20+ years after you have left. If done well, you have created a culture of succession, ensuring success for several generations to come.
- There are people in your life, in your business, and in the construction industry who would point to you as a mentor and confidant in helping them build their lives and careers.
- How are people talking about you now? How do you want them talking about you in five years? In 20 years?
“A society grows great when old men plant trees whose shade they know they shall never sit in.”
This is Part 7 of a 15-Part Series
Topics Covered in the Series Include:
- Transferring Your Knowledge to the Team
- Where to Turn for a Helping Hand
- Post-Retirement Business Involvement
- Success & Risk
- The Ideal Lifestyle for the Retiring Contractor
Interested in learning more? Contact us.