Most business owners create something great but leave their succession planning and exit to chance. In Succession by Design, Jim Erben delivers the ultimate guide that offers practical advice and a clear path to preserving value, preventing conflict, and shaping a transition that strengthens your business, supports your family, and protects your legacy. This is a must-read for owners who want clarity, control, and an exit done right.
Description
Succession by Design shows business owners how to turn years of hard work into a lasting legacy, creating peace of mind for their families, security for their teams, and the freedom to exit on their own terms.
Most business owners spend years building their companies—but few prepare for how they’ll step away. The result? Lost value, family conflict, and legacies left to chance. In Succession by Design, veteran advisor Jim Erben shows you how to avoid becoming another statistic and instead craft a future you’ll be proud of.
With clarity and compassion, Erben shares real-life stories of both caution and success, revealing the roadmap every owner needs to transition their business with confidence. From calculating your “Happily Ever After Wealth Number” to protecting your team and securing your family’s future, this book equips you to exit not by default, but by design.
Whether you’re preparing to retire, pass your business to the next generation, or simply want to be ready for the unexpected, Succession by Design gives you the tools to safeguard your hard work and leave an enduring legacy.
You will learn:
· Why every business—no matter its size—needs a written succession plan.
· How to calculate your “Happily Ever After Wealth Number.”
· Ways to determine and maximize your business’s true market value.
· Steps to create continuity and emergency operating plans that protect family, staff, and clients.
· Proven strategies to align personal wealth with exit goals.
· How to build a succession “dream team” of advisors.
· What it means to leave not only financial security but also an enduring legacy.
With Succession by Design, you’ll gain the clarity and confidence to make intentional choices about your future—and the future of your business.
Reviews
Succession by Design is a clear, practical road map for any business owner who wishes to exit on purpose, rather than by accident. Jim Erben translates decades of experience into a solid framework that is both relatable and actionable through the telling of memorable vignettes such as Mary’s catastrophic “lightning strike” and Clint’s insistence on a well-packed parachute. Jim shows exactly why fewer than one in five business owners having a written succession plan is a looming crisis and, more important, how to fix it.
Over the past twenty-five years, I have had the unique opportunity to watch Jim Erben lead with empathy, insight, and an unwavering commitment to helping business owners live the life they worked for. In Succession by Design, Jim distills that experience into a powerful framework that recognizes no two journeys—or transitions—are the same. His compassion for the individual behind the business, paired with his deep strategic insight, makes this book an essential guide for anyone navigating the financial and emotional realities of succession.
Jim Erben has guided my family business for years, helping us protect what we have built and design a succession plan that reflects our values. In Succession by Design, he delivers the same clear, practical framework that has been invaluable to us.
Most owners spend a lifetime building their companies but rarely plan for how they will step away. Jim shows how to avoid that mistake. With true stories, smart strategies, and a compassionate approach, he gives business owners the tools to exit on their terms and preserve their legacy.
This book is essential reading for anyone who wants to transition their business with confidence and intention.