Exit Planning Case Study Part 1

NORTH TEXAS CHAPTER EVENT

Exit Planning Case Study Part 1


Is Rich prepared for his life after business? Join chapter experts as they dive into Rich Molnar’s wealth gap and lead a discussion on his personal goals and ambitions outside of his business. In this session, you will work through a hands-on case study to build your exit planning acumen. Collaborate with an interdisciplinary team of advisors to gain experience you can directly apply to your practice. 

Learning Objectives:

  • Define the wealth gap equation and calculate Rich’s wealth gap  
  • Determine key players on an exit planning team   
  • Identify personal and financial readiness issues and questions to ask an owner

 

About the Presenter:

Dave Sykes, Founder and principal consultant of New Paradigm Advisors, LLC

Meet the Presenter

 

Thank you to our Sponsors:

EXIT PLANNING IS GOOD BUSINESS STRATEGY

The EPI Local Chapter is different than other groups because it brings together a diverse group of professionals from a wide range of specialties that can naturally work collaboratively on exit planning, succession planning, value growth, transaction or any engagement from both sides of the equation. The chapter meets regularly to network, reconnect, grow knowledge, and sharpen their skills with a common goal: Change the outcome for transitioning business owners. Make plans to join us for future events and connect with the local leadership by visiting www.EPIDallas.org.

About the Presenter


Dave Sykes

Dave Sykes

Founder and principal consultant of New Paradigm Advisors, LLC

Meet Dave Sykes:

Dave is a leadership advisor for mid-size companies seeking to take their business to the next level. With over 40 years’ experience, he has led organizations in conceiving, planning, and implementing dynamic business initiatives that drive significant growth and bottom-line results. Dave’s leadership experience with several businesses in a variety of industries (construction, entertainment, food distribution) makes the difference in helping clients succeed.

His experience with two large national companies helped him as a successful entrepreneur successfully start and sell several companies. His mission now and the reason he started New Paradigm Advisors was to help other business owners achieve the successes he has achieved and to avoid his many scars and failures. He has truly been there and done that and knows from personal experience both the highs and lows of owning, growing, buying and selling a business.

He likes to say his mission is to help business leaders derive maximum benefit from their largest personal asset – their company.

Mr. Sykes is a Certified Exit Planning Advisor (CEPA). He is a graduate of San Diego State University and a Viet Nam Veteran of the United States Navy.

He is an active contributor to:

  • North Texas Chapter of the Exit Planning Institute.
  • The Institute for the Excellence in Corporate Governance (IECG)
  • Gateway Church Kingdom Business Leaders where he is a group facilitator
  • Dallas Area Habitat for Humanity, Habitat University Coordinator and Core Volunteer