Testimonials from readers of
50 Hurdles: Business Transition Simplified
50 Hurdles: Business Transition Simplified is different from other family business transition literature. It emphasizes the importance of focusing first on the family business in the current new economic, financial markets, and business sectors normal that we are experiencing in the face of ongoing globalization, technology advances, and business consolidation.
As we are now well into what many estimate will be a trillion dollar transfer of wealth in Canada, succession planning has become the major challenge for many families and their businesses. Warren Berger astutely observed, “We’re all hungry for the right answers; but first we have to ask the right questions”. In a short, provocative and profound little book, “50 Hurdles”, Ian Campbell, Canada’s “dean” of business valuation, and Chris Nobes set out a process that entrepreneurs, family members, and their advisors will find invaluable in preparing for this transition. While family businesses and business families share much in common, each is unique. 50 Hurdles does not attempt to provide generic answers, but rather focuses the reader to “ask the right questions”. Accordingly it should be read, and reread, by everyone involved in the difficult, but potentially successful and satisfying process of a business transition.Mediator + Arbitrator | Corporate Director
"50 Hurdles: Business Transition Simplified provides business owners and their advisers readable, accessible and authoritative business transition guidance. Normally the only way to get advice steeped in this much experience is to pay $300 to $800 dollars an hour. I could not put the book down and read it one sitting."Succession (Tax Counsel)
"A must read for any one doing business with Entrepreneurs, professionals or involved with succession planning for family business. There are a lot of simple concepts that are helpful in the planning process for change in a business. I have given the book to some of my top clients and their chartered accountants. This book has helped me to secure some large life insurance sales and open the door to some new cases. Ian is one of Canada’s most respected business valuators and his book 50 Hurdles – Business transition simplified can assist many Canadians in privately owned business succession planning."Life Insurance Executive
"What is really different about this impressive book is that it is written by someone who has seen so many family and personal problems that can arise in a business transition. That knowledge is the missing link in succession planning. All of the other books I have read give tax or legal advice, but leave out the personal psychological hurdles that families face, and for sure do not educate the family on how to enhance business value. Absolutely a great book."Business Evaluation Systems
“There are many who would presume to call themselves “experts” in this field, but Ian Campbell is one of the very few who can legitimately lay claim to that title. Drawing upon Ian’s decades of advisory experience with privately-held companies, along with his keen understanding of human behaviour, ’50 Hurdles’ provides invaluable insight into the factors which will ultimately determine the success or failure of a business transition. Anyone who owns a private business would benefit greatly from a thorough read of this book and reflecting on its implications for their own transition process. At the same time, the book will help their advisers to better work with their clients on transition issues.”President, CFA Society
“In today's news there are many articles related to Exit Planning for the business owner. The Book 50 Hurdles by Ian Campbell should be the business owner’s first read. I own two companies and am involved with numerous business transactions. Campbell’s book can minimize risk, maximize dollars and save on emotional wear and tear.”
“50 Hurdles offers essential and timely advice for both business owners and advisors-alike in a very practical, straight-forward and comprehensive framework. It serves equally well as a wake-up call for those less familiar about business transition as it does a reference manual for those more experienced with the process. I have started recommending it as a ‘must read’ for Family Enterprise Clients prior to starting our process with them. It provides a valuable roadmap while also setting realistic expectations for a very steep hill to climb. Thank you Ian for sharing your expertise and decades of accumulated experience with us.“Strategy Specialist | Doug’s Unlimited Inc.
“50 Hurdles is an essential read for business transition advisors, lawyers, accountants and business families. It methodically and thoroughly dissects the component elements of successful business transition into manageably discrete concepts. Then, the various hurdles every transitioning business may face are categorized by organizing concepts such as fundamental, family and high-level hurdles. It is an excellent compendium for business transition process and discussion.”Family Wealth Strategist
“This book is a must read for all business owners, especially those that are still some years from retirement. 50 Hurdles makes it clear that the passing of ownership to either the next generation or a third party is not an event, but a transition process, best planned and executed over a period of years.”Timoridge Group Inc.
“Any professional that advises families on business transition should have to read this book and keep it on their shelf as a reference. It thoughtfully organizes 50 potential problems that we will all encounter at one point or another with our clients. I applaud Ian for taking the time to put these concepts together to advance our ability to help owners succeed.”Entrepreneur and Investor