Home Business News – Derek Gehl Announces Retirement

Just got an interesting email today. Derek Gehl has announced his retirement as CEO of IMC. Okay, you're probably thinking … "That's nice, but what does this have to do with me?" Well, it has more to do with you and the future of your business than you realize. Keep reading and you'll understand what I'm talking about.

In spite of the fact that Derek Gehl is retiring, IMC is still going on. I'm sure his replacements are already in place. The company will most likely go on without missing a beat. Truth is, after the unfortunate passing of Cory Rudl, Derek stepped up to the plate and kept things going himself. So IMC will go on with or without Derek Gehl. But again, you're probably thinking, "What does this have to do with me?"

Nobody knows about life and death. Today I went to the funeral of a good friend of mine. She actually was partly responsible for saving my life several years ago. But what if she had not? What would have happened to my business? Where would you be today? What about YOUR business? Where would it be if something were to happen to you? Would it go on? Would it even matter?

It's not something that we like to think about, but having a backup plan for running our business in the event of our passing is something that we really DO need to think about. There is so much to cover. Forget about the running of the business itself. What about tax time? What about having somebody being accountable for your debts? What about all the secret passwords and web sites? Does your family know where they all are? Do they even have a phone number to call in order to get info from?

I know it's not a pleasant subject, but like it or not … nothing lasts forever … especially not us.

So make sure you're prepared to have YOUR business go on without you.

To YOUR Success,

Steven Wagenheim