John Felkins
speaker
3,575 appearances
20 recordings
1 series
first heard Jul 2026
last heard 4d ago
John Felkins’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 20 in all, peaking in Sep 2026 with 11.
Appearances
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Because when people don't have information, they make up stories, usually the worst case scenario stories.
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This is especially true when it comes to succession planning.
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Now, we're going to get into the details of the actual transition plan in the next section, but communication deserves its own conversation because how you communicate the future of the business is just as important as the plan itself.
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If nobody is talking openly about it, everybody starts filling in the blanks themselves.
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Somebody thinks the kids are taking over.
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Somebody else thinks that the business is going to be sold.
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Thinks that they're going to get some ownership in the business.
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We all love movies where the family gathers around at the funeral and the attorney opens the will and everybody's shocked at what's written.
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Well, that might make a great movie.
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It's a terrible business plan.
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The future of the business should not be a mystery.
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You need a plan and you need to communicate the plan and then keep communicating the plan.
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Not everybody's going to love it, but that's not the goal.
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The goal is clarity.
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If somebody is going to be upset, it's much better to work through those emotions while you're alive than leave everyone sorting them out after you're gone.
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So the earlier you start these conversations, the better.
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Here at Ramsey, Dave holds an annual meeting about what will happen when he's gone.
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He jokes.
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Calls it the Monty Python meeting because after so much talk about him dying, he usually ends up telling everybody, I'm feeling much better.
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Showing 1181–1200 of 3,575 · page 60 of 179
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