Let's discuss business endurance and its impact on your company. Business endurance refers to the ability to weather storms, adapt to changing environments, and maintain consistent growth.
According to a report by the Canadian Federation of Independent Business (CFIB), 76% of small business owners plan to exit their businesses within the next decade. The primary reasons for their departure are:
- **Retirement:** 75% of business owners cite retirement as their reason for leaving.
- **Burnout:** 22% of business owners feel burned out.
- **Stepping back:** 21% of business owners want to reduce their responsibilities as owners.
However, only 9% of business owners have a formal succession plan in place.
Steven Pivnik is a sought-after keynote speaker, best-selling author, and business advisor, known for his expertise in the Information Technology sector. He grew his last company, Binary Tree, to over 200 employees across twelve countries before successfully selling it to a $4 billion competitor, Quest Software. When he’s not delivering keynote speeches or climbing one of the seven summits, Steven advises founders and entrepreneurs looking to navigate similar growth and exit strategies.
With a diverse background in business and endurance sports, Steven offers a unique and engaging perspective on overcoming challenges and achieving remarkable success. His journey from Eastern European immigrant to successful entrepreneur and endurance athlete gives him invaluable insights.
Steven’s combination of practical business advice and inspirational storytelling leaves audiences energized and motivated to pursue excellence in both business and life.
For more information: https://stevenpivnik.com/
LinkedIn: @StevenPivnik
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