What does it mean when a business is truly “sustainable”? Author Elizabeth Lake Ledoux and contributor Melvin J. Wernimont, Ph. D., tackle that question in “Accelerate Your Entrepreneurial Flight: How to Energize Business Value and Entrepreneurial Growth.” The question is all the more important as baby boomers begin to retire, taking with them the decades of business expertise and experience that have driven the companies they’ve forged over the years.
In “Accelerate Your Entrepreneurial Flight,” Lake Ledoux provides a roadmap to business sustainability, and the premise is simple: you’ll have to train the people around you to rely on you less and less if you want your business to be able to survive without your direct presence, whether you choose to stay or not. The book steers you through the steps of the “Successful Sustainer,” teaching important lessons along the way and addressing the key obstacles most business owners see to building true sustainability.
It encourages you to look within yourself to find out why you haven’t been able to let go of more control yet.
The book does an excellent job of explaining a complicated problem and guiding you through simple solutions. It outlines the tough decisions that may be ahead, and it encourages you to look within yourself to find out why you haven’t been able to let go of more control yet. The result is a thought-provoking book filled with practical steps that will leave you with an entirely different perspective on your business, your future, and even your life.
Lake Ledoux has been working as a business consultant for the past 22 years, and one of her focuses has been helping business owners successfully navigate the succession process. Lake Ledoux and Wenimont’s ‘The Entrepreneurial Flight’ model for the development of entrepreneurs has been highly recognized. A number of heads of department and faculty at Harvard Business School recently recognized this model as leading-edge thinking for private businesses. Lake Ledoux also serves as a speaker for our TEC groups, passing on her knowledge and experience to our members. This extensive experience makes her an authority on how to make your business sustainable.