John interviews Michael Vann, at the Vann Group, a strategic consultant that helps small and mid size businesses to build, maximize, and realize their full value. On this episode, Michael shares his insight into what it looks like for second or third generation family members to buy out a family run business. Michael shares the multiple stages of succession planning, and gives some advice for those who have opened "Pandora's Box," as he puts it. Be sure to check out their website or purchase Michaels new book on Amazon. Website: https://vann-group.com/ Book: https://www.amazon.com/Buying-Out-Boss-Successors-Succession/dp/1544511302