026: Reverse Engineering Your Business for Success with Certified Management Consultant, Daniel Feiman

We’ve had the pleasure of sitting down with the accomplished Dan Feiman, a commercial banking veteran turned consultant and educator at UCLA Extension. Feiman shares his journey from a thriving career in banking to launching his own successful consulting firm, bringing to life the principles of finance in a relatable, real-world way.

Feiman’s expertise doesn’t stop at finance; he’s also a seasoned guide in the world of succession planning. Throughout our conversation, we get a taste of his nuanced approach, which focuses not just on exit strategies but on a comprehensive six-step process designed to optimize business operations and cultivate future leaders. 

The value of connections and entrepreneurial risks form the bedrock of our discussion towards the end. Whether you’re an entrepreneur, a business owner, or simply curious about the world of finance and succession planning, this episode promises to provide a wealth of wisdom.

In this episode, you will hear about:

• Feiman’s approach to succession planning.
• How transitioning to virtual teaching during the pandemic provided Feiman with valuable insights into maintaining service continuity in challenging times.
• The value of connections and entrepreneurial risks.
• Feiman’s strategic assessment process.
• The importance of succession planning as a long-term leadership development plan and the value of the planning process over the final document.

Resources from this Episode:

• TonaLaw: https://tonalaw.com/
• Daniel Feiman Website: https://www.builditbackwards.com/ 
• LinkedIn: https://www.linkedin.com/in/danielfeimanbuilditbackwards1/ 
• His Books: https://www.amazon.com/Book-Business-Important-Answers-Know/dp/0981977375#:~:text=Book%20on%20.%20.%20.-,Business%20from%20A%20to%20Z%3B%20The%20260%20Most%20Important%20Answers,asked%20questions%20and%20their%20answers 

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