Robert Hirsch from Freedom Factory discusses "How to Stay Involved in My Business But Sell the Majority". Listen to the podcast, watch the video http://freedomfactory.libsyn.com/how-to-stay-involved-in-my-business-but-sell-the-majority or read the transcript below. Hi, Robert Hirsch from Freedom Factory again, I just had a truly intriguing email from one of my customers, and long story short, rumors went out amongst their staff members that they were selling the business and he picked not to share that with his group and now it's developed some issues for him. And so I wished to speak to you today about whether you should tell your staff members that you're considering selling your business or not. To me, when I sell among my companies or my guidance on it, it's always honesty and transparency is the best policy. Which's simple to state and tough to do and you comprehend the culture at your business and whether you want to have an all hands conference, whether you want to have an email, whether you wish to discuss it. I enjoy speaking with our staff members about it in a location that's face to face where it gives them the opportunity to speak with me and it offers me the chance to comfort them. Depending on the structure of your company, I generally have benefits or incentives when the business offers, and as a business owner, there's this truly important lesson that I discovered along the way. It's, there's no fun winning when there's nobody to high five, and if you're the only one that wins in the sale of your business and all your workers and the colleagues and the people that have actually offered the years of their life or are anxious or worried about what they're going to do next, frequently you can develop a structure that makes it, that everyone wins and everyone commemorates together and perhaps, a few of your core group is going to wish to come with you. Maybe they transition with the business. Most of the time when a business is acquired, they're going to want to keep the team in place for the continuity. So ultimately, how you pick to resolve this concern depends on you and it depends on your corporate culture. But frequently I'll tell a few essential members early and individuals that are going to help me in the transition, but reports are inevitable, and if you do not talk with your group about it, then the rumors are going to begin coming and after that it's going to come back to bite you like it simply bit my customer in the behind and I like to get out in front of it early. I believe sincere and openness and developing a video game worth winning for everybody is a whole heck of a lot of fun. Because way when you win, you win with everybody. If you have any questions about how to reveal it or what that appears like, simply give us a call at Freedom Factory. Please hit like and subscribe and thank you so much for viewing.