Transitioning Out Of A Business – Tom Garrity

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You founded it. You built it. And now you have no idea what to do with it as you age.

Join us on this episode to get clarity on what’s going on and what you can do to transition out of your business and thrive.

NOTE: Although this episode touches primarily on the dynamics of transitioning out of a family business, the principles shared can apply to virtually any season of transition you may be facing in your 40-50’s. 

As a growth and transition specialist serving family businesses, Tom helps owners and their leadership teams uncover solutions to the complex and often emotionally‐-charged challenges inherent in a family business that can undermine a healthy culture.

Tom Garrity began his career in customer service with Larson Manufacturing, a family‐-run building materials company. He was promoted to East Coast Logistics Manager, and then later served as a Territory Sales Manager. During his 11-‐year tenure, the company grew from $20,000,000 to well north of $200,000,000. He moved on to become the president and CEO of two other family‐-owned manufacturing companies.

Tom’s extensive business development experience, broad leadership positions and practical financial analysis background became the foundation for Compass Point, launched in 2003, His clients know him for asking the right questions, listening, and getting their teams on the same page to build companies of value and transferability.

When he is not in the trenches with his clients, Tom enjoys golf, tennis, hanging out with his family, and a fall afternoon watching college football.

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