In this episode, our host Bob welcomes Josh Perlman, Managing Director of the Gig Exec, to explore sustainable business practices for traditional industries. They discuss the significance of strategic leadership in maintaining business continuity, sharing tactics for transferring business leadership to the next generation and creating passive income streams. Bob and Josh also delve into the importance of operational independence, focusing on the necessity for businesses to modernize and automate processes to sustain growth and manage transitions effectively. Josh introduces his initiatives at the Gig Exec aimed at providing senior executive experiences to small businesses. Stay tuned for future episodes for more insights on building resilient and sustainable businesses.       Episode Highlights: 00:00 Welcome to The Wealthy Entrepreneur Podcast 02:41 Transferring Businesses to the Next Generation and Avoiding Common Pitfalls 05:15 Modernizing Businesses for Long-term Success 10:07 Challenges and Barriers to Successful Business Transitions 13:48 Selling a $20 Million Company, Minimizing Risk, and Preparing for Exit 18:06 Improving Business Efficiency, Sustainability, and Employee Satisfaction 24:01 Building a Sustainable Business With Value     About the Guest:Josh Perlman is a seasoned business executive with over 20 years of experience in shaping resilient businesses across various industries. He has held executive roles including CEO, COO, President, and Senior Vice President, with expertise in operations, sales, and product development management. Josh's career is marked by his dedication to bridging the talent gap for small businesses and startups, inspiring him to establish The Gig Exec. His mission is to make senior-level executive experience accessible to small, innovative companies, and family businesses, not just tech startups and large corporations. Currently, Josh is the Managing Director at The Gig Exec and the Founder & President of BËTR Productions, continuing his journey of empowering businesses with strategic leadership and innovative solutions. Skills and Achievements: Expertise in cross-functional team leadership, communication, operations management, strategy, training, and development. Recognized for creating innovative solutions and implementing growth strategies. Pioneered groundbreaking products and services in the event production industry. Successfully navigated companies through periods of change and growth, particularly during the COVID pandemic. Connect with Josh: LinkedIn: https://www.linkedin.com/in/joshperlman31/        Resources: Visit his website: www.thegigexec.com Visit the Million Dollar Year Website: https://www.milliondollaryear.ca/  Download The Wealthy Entrepreneur (digital book) for FREE: https://www.milliondollaryear.ca/wealthy-entrepreneur/opt-in  Like our Facebook Page at https://www.facebook.com/milliondollaryearprogram  Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa  For more podcast episodes, subscribe to our Youtube Channel at https://www.youtube.com/@milliondollaryearprogram. Let’s continue to work on becoming a Wealthy Entrepreneur!See omnystudio.com/listener for privacy information.