Bouncing Back After Challenging Business Sales: Scott Garrison

Navigating the ups and downs of entrepreneurship often involves facing unexpected challenges, including the sale of a business. We interviewed Scott Garrison, founder and CEO of Planned Exits LLC. He shared his experiences and a life time of wisdom. In particular, we talked about coming back in the aftermath of a challenging business sale. Additionally, we discussed the downfall of Stria and discovered invaluable insights for bouncing back stronger than ever.

Introduction: Scott Garrison’s Journey of Resilience

Scott Garrison’s entrepreneurial journey is a testament to the resilience and determination required to thrive in the ever-changing landscape of business. Scott has weathered numerous challenges throughout his career. His story offers inspiration and valuable lessons for aspiring entrepreneurs facing their own trials and tribulations.

Bouncing Back After a Challenging Business Sale

The sale of a business is a complex and emotionally taxing process, often fraught with unexpected hurdles and setbacks. Scott’s firsthand experience with challenging business sales provides valuable insights. He shares how to be resilient, persevere, and the power of bouncing back stronger than ever.

Founder & Owner of Planned Exits, Scott Garrison in Bakersfield, CA in. He talks about bouncing back after a challenging business sale. He is wearing a suit and used to be the Vice President of Sales and Marketing at Stria in Bakersfield, CA before it was shut down.
Founder & Owner of Planned Exits, Scott Garrison in Bakersfield, CA in. He talks about bouncing back after a challenging business sale.

Bouncing Back from Setbacks

Scott’s journey demonstrates the importance of embracing failure as a learning opportunity. Garrison was previously the Vice President of Sales and Marketing at Stria, a business process outsourcing (BPO) company. However, when the company spontaneously closed its own doors and laid off its entire workforce – 130 people — he was caught in the middle. Scott did his best to prioritize the people who worked for him in the aftermath. Rather than dwelling on setbacks, Scott encourages entrepreneurs to extract valuable lessons from their experiences. He insists these lessons help business owners inform their future decisions and actions.

Resilience in the Face of Adversity

Despite encountering obstacles during the sale of his business, Scott remained resilient and determined to overcome challenges. His unwavering commitment to his goals, coupled with a positive mindset, enabled him to navigate through turbulent times and emerge stronger on the other side.

Leveraging Support Networks

Throughout his journey, Scott leaned on the support of mentors, advisors, and peers to navigate through challenges and setbacks. By surrounding himself with a strong support network, Scott was able to gain valuable insights, perspective, and encouragement during difficult times.

Key Takeaways and Insights

  • Embracing Failure as a Catalyst for Growth: Scott’s experience highlights the importance of reframing failure as an opportunity for growth and self-improvement. By embracing setbacks and learning from mistakes, entrepreneurs can emerge stronger and more resilient in the long run.
  • Maintaining a Positive Mindset: Scott’s unwavering optimism and resilience serve as a reminder of the importance of maintaining a positive mindset, even in the face of adversity. By focusing on solutions rather than problems, entrepreneurs can overcome obstacles and achieve their goals.
  • Seeking Support and Guidance: Scott’s reliance on his support network underscores the importance of seeking guidance and advice from mentors, advisors, and peers. By leveraging the collective wisdom and experience of others, entrepreneurs can navigate through challenges more effectively.

Connect with Scott Garrison

Are you facing challenges in your entrepreneurial journey or navigating through a difficult business sale? Connect with Scott Garrison for personalized guidance, support, and expert insights. Schedule a free consultation or follow Scott on social media to stay updated on the latest resources and strategies for overcoming obstacles and achieving success.

Conclusion: Rising Stronger from Adversity

In the face of challenges and setbacks, it’s essential to remain resilience, maintain a positive mindset, and seek support from others. Garrison’s journey of bouncing back after a challenging business sale is a powerful reminder of the determination required to succeed in entrepreneurship. As you navigate through your own entrepreneurial journey, remember setbacks are not the end of the road but rather opportunities for growth, learning, and ultimately, success.

Check us out on YouTube, Facebook, Instagram, or LinkedIn

Reach out to our guest: Planned Exits