Rockwood Wealth Management at 8 Figure Live
John Augenblick joins agency founders in Newport Beach for conversations about business exit planning and preparing for a future sale.
On September 17th, Rockwood’s CEO and Founder, John Augenblick, joined agency founders and industry professionals at 8 Figure Exit Live in Newport Beach, California, sharing insights from his experience helping business owners prepare for and navigate the sale of their companies.
Organized by entrepreneur Jordan Ross, the event brought together successful agency owners to exchange ideas and hear perspectives from professionals who work with founders through different stages of growth and transition. John Augenblick participated as a speaker, breakout session leader, and panelist, focusing on the financial complexities and planning opportunities surrounding the sale of a business.
In his presentation, The $10 Million Mistake: A Case Study, John explored how the headline price of a business sale can differ significantly from the value ultimately realized by a founder and their family. Using a composite agency case study, he discussed how factors including quality of earnings, deal structure, taxes, and pre-sale planning can influence that outcome. His central message: “The most valuable day in your exit is not closing day. It is the day a few years earlier when you still have choices.”
Beyond the formal sessions, we appreciated the opportunity to meet agency founders from across the country, learn more about the businesses they have built, and hear firsthand about the opportunities and challenges they are navigating.
These are many of the same conversations we have with business owners at Rockwood. Selling a company is more than a business transaction; for many founders, it is also one of the most significant personal and financial transitions of their lives. Thoughtful planning before a sale can help business owners prepare not only for the transaction itself, but for their family, goals, and life that come next.
About Rockwood Wealth Management
Rockwood Wealth Management is an independent wealth management firm based in New Hope, Pennsylvania. The firm provides investment management and comprehensive financial planning to individuals, families, and business owners preparing for or navigating significant liquidity events.
Learn more at www.RockwoodWealth.com.