As the CEO of a growing industrial electrical service company, I find myself faced with a critical decision that would shape not only my future but also the legacy of my hard work. After years of building a successful business from the ground up, you need to consider the future. Many investors expressed interest in acquiring my company, promising substantial financial gains. However, I had a different vision in mind.
Having always envisioned my business as a family legacy, I made the courageous choice to hand down the reigns to my loved ones instead of selling to investors. It was a decision rooted in my belief that the values, dedication, and passion I had poured into the company should be carried forward by those closest to me.
To ensure a seamless transition, I plan to mentor and share my knowledge, experiences, and insights with my children. Preparing them to take over key positions within the company, I’ll pass the torch.
While immediate financial gain from selling to investors is tempting, I knew that preserving our company’s heritage and values for future generations is far more important to me. Knowing that I made the right choice in keeping my business within the family, I wake up every day pursuing BCS Switchgear’s continued success. It’s going to have an impact for years to come.
Follow your dreams, Cody.
