Archive for April 24th, 2010

Home Business News – Derek Gehl Announces Retirement

Was it simply an interesting email today. Derek Gehl has announced his resignation as CEO of BMI. Well, you’re probably thinking … “It’s nice, but what it has to do with me?” Well, it has more to do with you and the future of your company than you think. Keep reading and you will understand what I mean .

Despite the fact that Derek Gehl is retired, the BMI is still ongoing. I’m sure there are already alternatives. The company will most likely continue without missing a beat. The truth is, after the unfortunate death of Cory Rudl, Derek came to the plate and kept things. Sun IMC will continue, with or without Derek Gehl. But again, you’re probably thinking, “What has this to do with me?”

Nobody knows about life and death. Today I am at the funeral of one of my good friends. It was actually responsible for saving my life several years ago. But if they do not? What would have happened to my business? Where is it today? What do you think? Where would it be if something happened to you? Would it go? Would it even matter?

This is not something we like to think, but it has a backup plan for our company in case of transfer of our something we really need to think about. There is so much to cover. Forget the running of the company itself. What about tax time? How would it be accountable to someone about your debts? What about all the secret passwords and Web sites? Your family knows where they are? Did they even call a phone number to get information from?