Ep. 15: Legacy Isn’t a Transaction: How to Exit Without Breaking the Table

Succession isn’t paperwork—it’s people work.

In this episode, Katie Kim and transition strategist Andrea Carpenter pull back the curtain on why 95% of business transitions fail—and how you can do it differently. Whether you’re a founder nearing retirement or a successor being handed the reins, this is your real-world playbook to protect what matters most: your legacy, your business, and your relationships.

You’ll learn how to:
- Structure an emotionally intelligent exit
- Navigate the 6 metamorphoses of business transition
- Lead without losing family trust or company control
- Because building legacy isn’t about control. It’s about clarity, conversation, and compassion.

Ready to scale with vision and peace? This is where it begins.

Visit https://www.katiekim.com to discover your next strategic step.

⏱TIMESTAMPS
00:00 – Why succession isn’t a transaction
01:15 – Meet Andrea: second-gen successor turned strategist
02:25 – Katie’s personal transition story (and what went wrong)
07:08 – The 5% myth: why most transitions really fail
12:01 – The 6 emotional metamorphoses of business transition
14:28 – The Figure-8 framework: running vs. transitioning a business
18:57 – The weight of legacy: pressure, purpose, perception
21:36 – A real case: 7 siblings, one Thanksgiving, $12M on the line
25:33 – 3 questions every successor must ask
29:32 – The cocoon effect: leveling up in leadership
34:00 – How to protect relationships during a sale
40:05 – Final truth: “Documents don’t build trust. Conversations do.”

🔗 Connect with Katie Kim

🌐 Website:
https://www.katiekim.com – The Katie Kim Educational Platform
https://www.thekimgroup.com – The Kim Group

📱 Instagram:
@thekatiekim
@thekimgroup

💼 LinkedIn:
Katie Arnholt Kim, CCIM
The Katie Kim Educational Platform
The Kim Group

📘 Facebook:
The Katie Kim Educational Platform
The Kim Group

🔗 Connect with Andrea Carpenter

🌐 Website:
andreacarpenter.com
transitionstrategists.com
YourNextGenFriend.com

💼 LinkedIn:
Andrea (Shaver) Carpenter
linkedin.com/in/andreashaver

#BusinessTransition #LegacyLeadership #ExitPlanning #FamilyBusiness #SuccessionStrategy #WomenInBusiness #StrategicGrowth #KatieKim #RealEstateWisdom #WealthWithClarity #EntrepreneurLegacy
#TheKatieKim