Ted specializes in strategic transition and succession planning for closely held businesses. His business model implements successor leadership by customized accountability programs, professional team coordination and project management. 

 

In 2005, Ted founded the Profit Builder Network business model on a foundation of over twenty years of business operations and senior management experience at Marsden Building Maintenance and Minnesota Life. 

 

Ted developed this comprehensive business model for transition & succession emphasizing people, processes and priorities by driving results through systematically installing cultures of improved communication, accountability and personal development. PBN focuses on the planning strategy of beginning with the end in mind. PBN’s guiding principle is to help owners understand, build company worth and maintain owner control of their transition. 

 

In order to accomplish such programs Ted has networked and coordinated with some of the finest, tried and true professional institutions, service providers and organizations. As a trusted advisor Ted has coordinated and managed professional teams that have minimized personal and business taxation, increased employee retention, identified value enhancing strengths/opportunities and implemented contingency plans for many business owners in a variety of industries.

 

Ted is involved with a number of associations such as Minneapolis University Rotary, Builders Exchanges of St. Paul and Minneapolis, The Exit Planning Institute and Associated Builders and Contractors of Minnesota. Ted received his bachelor’s degree in communications and business administration from the University of Minnesota, Duluth and earned his CEPA (Certified Exit Planning Advisor) designation from the Exit Planning Institute in 2008.