Life is crazy and there is never enough time in the day. Most days my time is gobbled up working with clients, building the business, and most importantly, spending quality time with my #family. But I decided to block an hour to interview my top "rock-star" #businessbroker. I wanted to know more about his business. What was working and what wasn't. What are his #dreams and #goals. What motivated him and what was his daily grind like. To be honest, its information I wanted, bu
What's the difference between owning a job & owning a business? First of all, if you can't separate yourself from your business, you own a job and it won't be worth much when you retire. On the other hand, businesses accumulate long-term value which can be sold or otherwise #monetized. So it makes sense that building a business is much more work and much more complex than building a job.
To be clear, there is nothing wrong with owning a job. It can be very lucrative, provid
After working with countless business owners to help them achieve a successful top dollar sale of their company and unfortunately after watching many business owners choose to go a different route which end in the failure to sell their business, we've noticed their some some fairly common misconceptions about how businesses are sold, especially when it comes to the process of their business own being sold. Let's discuss some of these mistaken assumptions and bow to avoid the
Anyone who has read Stephen Covey's best selling book, "The 7 Habits of Highly Effective People," knows that lesson #2 is "begin with the end in mind." This lesson can and should be applied in company strategy as soon as the company if conceived or as early as possible thereafter. A Sales-Ready Posture The truth is all businesses will close someday. The question is, on whose terms? Whether the company is sold for maximum value or simply closes its doors due to having no exit