Case Study #64: Turning Down Shark Tank Money
There are so many wonderful lessons from this first-time entrepreneur pulling off a 7-figure exit in the middle of a global pandemic.
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There are so many wonderful lessons from this first-time entrepreneur pulling off a 7-figure exit in the middle of a global pandemic.
On today’s episode, Andy shares a story about a deal that had more twists and turns than your favorite roller coaster.
In this article, we talk about the first steps involved when listing your business for sale. There is definitely data to be gathered!
Andy and Doug discuss Doug’s listing that had 8 Buyer-Seller Meetings before taking no more meetings.
Let’s talk about the qualities of a qualified buyer. The more you have, the higher your chances of being successful in business ownership.
The same things that can drive value in a business, if not done correctly, can ultimately discount the value of the business.
Gary Vaynerchuk shares why proper and consistent deployment of “emotional ingredients” leads to success in business.
Characteristics that drive value when selling a business: industry, location, organization, and financial records.
Don’t disdain an opportunity to exit. Take money off the table right away and let some of it ride with a company about to go public.
Absentee owner businesses? On this podcast, we discuss the pitfalls to avoid when seeking an absentee-owned and operated business.
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