Let’s say your business has skyrocket its sales and it’s everything that you have envisioned it to be. In short, the business is sustainable enough for you to move on to exit and move on to your next business venture. Many entrepreneurs do this. If the business has a promising return, they will sell their […]
In an analysis of more than 14,000 businesses, a new study finds the most valuable companies take a contrarian approach to the boss doing the selling. Who does the selling in your business? My guess is that when you’re personally involved in doing the selling, your business is a whole lot more profitable than the […]
The hardest challenge every entrepreneur faces is convincing investors that your business model is feasible. Stakeholders definitely want proof that will tell them that you can deliver on your promise; and the option to prefer to a subscription model will do more than just lessen investors’ worries and concerns. Not only that, it will also […]
To achieve anything meaningful, you need to be clear on where you are going and why. In business, a lot of it comes down to this question; Do you want to be a business runner or a business owner? A business runner makes a good living. A business runner sells products and/or services. He/she runs […]
It is understandable to expect that exiting your business signifies the end of the road, but this is not necessarily true and in fact whether it is or it is not is completely up to you. If you apply the lessons in this book and create your own maximum exit you will create a rare level of freedom and genuine choice in your business life and in your life in general. When one […]
What is Exit Planning? Exit Planning is action taken on the inside of the company to make it attractive (to prospective buyers on the outside of the company) in terms of the company’s financial value and strategic value. The main purpose of exit planning is to give the business owner a huge pay day when he/she sells the company. This happens when the owner is no longer running […]
In the case of a family business that is about to be passed on to the next generation, again I would like to offer you an alternative perspective that may in fact be much more effective in protecting the financial security of the next generation/s. For this to work, it would require that mentally you […]
