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Content provided by Mike Koenigs and Dan Sullivan, Mike Koenigs, and Dan Sullivan of Strategic Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Koenigs and Dan Sullivan, Mike Koenigs, and Dan Sullivan of Strategic Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
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When and How to Exit Your Business Gracefully

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Manage episode 327946662 series 2470005
Content provided by Mike Koenigs and Dan Sullivan, Mike Koenigs, and Dan Sullivan of Strategic Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Koenigs and Dan Sullivan, Mike Koenigs, and Dan Sullivan of Strategic Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Have you ever considered selling your business?

Can you imagine yourself walking away with a BIG paycheck?

If so, today’s episode is the right one for you.

Mike has sold five businesses, and his special guest, Joey Osborne, just had a successful EXIT a few months ago.

Joey actually walked away with an eight-figure paycheck, after being acquired by a private equity firm.

Today, they'll be discussing the five MOST IMPORTANT things that any business owner needs to know to get acquired.

What You’ll Learn in This Episode

  • How to position your business
  • How to become attractive
  • The importance of mindset and preparation
  • Their biggest mistakes and life lessons related to exiting a business

Don’t miss this one! They don’t ramble about spreadsheet data and ratios.

They cover the PRACTICAL, non-average, and non-obvious things around selling your business.

Mike knows you’ll find it super valuable, so click play and let’s dive in!

Key Takeaways

  • “The Big Reward Was Worth the Grind”: Joey’s Backstory (04:23)
  • Why Did You Start to Consider Selling Your Business? (18:20)
  • First Offer Gone Wrong and Lessons Learned (21:40)
  • Build a Financial Fortress Around Your Family (30:19)
  • The 5 Most Important Principles in Preparation for an Acquisition (36:56)
  continue reading

201 episodes

Artwork
iconShare
 
Manage episode 327946662 series 2470005
Content provided by Mike Koenigs and Dan Sullivan, Mike Koenigs, and Dan Sullivan of Strategic Coach. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Koenigs and Dan Sullivan, Mike Koenigs, and Dan Sullivan of Strategic Coach or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Have you ever considered selling your business?

Can you imagine yourself walking away with a BIG paycheck?

If so, today’s episode is the right one for you.

Mike has sold five businesses, and his special guest, Joey Osborne, just had a successful EXIT a few months ago.

Joey actually walked away with an eight-figure paycheck, after being acquired by a private equity firm.

Today, they'll be discussing the five MOST IMPORTANT things that any business owner needs to know to get acquired.

What You’ll Learn in This Episode

  • How to position your business
  • How to become attractive
  • The importance of mindset and preparation
  • Their biggest mistakes and life lessons related to exiting a business

Don’t miss this one! They don’t ramble about spreadsheet data and ratios.

They cover the PRACTICAL, non-average, and non-obvious things around selling your business.

Mike knows you’ll find it super valuable, so click play and let’s dive in!

Key Takeaways

  • “The Big Reward Was Worth the Grind”: Joey’s Backstory (04:23)
  • Why Did You Start to Consider Selling Your Business? (18:20)
  • First Offer Gone Wrong and Lessons Learned (21:40)
  • Build a Financial Fortress Around Your Family (30:19)
  • The 5 Most Important Principles in Preparation for an Acquisition (36:56)
  continue reading

201 episodes

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