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Be Sellable: How to Attract Your Ideal Buyer Before You’re Ready - Lorraine McGregor

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Content provided by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders 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.

What if your business could attract the right buyer before you're even ready to sell?

In this episode, exit strategist Lorraine McGregor reveals why only 1–2% of businesses ever sell and how to ensure yours is one of them. She breaks down the hidden reasons exits fail, the mindset shifts founders must make, and what buyers are looking for.

If you think buyers will show up when you're ready, think again. This is a must-listen for any founder considering exit, even years in advance.

[00:00 – 07:00] The Harsh Truth About Business Exits

  • Why most small businesses never sell

  • M&A myths: Buyers don’t show up when you’re ready, they buy when it suits them

  • How Lorraine discovered the “black box” language of M&A

[07:00 – 16:00] Why Buyers Walk Away

  • Internal chaos kills deals: unresolved partner conflict and weak management teams

  • The real reason exit planners and M&A brokers won’t take you on as a client

  • What does it mean to “become the business your buyer is looking for”

[16:00 – 27:00] Understanding the Mind of the Buyer

  • The four kinds of buyers—and how each one evaluates your business

  • Why “earning your price” is better than demanding your price

  • Funded searchers vs. zero-money-down acquirers: the opportunity and the risk

[27:00 – 38:00] From Projections to Proof

  • Why trailing financials alone aren’t enough

  • The myth of the magical pro forma: how real buyers view projections

  • Creating certainty in your operations to justify a higher valuation

[38:00 – 45:00] The Exit Starts With Mindset

  • The biggest mistake: building a business with no clear end in mind

  • How to build a company that outlasts you

  • Why being “sellable” means building value for both you and the buyer

Key Quotes:

“Buyers don’t buy your past, they buy your future. And they need certainty about that future.” — Lorraine McGregor

“Be sellable, all the time. That’s the best thing you can do for your legacy.” — Lorraine McGregor

Connect with Lorraine McGregor

Website: https://www.spiritwest.com

LinkedIn: Lorraine McGregor

Ready for your next chapter?

Start Your Assessment Now 👉 https://theexitparadox.com/assessment

Leave a Review + Help Others Achieve a Great Legacy

If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth.

Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and excellence.

🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com.

Your next chapter starts here!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

349 episodes

Artwork
iconShare
 
Manage episode 482115245 series 2848647
Content provided by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jerome Myers - Exit Paradox Advisor and Jerome Myers - Advisor to exiting founders 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.

What if your business could attract the right buyer before you're even ready to sell?

In this episode, exit strategist Lorraine McGregor reveals why only 1–2% of businesses ever sell and how to ensure yours is one of them. She breaks down the hidden reasons exits fail, the mindset shifts founders must make, and what buyers are looking for.

If you think buyers will show up when you're ready, think again. This is a must-listen for any founder considering exit, even years in advance.

[00:00 – 07:00] The Harsh Truth About Business Exits

  • Why most small businesses never sell

  • M&A myths: Buyers don’t show up when you’re ready, they buy when it suits them

  • How Lorraine discovered the “black box” language of M&A

[07:00 – 16:00] Why Buyers Walk Away

  • Internal chaos kills deals: unresolved partner conflict and weak management teams

  • The real reason exit planners and M&A brokers won’t take you on as a client

  • What does it mean to “become the business your buyer is looking for”

[16:00 – 27:00] Understanding the Mind of the Buyer

  • The four kinds of buyers—and how each one evaluates your business

  • Why “earning your price” is better than demanding your price

  • Funded searchers vs. zero-money-down acquirers: the opportunity and the risk

[27:00 – 38:00] From Projections to Proof

  • Why trailing financials alone aren’t enough

  • The myth of the magical pro forma: how real buyers view projections

  • Creating certainty in your operations to justify a higher valuation

[38:00 – 45:00] The Exit Starts With Mindset

  • The biggest mistake: building a business with no clear end in mind

  • How to build a company that outlasts you

  • Why being “sellable” means building value for both you and the buyer

Key Quotes:

“Buyers don’t buy your past, they buy your future. And they need certainty about that future.” — Lorraine McGregor

“Be sellable, all the time. That’s the best thing you can do for your legacy.” — Lorraine McGregor

Connect with Lorraine McGregor

Website: https://www.spiritwest.com

LinkedIn: Lorraine McGregor

Ready for your next chapter?

Start Your Assessment Now 👉 https://theexitparadox.com/assessment

Leave a Review + Help Others Achieve a Great Legacy

If you found this episode valuable, leave us a review and share it with someone who wants to expand their business growth.

Your Next is more than a podcast—it’s a community that welcomes individuals from all backgrounds and ages, united by a shared passion for personal growth and excellence.

🎧 Explore our previous episodes or learn more about our mission at https://exittoexcellence.com.

Your next chapter starts here!

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

349 episodes

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