010 - 3 Things for a Successful Exit

09/05/2024 15 min Episodio 10
010 - 3 Things for a Successful Exit

Listen "010 - 3 Things for a Successful Exit"

Episode Synopsis

Summary: In this episode, Adam and Steve discuss the three things necessary for a successful business exit. The first thing is having the business finances in place and knowing the true value of the business. The second thing is ensuring personal finances are in order and aligned with retirement goals. The third thing is having a plan for the next chapter of life after exiting the business. They emphasize the importance of having a written plan and considering all aspects of life beyond the business. Chapters 00:00Introduction 06:01Chapter 2: Personal Finances 14:29 Conclusion   Takeaways Knowing the true value of your business is crucial for planning a successful exit. Personal finances need to be aligned with retirement goals and the desired lifestyle after exiting the business. Having a plan for the next chapter of life is important to avoid regret and frustration. A written plan that considers all aspects of life beyond the business is essential for a successful exit. Episode Links: Sign up for our BusinessBuilder Thursday weekly guide - www.scaletosell.com Get a FREE professional valuation of your business - https://www.scaletosell.com/discovery    Follow the podcast so you never miss an episode. Please rate and review the podcast so more entrepreneurs can find this valuable content to scale and exit their businesses.   IG: @scaletosell FB: @scaletosell Youtube: @scaletosell LI: @scaletosell

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