Exiting Your Business: Build a Buyable Legacy
Are you aware that most businesses end up shutting down because they don't create something that someone is willing to buy? In fact, almost 75% of businesses end up exiting in this manner. This week we are elated to be joined by the infamous Damon Pistulka, Co-Founder of Exit Your Way. Maybe you are not thinking about it this second, but proper planning can take upwards of 5 years - Do not miss what will be an incredible 30 min of Exploration Tech.
Takeaways:
- Creating Growth
- How to properly plan for the future
- What can you do to make your business more attractive to potential buyers
00:00 Introductions
04:26 Building a Buyable Legacy: Start with the End in Mind
07:47 Reasons Why Most Businesses are Unable to Sell
09:17 Ways to Make Your Business More Attractive to Potential Buyers
16:34 Selling A Business Takes Time: Advance Planning Is A Must
20:52 Share Company Knowledge in Preparation to Sell
23:59 Finding the Value of Your Business to A Buyer
27:54 Exit Options for Business Owners
32:07 “Exit Your Way” Helping Business Owners Prepare to Exit
36:38 Thank You for Tuning In
Helping business owners translate goals into real-world results, Damon is focused on identifying and executing opportunities to increase business revenue, profitability, and value. With 20+ years of building and managing businesses in extreme conditions and diverse industries, Damon’s drive to help clients reach their goals helps them crush competitors and dominate markets. The proven framework Damon and the Exit Your Way® Team developed and used successfully in private equity-owned companies are being used to drive successful results daily.
Ultimately Damon developed his skills as a Business Operations and value improvement specialist. Damon is an expert at engaging internal & external teams to develop solutions that drive business success. He continues this work today with Exit Your Way® clients scouting the path and keeping them on track while they work towards their goals. Damon has helped businesses in manufacturing, eCommerce, construction, healthcare, and other industries achieve their business goals and successfully exit their companies.
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