The Ecommerce Influence Podcast: Advanced Acquisition And Retention Strategies For Fast-growing Online Brands
348: Running and Selling a Business: Best Practices for Your Small Scrappy Company
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:53:03
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Sinopsis
Tips on running and selling a business from an exit entrepreneur who never planned to sell. How can you build a business that both you and future you will benefit from? This episode covers the steps to growing a business you can sell. My guest (and friend) Jared Nations shares his lessons, tips, and learnings from recently selling his business. His story is interesting because his plan had been to keep running the business as a cash flow business and never sell. After a cold offer, he changed his plan and pivoted. This episode gives you an inside view to what selling a business looks like and what you can do to prepare your business (even if you’re not planning to sell). Episode Highlights: 6:36 COVID impacts on business growth 10:52 Getting a cold offer to buy 13:51 The layers of building a deal to sell 15:03 Why you should position your business as a strategic acquisition when selling 17:34 What makes a deal successful 18:58 Running a business for growth 20:44 Learnings from the selling process 2