Exit
Get paid for what you built, on your terms. Learning in public.
Your business revenue goal is an enemy to your exit
A $20M company that wants to 5x, then sell. Those goals are enemies. Here's why revenue goals destroy exit value.
ExitThe founder was proud that he handled all the big sales... until I told him it cut his exit value in half
He thought handling every big sale made his business valuable. It made it worth less. A lot less.
ExitWhat if I told you there's a way to sell your business twice?
Sell most of your business now, keep a slice, and get paid again later. PE folks call this the second bite of the apple.
ExitMost businesses are funding their own mediocrity (including mine)
You can remove yourself from operations all you want, but if your profit margins suck, your business is still worth less than you think.
ExitFire yourself, double your valuation
Several owners I talked to thought their business was worth far more than it was. They just needed a lesson in math.
ExitFiring yourself increases your business sale value for one simple reason
Moving your business from owner operated to professionally managed increases your sale value for one simple reason: transferability.
ExitYou're working 80 hours a week building a business you think is worth millions
Want to know what it's actually worth? Here's the brutal math, and the one move that doubles the multiple.