As social entrepreneurs, we are in business to relieve, help, or solve the problems of those we serve. We are so connected with our mission that selling is the last thing on our minds.
Yet making a business ready to be sold is much more than finding a buyer, it is about preparing for success years in advance (regardless if you're selling or not).
Today, in our second episode of the Up-Level Your Impact Business series, we chat with the brilliant Leslie Hassler about growing, scaling, and selling businesses effectively. Leslie is a business strategist, speaker, and the founder of Your Biz Rules. With almost 20 years of experience in the field, Leslie helps entrepreneurs maximize the value of their businesses, whether they're planning to sell or just thinking of scaling.
Tune in and listen to the sixty-fourth episode of Avant-garde Entrepreneur. You'll learn to make your business valuable enough to attract potential buyers, the common pitfalls to avoid when getting your social enterprise ready for sale, and practical tips on creating a scalable and financially sound enterprise — one that works for you, not the other way around. You'll also learn about the three-year rule for selling, the differences between growth and scaling, how to reduce owner dependency, and much more.
In This Episode, You Will Learn:
- Leslie talks about the most common mistakes business owners make (4:00)
- The three-year rule for selling (6:10)
- What is the difference between scaling and growing a business? (9:20)
- Three ways business owners should be paid (13:10)
- How to increase your business value before selling (21:15)
- What buyers look for in a business they're interested in (24:00)
- What it takes to start seeing our social enterprise as an asset, not a job (26:20)
- Why you MUST celebrate each win (30:00)
Connect with Leslie Hassler:
Resources:
- My new book! Mindset Matters
- Quiz! What's Your Social Entrepreneur Style?
- Avant-garde Entrepreneur Academy Waitlist
Let's Connect!
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