Host Eric Bandholz, a seasoned entrepreneur, evaluates good and bad reasons to sell a business.
He says that ideally, founders build a business they love, one that enhances their lives. To Eric, business is one of life's greatest gifts, offering freedom, wealth, connection, and the ability to serve, create, and leave a lasting mark on the world.
He reminds us that our possessions — the headphones we use, the tools we carry, the art on our wall — exist because someone built them. Entrepreneurs shape society. That's the power of business.
This is Eric's fifth master class on entrepreneurship, following installments on hiring, branding, profit-building, and priority-setting.
For an edited and condensed transcript with embedded audio, see: https://www.practicalecommerce.com/dont-exit-for-the-wrong-reasons
For all condensed transcripts with audio, see: https://www.practicalecommerce.com/tag/podcasts
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The mission of Practical Ecommerce is to help online merchants improve their businesses. We do this with expert articles, podcasts, and webinars. We are an independent publishing company founded in 2005 and unaffiliated with any ecommerce platform or provider. https://www.practicalecommerce.com
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