Selling your business without proper preparation is like showing up to the Super Bowl with half a team and no playbook. In this eye-opening episode, M&A advisor Bob Tankesley reveals why only 4% of businesses successfully sell - and how you can position yourself in that elite group.
With over two decades of experience guiding business owners through successful exits, Bob shares his expertise in orchestrating sales for companies valued between 4 and 40 million dollars. As a fourth-generation entrepreneur and CPA, he brings practical wisdom about building effective exit teams and maximizing business value. Host Mike O'Neill draws out Bob's insights on why starting exit planning three to five years before selling is crucial for optimal results.
Key Insights to Look Out For:
• Why having individual advisors isn't enough - you need a collaborative team working together toward your exit goals
• The critical mindset shift owners must make from running their business to positioning it for sale
• How optimizing your business creates value whether you sell externally or transition internally
This episode is essential listening for any business owner who wants to maximize their company's value and create options for their future. The strategies shared will help you build a stronger, more valuable business - even if selling isn't in your immediate plans. Subscribe now to ensure you don't miss future episodes packed with actionable insights from successful business leaders.
Find all the show notes and links here: https://www.unstuck.show/202
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