4 Ways To Start Your Business With The End In Mind
Something that I see so many entrepreneurs missing the mark on is how they view the trajectory of their business, more specifically, how to reverse engineer their goals to set out on that trajectory. If there comes a time when you want to grow your revenue and scale your business, you have to start with the end in mind, planning your exit from day one. By reverse engineering your goals, you avoid the hamster wheel effect and can position yourself for a lucrative exit. In today’s episode, I break down the main exit strategies, the pros and cons of each method, and how they affect your current business decisions. I also touch on the four things that potential buyers look for and what I personally dig into when I’m thinking about investing in a business. IN THIS EPISODE, WE TALK ABOUT: What happens when you don’t intelligently plan your exit The difference between mergers, acquisitions, selling to someone you know, and IPOs Tips for getting the full return on your EBITA How to create realistic and competitive profit margin goals Why it’s critical that your financial documents are pristine and transparent RESOURCES Buy your ticket for the next Wealth & Business Summit on November 9-11 in Scottsdale, AZ. Early bird pricing is available now! Join me in my new 12-week course “Multi-Million Dollar Business” at candyvalentino.com CONNECT WITH CANDY Follow me: @candyvalentino Join Founders Organization Learn more about your ad choices. Visit podcastchoices.com/adchoices