As a business owner, you're familiar with the challenges and complexities that come with steering your company day-to-day. But have you considered the transformative power of picturing your endgame?
This simple yet strategic action is more than just setting a goal; it's about creating a clear roadmap for your entrepreneurial journey. It becomes a guiding star for your business, simplifying decision-making.
It can be tempting to try to time the sale of your business to coincide with a peak in the economy. However, it's impossible to know when that moment will hit.
Design your business exit and discover the best time to sell.
While you can't buy happiness, you can buy personal freedom. It comes from building enough wealth that work becomes a choice.
What's the fastest way to attain the feeling of true freedom?
Focus on the one number you need to be truly free – the ultimate Owner's Metric.
Like bungee jumping, getting married, or hiking the Grand Canyon, selling your business is something you're likely only going to do once in your life. There's no practice tee and no batting cage, so it's worth doing a little planning beforehand.
In this eBook, you'll get inside the mind of an acquirer to understand what potential buyers of your business are looking for.
Building a successful business is more than just a path to financial independence; it's a deeply personal journey filled with emotional highs and lows.
These aspects of entrepreneurship are as crucial as managing the business itself. Discover practical advice on how to manage your emotional journey of entrepreneurship.
How would you rate your ability to delegate?
If you're like most business owners, you probably give yourself a decent grade. However, if you're constantly finding yourself disappointed in people on your team, the problem may be less about them and more about your ability to delegate effectively.
When starting a new business, there is genuine merit in being cheaper, faster or first. It's a proven path to breaking into a market.
Is the problem worth solving?
Size - Is the opportunity worthwhile?
Appeal - Is it within reach? Growing?
Moment - Why Now?
Is the price right?
Amount - Is it enough? Too much?
Target - How far will the funds go?
Runway - What if they don't get it?
Are you right for each other??
Fit - Do you qualify their criteria?
FOMO - Who else is coming in?
Value-Add - Are we good for each other?
How well does the rubber meet the road?
Are you the best people to do it?
Insight - Do you see something special?
Character - Do we like and trust you?
Execution - Any proof you can deliver?
Have you built a strategic moat?
Product-Market Fit - Will it sell?
Unit Economics - Will it make money?
Business Structure - Can they scale?
Are your invitations impactful?
Narrative - What's your story?
Narrator - Who's telling it?
Numbers - Do the facts match?
