Shownotes
In this episode of Make Business Personal, Dr. Jamie Klingman, serial entrepreneur and business broker, discusses the topic of exiting a business, specifically selling a business. She covers various aspects of exit strategy, including financial considerations, timing, and key strategies for business owners. Dr. Klingman emphasizes the importance of knowing your numbers, making the business less dependent on the owner, and understanding the market!
- The range of exit strategy content you covered in The Accelerator program 0:58
- The top three things entrepreneurs need to know about exit strategy 2:15
- One action you want all listeners to take right now in their entrepreneurial journey 7:08
- One bonus business tip about succeeding in entrepreneurship 9:35
Quotes
- “Part of making your company stand-alone is that it can stand without you. And so that is something that I see a lot and I also personally experienced. So I highly recommend keeping that in mind.” - 5:14
- “The business cannot be all about the business owner.” 4:16
- “I wish I had known to take all the advice that's out there, and there's way more now than there was when I started in business, and take it all with a grain of salt. What works for one person may not work for you. So really looking at options and being open to new things, but also knowing that what your path is, is your path.” 10:08
Links & Follow-ups:
