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156: Building Your Business With Exit Strategy In Mind, Mike Malatesta
Manage episode 414437332 series 3561512
Laurie Barkman द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Laurie Barkman या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Host Laurie Barkman, The Business Transition Sherpa, talks with Mike Malatesta, CEO of LJP Waste Solutions. Over the past 30 years, Mike's experienced the highs and lows of entrepreneurship. He built and sold two waste recycling companies that grossed more than $500M. He’s also an author, podcaster, and advisor to business owners.
Mike talks about the unexpected death of one of his business partners due to a workplace accident. Dealing with the loss was challenging and accelerated their interest in a potential exit.
You’ll want to hear why Mike believes entrepreneurs should not sell their business without the help of advisors and the mistake that cost him $4 Million.
For a successful exit, reflect on where you are now, what you want, and what the first step is to move towards that goal.
Listen in to learn more about:
- Why entrepreneurs should not sell their business on their own
- What triggered a $4M reduction in purchase price from the strategic buyer
- Why due diligence when selling your business can be overwhelming
- Selling a business, negotiation mistakes, and lessons learned
- Avoiding negotiation pitfalls when selling your business
Show links:
Join the Endgame Entrepreneurship Masterclass:
https://thebusinesstransitionsherpa.com/course/
Download free digital copy of Laurie's book, “The Business Transition Handbook” or grab your copy on Amazon:
https://thebusinesstransitionsherpa.com/the-business-transition-handbook/
Join Our Facebook Group:
https://www.facebook.com/groups/businesstransitionsherpa
❤️ Show us the love on Rate This Podcast:
https://ratethispodcast.com/successionstories
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Laurie Barkman guides entrepreneurs to create life changing succession stories. Dramatically increase enterprise value and build with your exit in mind.
Find clarity on the often overwhelming process of transition planning. Visit https://thebusinesstransitionsherpa.com to schedule a conversation and get started.
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