Thinking About Selling Your Business?

“Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice.” - Jim Collins

As a team we are constantly creating new frameworks and tools to help our clients and friends. In fact there is rarely a week that goes by without us generating something that will be life changing if utilized properly.

Can I be honest? Covid made being a business owner a pretty terrible experience some days. We battled long and hard in many of our own businesses just to stay open and stay growing. After that experience, it’s normal to want to explore selling your business. Now is a great time.

Over the past three years I’ve seen so many business owners exploring the possibility of a sale that I felt I needed to write a book to help guide that journey. My book Selling Main Street: How to Sell Your Main Street, is linked in my signature below and is a great primer to help with that thought process. I’d love to give you a digital copy for free.

So where do you start if you’re considering selling? The book dives into all of the pieces in greater detail, but here are a few key concepts to guide the journey:

1. Discover Your Why: We encourage you to first understand your “why” for selling your business as well as the purpose behind your life. Without establishing clarity first, I often struggle to end up where I want to be.

2. Map Out Your Next Phase of Life: Once you are clear on your purpose, core values, and what drives you, we encourage you to map out the life you want to build after the transition. Does it center around family time, health or fitness, travel, service to others, or some combination of them all?

3. Choose Your Transition Team Wisely: This step will make the transition either beautiful, or stressful as heck. Slow down. Find a business transition expert like us and have them quarterback building the team and blueprint.

4. Choose Your Transition Route: We outline three transition routes in the book but understand there are millions of variations. We’d love to explore them with you.

5. Build Your Transition Blueprint: Once you understand where you are, what you want, who you need, and where you are going, it’s time to create the Blueprint.

6. Execute The Plan To Transition Successfully: Start now. Do one Thing. Move forward. You’ve got a great team and a great plan, it’s go time.

We know it’s scary, we’ve been there before. We currently own nine businesses and are in different phases of transition or growth with each one. We all need a tribe, and that’s what we are here for.

If this is something you’d like to explore further we have a free Clarity tool we’d love to send you, please respond to this email and we’ll send it your way.

I hope this letter has been helpful. We are here as a team to serve you and your family.

Make this week exceptional!