If you want to create a sellable asset, now is the best time to start planning. Learn how to build business value and plan for transition on your terms.
Included with the Masterclass, enhance your experience with the Endgame Entrepreneur Community and Group Advisory.
Consider this: 100 percent of owners will leave their business one day. But few are prepared. Are you?
When you’re ready to sell, the company may not be sell-ready–leaving you out of time and unrewarded. Most entrepreneurs are too busy to begin thinking about the end. But you may be leaving money—and your happiness—on the table. It’s crucial to start planning for your transition, whether it comes next year or in a decade.
The Business Transition Handbook demystifies the often overwhelming exit process, guiding business owners who are considering leaving their ventures or simply beginning to think about their next steps.
Former CEO of a $100 million revenue company that sold to a Fortune 50, author Laurie Barkman, The Business Transition Sherpa™, provides actionable guidance for business owners to plan successful transitions of their companies and let go on their terms.
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? It’s more than goal setting.
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.
What do Airbnb, Mailchimp, Microsoft, and Uber have in common? They all started in an economic downturn. Discover how to reinvigorate and expand your business at a time when others prioritize survival and preservation.
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.
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.
Does your business lack organization around basic tasks? Do your employees seem reliant on you? Are you questioning how you can improve your growing business and its value?
If you answered yes to any of these questions, implementing SOPs may be what you need to solve your problems.
How do you determine the value of your business?
You might think this involves an in-depth look at your books, sizing up the market, and many other types of quantitative analysis.
But a study of 1,511 companies uncovered an often-omitted factor when assessing company value–the business owner.
Did you know almost half of all business owners will hit the same stumbling block?
They become the primary revenue driver for their company — The Rainmaker.
Avoid the downhill trap of becoming the Rainmaker and make the transition to Architect of your business.
If you’re like most business owners, your desire for freedom is hardwired into your psyche.
Selling your business may seem far off into the future, but if exiting your business now would give you the financial resources to do whatever you want, it may be worth considering sooner than feels natural.
This eBook offers a simple methodology you can apply to reach financial independence… what we call The Freedom Point.
For a successful exit, you need to be able to say a hearty “Yes!” to two important questions:
1. Is your business ready for you to exit?
2. Are you ready to exit?
It’s an easy question to ask, but it can be difficult to answer. This is why we’ve created a five-step action plan to ensure you have a happy, lucrative exit from your business.
Have you ever wondered how to make a business less reliant on its owner? The answer is to “productize” the service.
This is the process of breaking down the service into a series of steps and packing it like a tangible offering. We’ve developed an eBook outlining an 8-step approach to help you productize your service.
You’ll discover:
• The surprisingly simple strategy behind one founder’s $87 million exit
• The strategic move that took one company from being worth three times EBITDA to more than 13 times in just two years
• The 10/40 rule and how it can jack up your take from the sale of your business
You’ll discover how to:
• leverage digital channels while working from home
• exploit an increased use of social media to drive sales
• pick the best part of your business to invest in now
• motivate yourself to act with clarity and confidence
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.
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Schedule a Strategy Call
If you’re a business owner considering how to create a sellable asset or transition your company, we invite to you a 30-minute strategy call.