157: Creating A Profitable Niche Business to Sell, David Spray

157: Creating A Profitable Niche Business to Sell, David Spray

May 02, 20241 min read

Host Laurie Barkman, The Business Transition Sherpa, talks with David Spray, Founder and President of Export Advisors, which serves the owners of privately-held, U.S. exporting companies. Over the past 20 years, the firm has created more than $400 million in wealth for hundreds of entrepreneurs and their families from the IC-DISC tax savings program. 

Custom HTML/CSS/JAVASCRIPT

They discuss value building and how David built a niche podcasting business with infinite ROI, and sold it within two years to his partner.




Listen in to learn more about:

  • Finding your niche and owning it

  • Building a specialized business with recurring revenue 

  • Making your business highly transferable to a buyer

Enjoy this Succession Stories episode about how to create a profitable niche business to sell with David Spray.

Find David Spray Here: 

https://www.linkedin.com/in/dspray

https://www.ic-discshow.com

_______________________________________

https://btsherpa.com/course

_______________________________________

https://btsherpa.com/book

Laurie Barkman

Laurie Barkman, The Business Transition Sherpa, emphasizes the importance of planning for the exit of a business, citing that only 20% of companies in the lower middle market have an intention to sell. She highlights the need for an ownership succession plan, estimating the value of the business, addressing risk tripwires, and embracing a sell-ready mindset.

Back to Blog