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Things you will give up if you sell your business
Things you will give up if you sell your business If you have ever owned a business, you have daydreamed about selling it for a large pile of cash. It’s not really about the money, right? It’s about flipping a switch and having all the stress and headaches turn off...
What’s the difference between difficult work and frustrating work?
Business owners frequently say to me, “My tolerance is so much lower than it used to be. Doing (enter type of work) never used to bother me.” Call it burnout, experience, wisdom, or impatience; it really doesn’t matter. You are supposed to enjoy your business. You are...
Guide to Understanding the 44% Rule
There’s an old saying, “Business owners don’t sell for money; they sell because they are frustrated.” The price tag to end that frustration can be millions of dollars. In a low-interest rate economy, a big pile of cash is worth far less than an income stream. So when...
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