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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...
Waiting for “C”
I’ll be honest; frustration tends to set in when I see business owners hesitate to take the obvious course of action at the time it becomes obvious. It makes me pause and ask, “Why are some successful and savvy business owners so indecisive?” The answer is most...
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...
What is your business REALLY worth?
The oversimplified formula is 3X owner’s annual “take.” If you’ve ever had a formal business valuation and then tried to sell your business, you realize the business valuation is really only an estimate and indication of what a buyer might pay if all assumptions line...Get Started Half-Retiring
Businessman relaxing on the beach.
Half Retire
- I will sell your business for nothing! December 12, 2024
- Can delegation be the enemy of Half-Retirement? January 12, 2024
- Why are business owners so mean… December 2, 2023
- Why did 1587 businesses just disappear? February 2, 2023
- The 6th Exit Strategy January 30, 2023
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