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Thinking about selling your business? Here’s a reality check. 🚨
Statistically, most business owners won’t sell their business. It’s a hard pill to swallow, but it’s true. While it’s nice to dream about that big payday, the key to making it happen lies in one unexpected question: How do I buy a business? 🤔
Understanding how to buy a business unlocks a powerful perspective. It teaches you what buyers look for, what makes a deal attractive, and what’s truly valuable in a business. This insight doesn’t just make you a better buyer—it turns you into a seller with a higher chance of success. 🏆
Next time you think about your exit strategy, remind yourself to first think like a buyer. Master the process, and you’ll position yourself for that rare, but possible, successful sale. 💡
Transcript:
Statistically speaking, you will not sell your business. So it's a nice pipe dream to have, but to maximize the chances of you selling your business is what it is, you should ask once big question which is How Do I Buy a Business? The fastest way to have an insane exit is to buy a business first or think about buying the business. Because when you figure out how to buy a business, it opens up all the ideologies of like saying Oh this is What's actually important to buying a business therefore that translates to me selling one. I will tell you, all of us in this room have a chance to go buy something, most of us in this room will not have a chance to sell something.
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