40: Building and Selling Businesses: Lessons from Matt Gilbert

Matt Gilbert, a serial entrepreneur and founder of Gilbert & Pardue Transaction Advisors, shares his experience in building and selling businesses. He emphasizes the importance of the transition process when selling a business and highlights the emotional aspects involved, such as the well-being of employees and family members. Matt also discusses the challenges faced by business owners after selling their businesses and the need for a clear vision and purpose in their post-sale endeavors. He provides insights into the due diligence process and the importance of surrounding oneself with a team of experts. Matt views money as a tool to keep score and buy access and time, and he encourages business owners to focus on quality and risk management rather than solely on revenue.