40 [VIDEO]: 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. He concludes by emphasizing the value of serving and helping others in the business transition journey.