The 3 Questions Every Business Owner Should Ask with Mike Finger

What do you really want from your business? In this episode of The Laundromat Millionaire Show sponsored by H-M Company at draintroughs.com, Dave and Carla interview Mike Finger of Exit Oasis as he reveals the 3 questions every business owner must ask themselves about their business. Avoiding these questions and the necessary pivots they may require could leave you devastated! This is an essential listen for all small business owners!Referenced Links: Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.comExit Oasis Website: https://exitoasis.comMike’s LinkedIn: https://www.linkedin.com/in/mike-fingerSpotlight – Our WDF & Delivery Workshops: https://laundromatmillionaire.com/pick-up-delivery-workshop/Our Website: https://www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: https://www.queencitylaundry.comOur pick-up and delivery laundry services: https://www.queencitylaundry.com/deliveryLaundroBoost Marketing Company: https://laundroboostmarketing.com/Suggested Services Page: https://www.laundromatmillionaire.com/servicesWDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/Graphic: https://www.azquotes.com/quote/1315984Graphic: https://www.wallstreetmojo.com/employee-stock-option-plan-esop/Timestamps00:00 Episode 81 Intro01:27 Event Spotlight: The Laundromat Millionaire WDF & Delivery Workshop02:23 The Laundromat Millionaire Show Intro02:41 Creating and Turning Around an “Unsellable” Business12:51 What If You Never Plan to Sell?15:35 Impact on Those Looking to Buy a Business17:09 Learning from Others vs The School of Hard Knocks20:23 Finding the Right Coach to Simplify the Complexities22:03 A Simple Approach to Creating a Sellable Business23:25 The 3 Questions Every Owner Should Ask25:37 What Makes a Business “Desirable”?27:42 Lifestyle of a Business Owner30:17 Ownability vs Sellability30:55 The Importance of Just Starting32:36 The 2 Areas that Make Your Business Replicable35:39 If You Can’t Prove It, It Didn’t Happen40:07 How Mike Made His Business Sellable41:31 Are You Pricing Your Services Correctly?43:45 How Can You be a Passive Owner?45:46 Will Your Business Provide a Comfortable Retirement?49:45 Can Your Business Run Without You? Building a Team55:08 Giving Yourself Options57:41 Closing Remarks & Contact Info