Think & Grow Rich w/ Michelle Seiler Tucker

"Business is supposed to create value." - Gino Is it the time for you to sell your business? Maybe, maybe not. But it is never too early to put a lucrative plan in place to sell your business later. And having a guide to assist you with attracting the highest price tag when it is time to approach a placement will ensure you are getting a top-dollar offer. On this episode, Jake and Gino interview Michelle Seiler Tucker. Michelle Seiler Tucker is the leading authority on buying, selling, and improving businesses, as well as increasing a business’ revenue streams. The episode provides a golden roadmap for optimum profits. Here is the guide to create an effective plan for selling your business. Key Chapters: 00:00 Introduction 03:52 Starting with franchise 05:44 Reason for 'Exit Rich' 09:00 Why do 90% of companies do not sell? 13:37 Business owners need to focus on their strengths 17:54 #1 reason why businesses around the globe are shutting doors 23:24 Businesses need to design the experience around the needs of their customers 27:26 Building business that can scale 30:15 Six P's to exit rich 39:00 Importance of trademarks 43:34 Biggest mistakes entrepreneurs make 48:50 Five different types of buyers 52:49 Always inspect what you expect Know more about Michelle's initiatives at https://sti360.com/ In real estate, your network is your net worth, attend our Live Events and network with the fellow investors and professionals: https://jakeandgino.com/live-events/ About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $225,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs. Subscribe to this channel: https://ytube.io/3McA Sign up for free training: https://jakeandgino.mykajabi.com/freetraining The resources you need to succeed at every level of apartment investing: https://jakeandgino.com/resources/ Apply for Mentorship: https://jakeandgino.com/apply/ #realestate #multifamilyrealestate #multifamilyinvesting #investing #apartmentinvesting Jake & Gino Facebook: https://www.facebook.com/jakeandgino/ Jake & Gino Twitter: https://twitter.com/JakeandGino Jake & Gino Linkedin: https://www.linkedin.com/company/jake-and-gino-llc/ Jake & Gino Instagram: https://www.instagram.com/jakeandgino/ More ways to engage with the Jake & Gino Investor Community: MM5: https://jakeandgino.com/mm5/ Rand Cares: https://jakeandgino.com/randcares/ The 100 Year Real Estate Investor: https://www.dualassetstrategy.com We're here to help create real estate entrepreneurs...  About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.