295: Scale to Sell – How I Plan to Exit the Business I Founded and Love

We're at the next stop on our Growth Strategies Masterclass this season and it involves exit planning. Now, you may be thinking, "I thought we were talking about growing our businesses, not exiting them!"   But the truth is, exiting your business by selling it can in fact be a smart move especially if you are seeking what our last guest, Carl Nicpon, described as "Freedom 2.0." Building your company to eventually sell it requires significant work in formalizing business infrastructure and strengthening financial health.   In this latest episode, our producer and host, Alicia Butler Pierre, reveals why she wants to sell Equilibria, Inc. (the underwriter of this show) as part of the company's long-term strategic growth plan. This requires a level of honesty, introspection, and selflessness that few entrepreneurs dare to think about let alone act on.   Along the way, Alicia shares her story in hopes that it will also inspire you to: Focus on specific business infrastructure elements to build or improve, Discover the financial metrics required to attract future investors, partners or buyers, Build a dashboard to track core operational activity, Consider funding as a source for raising capital required to scale operations, and more!   You'll also gain access to additional resources where you can learn more about how to: 1) sell your business, 2) find the optimal exit planning strategist, and 3) get maximum sale value for the business you've worked so hard to build and grow.   𝐏𝐥𝐞𝐚𝐬𝐞 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐚𝐧𝐝 𝐋𝐞𝐚𝐯𝐞 𝐚 𝐑𝐞𝐯𝐢𝐞𝐰. ⭐ ⭐ ⭐ ⭐ ⭐   © 2024. The Business Infrastructure podcast is sponsored by Equilibria, Inc. – a small business dedicated to providing resources to support fellow fast-growing small businesses in scaling back-office operations without pain and chaos. Sign up for the Smooth Operator Course to learn more about building business infrastructure.