The business ‘Exit Insights’ podcast from Darryl Bates-Brownsword is dedicated to informing business owners about what is required to get them and their businesses ready for exit and how to maximise the value of a sale. They talk to business leaders who have taken their business through the succession or exit journey and share their stories, experiences and lessons learned along the way. In September Darryl invited me into his podcast.
We discussed not only the actual sale but the emotions behind it, what I might have done differently and the lessons learnt.
Have a watch of our interview below;
If you’d prefer to listen to this podcast, rather than watch it, you can listen on Spotify or listen here.
If you’d like to skip to the sections you might find of interest, the timings are below;
01.15 – My business sale process
04.30 – The emotion behind selling your business
08.30 – The personal financial position behind a business sale
12.00 – The role of a ‘redundant’ business owner (“coach don’t play”)
16.00 – Advice for business owners from a Business Sounding Board
22.00 – Where is the transition point for a Business Owner?
30.00 – You should try to sell a business from a position of strength, and know market values
33.00 – What I would have done differently on the business journey
34.30 – What I would have done differently on the business sale
37.30 – The key takeaway message
If you found this of interest or of use you can see and hear more of my discussions, interviews and webinar appearances here.
What next?
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