Episode description

Have you ever considered selling your business?

Can you imagine yourself walking away with a BIG paycheck?

If so, today’s episode is the right one for you.

Mike has sold five businesses, and his special guest, Joey Osborne, just had a successful EXIT a few months ago.

Joey actually walked away with an eight-figure paycheck, after being acquired by a private equity firm.

Today, they'll be discussing the five MOST IMPORTANT things that any business owner needs to know to get acquired.

What You’ll Learn in This Episode

• How to position your business 
• How to become attractive
• The importance of mindset and preparation
• Their biggest mistakes and life lessons related to exiting a business

Don’t miss this one! They don’t ramble about spreadsheet data and ratios.

They cover the PRACTICAL, non-average, and non-obvious things around selling your business.

Mike knows you’ll find it super valuable, so click play and let’s dive in!

Key Takeaways

• “The Big Reward Was Worth the Grind”: Joey’s Backstory (04:23)
• Why Did You Start to Consider Selling Your Business? (18:20)
• First Offer Gone Wrong and Lessons Learned (21:40)
• Build a Financial Fortress Around Your Family (30:19)
• The 5 Most Important Principles in Preparation for an Acquisition (36:56)