• #165 The top five reasons people regret selling their business

  • 2023/06/05
  • 再生時間: 30 分
  • ポッドキャスト

#165 The top five reasons people regret selling their business

  • サマリー

  • There is an entire industry and philosophy surrounding why you should sell your business, but it doesn’t need to be that way.
    There are many reasons why people choose to sell their businesses and really the reasons can be broken down into two different things.

    1. Long Term Goal To Exit: A strategic decision because their plan all along was to sell their business and they have something else more desirable to do with their time (besides golf).


    2. Looking for an Exit strategy after losing faith. They hit a point of frustration or desperation and are no longer either enjoying the business or don’t believe they can get it to the next level.

    The first point is a goal to exit, the second allows you to think it isn't going to get any easier, it might be better to sell. And there are a lot of people who will want you to sell. This means you can feel forced to exit.

    In this episode we discuss the top 5 reasons people regret selling, and how you can consider different perspectives and opportunities.

    -----

    * Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

    * Do you enjoy our content? Rate our show!

    * Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

    *Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/

    ---------

    Links:

    *https://evolutionpartners.com.au/

    *https://lawrenceandco.com/

    Newsletters

    *https://evolutionpartners.com.au/articles

    *https://lawrenceandco.com/business-resources

    -----

    Related episodes

    #19 Mental health in business leadership during COVID19

    #79 Eliminate your emotionally taxing issues - lick your toads

    -----

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    #84 The 7 common strategy mistakes from Michael Porter

    #130 Jim Collins: Level 5 leaders

    #104 The habits successful leaders use to prepare each week

    #50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

    #96 The three main barriers to consistent growth

    #90 Meeting Rhythm - The Annual Strategic Thinking meeting

    #110 Five most common questions we get about Scaling Up

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あらすじ・解説

There is an entire industry and philosophy surrounding why you should sell your business, but it doesn’t need to be that way.
There are many reasons why people choose to sell their businesses and really the reasons can be broken down into two different things.

1. Long Term Goal To Exit: A strategic decision because their plan all along was to sell their business and they have something else more desirable to do with their time (besides golf).


2. Looking for an Exit strategy after losing faith. They hit a point of frustration or desperation and are no longer either enjoying the business or don’t believe they can get it to the next level.

The first point is a goal to exit, the second allows you to think it isn't going to get any easier, it might be better to sell. And there are a lot of people who will want you to sell. This means you can feel forced to exit.

In this episode we discuss the top 5 reasons people regret selling, and how you can consider different perspectives and opportunities.

-----

* Do you love The Growth Whisperers and want to see our smiling faces? Subscribe to our YouTube channel.

* Do you enjoy our content? Rate our show!

* Is Twitter your thing? Follow @Evolution_Perth and @lawrenceandco1 to learn more about building enduring great companies.

*Like LinkedIn? Follow https://www.linkedin.com/in/bradleygiles/ and https://www.linkedin.com/in/coachkevinlawrence/

---------

Links:

*https://evolutionpartners.com.au/

*https://lawrenceandco.com/

Newsletters

*https://evolutionpartners.com.au/articles

*https://lawrenceandco.com/business-resources

-----

Related episodes

#19 Mental health in business leadership during COVID19

#79 Eliminate your emotionally taxing issues - lick your toads

-----

Additional episodes you might enjoy:

#84 The 7 common strategy mistakes from Michael Porter

#130 Jim Collins: Level 5 leaders

#104 The habits successful leaders use to prepare each week

#50 Jim Collins Flywheel Concept: How to build unstoppable momentum in your company

#96 The three main barriers to consistent growth

#90 Meeting Rhythm - The Annual Strategic Thinking meeting

#110 Five most common questions we get about Scaling Up

#89 The 4 different types of A players

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