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4 Ways To Start Your Business With The End In Mind

4 Ways To Start Your Business With The End In Mind

FromThe Candy Valentino Show


4 Ways To Start Your Business With The End In Mind

FromThe Candy Valentino Show

ratings:
Length:
19 minutes
Released:
Jul 25, 2022
Format:
Podcast episode

Description

Something that I see so many entrepreneurs missing the mark on is how they view the trajectory of their business, more specifically, how to reverse engineer their goals to set out on that trajectory. If there comes a time when you want to grow your revenue and scale your business, you have to start with the end in mind, planning your exit from day one. By reverse engineering your goals, you avoid the hamster wheel effect and can position yourself for a lucrative exit.  In today’s episode, I break down the main exit strategies, the pros and cons of each method, and how they affect your current business decisions. I also touch on the four things that potential buyers look for and what I personally dig into when I’m thinking about investing in a business.    IN THIS EPISODE, WE TALK ABOUT: What happens when you don’t intelligently plan your exit  The difference between mergers, acquisitions, selling to someone you know, and IPOs  Tips for getting the full return on your EBITA How to create realistic and competitive profit margin goals  Why it’s critical that your financial documents are pristine and transparent    RESOURCES Buy your ticket for the next Wealth & Business Summit on November 9-11 in Scottsdale, AZ. Early bird pricing is available now! Join me in my new 12-week course “Multi-Million Dollar Business” at candyvalentino.com    CONNECT WITH CANDY Follow me: @candyvalentino Join Founders Organization  
Released:
Jul 25, 2022
Format:
Podcast episode

Titles in the series (100)

Stop spending and start investing. The definition of “wealth” is an abundance of valuable possessions or money. But it's time to think outside the dictionary as we break down all the ways you can increase your financial wealth -- your business, your bank account and your bottom line. Join host, Candy Valentino, every week to cover topics like business models, profit plans, wealth habits and real estate investing. Candy has been building businesses before she could legally order a drink. For more than two decades, she has built, scaled and exited businesses in service and retail all while creating financial freedom through real estate investing. Listen in on conversations with the most successful minds in the world, like Daymond John, Ed Mylett and Amy Lacey, alongside lessons directly from Candy leveraging her 25 years of knowledge and experience. Why focus on becoming rich, when the true goal is to become wealthy (and not just in your finances). It doesn't matter if you are a part of Generation X, Y or Z… It's time to join Generation WEALTH. Let's start investing. For more, follow Candy @candyvalentino.