In this episode of "The Business of Doing Business" podcast, Dwayne teams up with guest Mark Bradley, a seasoned entrepreneur and industry leader, to uncover the secrets to selling your business for maximum value. This conversation dives deep into strategies for optimizing business value, developing systems, and preparing for a successful exit.
Key takeaways from this episode include:
- The importance of building a tech-enabled business for efficiency and scalability.
- How to balance financial outcomes, customer satisfaction, employee growth, and operational metrics.
- Practical steps to prepare your business for sale, including creating a strong executive team and maintaining a customer-centric focus.
- The role of lean principles and real-time data in driving profitability and productivity.
- Insights into the evolving business landscape and the opportunities within the upcoming wealth transfer in financial markets.
Mark Bradley shares his personal journey, including his experience selling his software company, LMN, and how his focus on solving customer problems and building strong teams helped maximize enterprise value. Whether you’re an entrepreneur considering selling your business, or a buyer looking for opportunities, this episode offers actionable advice and inspiration.
https://www.linkedin.com/in/mark-bradley-lmn/
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CHAPTERS:
00:00 - Intro
00:38 - Juggling Golf Ball Fire Hose
02:41 - Begin with the End in Mind
05:20 - Preparing Business for Sale
07:36 - Optimize Business to Run Independently
16:08 - Largest Wealth Transfer in History
18:04 - Businesses Becoming Tech-Centric
20:16 - Private Equity Opportunities in Traditional Industries
22:18 - Selling Your Business: Opportunities for Owners
23:28 - Maximize Business Value Strategies
28:25 - Financial Optimization for Businesses
31:13 - People Perspective in Business Optimization
33:15 - Executable Strategies for Small Business Owners
41:36 - Share the Show
41:53 - Disclaimer
Disclaimer The views, information, or opinions expressed by guests during The Business of Doing Business are solely those of the individuals involved and do not necessarily represent those of Dwayne Kerrigan and his affiliates. Dwayne Kerrigan or The Business of Doing Business is not responsible for and does not verify the accuracy of any of the information contained in the podcast series. The primary purpose of this podcast is to educate and inform. Listeners are advised to consult with a qualified professional or specialist before making any decisions based on the content of this podcast.
