Strategy to Sell My Business if I am in YPO (Young Presidents' Organization)
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Today's episode of the podcast, Robert Hirsch from Freedom Factory discusses "Strategy to Sell My Business if I am in YPO (Young Presidents' Organization)". Listen to the podcast, watch the video http://freedomfactory.libsyn.com/strategy-to-sell-my-business-if-i-am-in-ypo-young-presidents-organization or read the transcript below. Hey, it's Robert Hirsch from Freedom Factory, and I want to talk with you about offering your company if you're in a YPO. Now, if you're in the young president's organization, congratulations! You have actually struck a certain level of complexity and growth to your business and you have actually grown it far beyond 95% of business owners ever will. When it comes time to selling your service, there's a couple alternatives, right? So one, everyone understands somebody and they wish to introduce you, and that's how I made my largest error. When I was younger, I used to run software application business in Silicon Valley and I would go to my online forum presentation and everyone understood someone to assist me sell it. The reality is in my scenario, I sold it with the incorrect individual and left a lot of cash on the table. And the reason that is it didn't specialize in my vertical and they didn't have a lot of experience with it. You have actually probably seen some of my other videos when we discuss entrepreneurs not speaking lender and lenders not speaking business owner, but it was truly difficult. For instance, my online forum has actually been together for almost 20 years when it began in EO together and I made a forum presentation because my organisation no longer served me. I wanted to actually get as much info as I could and everybody offered to introduce me to someone, but nobody knew the best individual to offer. Here at Freedom Factory, we take more of a worldwide and international approach, very similar to YPO or gathering of Titans, of birthing of giants. We look at it and say, all right, how do we discover the right buyer? How do we search the world or search the globe for the perfect buyer for this? Whether it's tactical, whether it's through marketing, inbound, outgoing. The most crucial thing is to take that special business chance and put it in front of adequate buyers to develop deal tension and have people contending for your service. And as a business owner, when you have multiple individuals completing for your service, you win. However here's the elusive obvious piece or the piece that many individuals miss out on. It's not having several individuals that desire your service. It's having several individuals that want your business at the same time. Suggesting when 2 individuals are holding up their checks, that's creating deal tension and you the business owner ultimately benefits from it. Now, if you have questions about how do you take your company to market, what's it worth? How do I attract the best purchaser? Give us a call here at Freedom Factory. There's a couple of good things, however I assure that we won't have to talk in gestalt protocol. We can offer you all the details you require in order to make the ideal choice. I'm Robert, and I look forward to speaking to you soon. Thank you so much. Please hit like and subscribe. Contact Freedom Factory Freedom Factory 5500 Greenwood Plaza Blvd., Ste 230 Greenwood Village, CO 80111 Phone: 844-MAX-VALUE (844-629-8258)
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