Strategy to Sell My Business if I am in EO Entrepreneurs 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 EO Entrepreneurs Organization". Listen to the podcast, watch the video http://freedomfactory.libsyn.com/strategy-to-sell-my-business-if-i-am-in-eo-entrepreneurs-organization or read the transcript below. Hi, it's Robert Hirsch here from Freedom Factory, and I want to talk to you about offering your organisation if you remain in the entrepreneur's company or EO. Now, I've been an entrepreneur for the better part of 25 years. And I remember when I first signed up with EO, it was YEO and I remained in my early twenties and I discovered of a lot. Hi, it's Robert Hirsch here from Freedom Factory, and I want to talk to you about offering your organisation if you remain in the entrepreneur's company or EO. Now, I've been an entrepreneur for the better part of 25 years. And I remember when I first signed up with EO, it was YEO and I remained in my early twenties and I discovered of a lot. The two things that truly underpinned entrepreneurial growth for me were, one, a peer discovering group like EO. And 2nd was discovering how to groom mentor relationships. If you think of a university or any type of discovering environment, you usually have those 2 things that are assisting it - the peer discovering group or your classmates and the teacher or the mentor. Among the important things, when I was in EO, I was beginning my organisation and I was a good entrepreneur, however I didn't understand what I didn't know. And my option to everything was make more income, some more things. That's always what I was trying to do. If something came up and I didn't know how to manage it, I would sell more things, however I rarely considered offering my company. And so if I thought of it, or for example, when I was running software application companies at the time, and when the business, that was my dream became my problem. I had venture capitalists and I had financing and restricted partners and we were behind plan and it wasn't working. I would make an online forum presentation. I 'd go to my group and my group is seven people, and the reality was the online forum was practical and they were empathetic and they listened, however they had some restraints, right? One, nobody had informed the business yet. 2, we were stuck in gestalt and get store procedure and not a lot of individuals had a lot of appropriate experience to share. When it boiled down to offering my business, the reason that I made the mistake is a good friend of mine that I relied on unequivocally said he knew someone that might help me offer it. But I never ever went through the procedure of determining if that was the ideal person. And the truth was, I've fulfilled this banker and I discovered this crucial lesson, since we talked past each other, right? Lenders don't speak entrepreneur and business owners do not speak lender. Therefore he was telling me about what was occurring, however I understood he wasn't my people. I knew I required to discover a business owner to assist me offer my company and make certain it's the ideal individual. For me as an entrepreneur my organisations is truly a Trojan horse for me affecting the world or developing social change. And when I recognized that we had adequate LPs and it was a software application company in the adventure travel space. I'm Robert and I look forward to speaking with you soon. Thank you so much. Please 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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