In today's episode we talk about the life cycle of a selling a business and comparing it to DATING. This is a short but fun-filled episode and we hope you learn something from this one.
If you want to listen to our in-depth about exiting a business you can check the links below.
ZC 78 – Selling the Biz Part 1: Why Sell Your Business?
https://zonconpodcast.com/podcast/zc-78-selling-the-biz-part-1-why-sell-your-business/
ZC 79 – Selling the Biz Part 2: How to Sell Your Business?
https://zonconpodcast.com/podcast/zc-79-selling-the-biz-part-2-how-to-sell-your-business/
ZC 80 – Selling the Biz Part 3: Yes, We Did It!
https://zonconpodcast.com/podcast/zc-78-selling-the-business-yes-we-did-it/
ZC 81 – Selling the Biz Part 4: Empire Flippers
https://zonconpodcast.com/podcast/zc-81-selling-the-biz-part-4-empire-flippers/
We can help you exit your business too!
Go to www.zonconpodcast.com/EXIT to learn more about selling your business for FREE!
Below is a timeline of selling your business and our dating analogy.
Shopping Around - Beginning to consider to date somebody.
Broker - It’s when you have someone facilitating those dates for you (In Chris’ example is Tinder).
NDA (Non-Disclosure Agreement) - Your first date!
LOI (Letter Of Intent) - You’re officially Boyfriend/Girlfriend.
APA (Asset Purchase Agreement) - You are now MARRIED!
Earn-out - Having kids.
IPO - When you get big and have a lot to share.
BONUS
Empty Nester - This is when the kids move out and get all the cash..LOL
Listen to our previous episode with Chris Rawlings on the link below.
ZC 94 – You Can Be the Surfer
https://zonconpodcast.com/podcast/zc-94-you-can-be-the-surfer/
ZC 86 – Snuck In at Events So He Can Meet Brilliant Startup Founders Part 2
https://zonconpodcast.com/podcast/zc-86-snuck-in-at-events-so-he-can-meet-brilliant-startup-founders-part-2/
ZC 85 – Snuck In at Events So He Can Meet Brilliant Startup Founders Part 1
https://zonconpodcast.com/podcast/zc-85-snuck-in-at-events-to-meet-brilliant-startup-founders-part-1/
ZC 44 – Is ECommerce in its Infancy?
https://zonconpodcast.com/podcast/zc-44-is-ecommerce-in-its-infancy/
ZC 40 – Raising Money For Your Business
https://zonconpodcast.com/podcast/zc-40-raising-money-for-your-business/
You can get in touch with Chris directly through:
[email protected]
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