In my recent interview with Andrew Biggs for the Better Than Rich Podcast, we explored a topic that’s close to my heart and critical for every business owner: the exit. I shared something that often catches people off guard—up to 90% of businesses don’t sell. They simply shut down. That statistic isn’t just disappointing.
One way to potentially increase the attractiveness and value of a business to a potential buyer or investor is to create a business model that requires prepayment of the cost of goods and services sold. This means the company receives money for a service or product that has yet to be provided or delivered to
Exiting a business is more than just a financial transaction—it’s a strategic transition that impacts long-term value, leadership continuity, and personal fulfillment. On a recent episode of The Transaction of a Lifetime podcast, the conversation focused on what it takes to prepare for a high-value exit and the key factors that can make or
