The secret to creating a business that operates and grows without you start with having the exit in mind. Running your business every day as if your perfect cashed-up buyer was on their way to lift the bonnet and have a detailed inspection.
Think what would a sophisticated buyer need to see and know to be satisfied and trusting enough to hand over potentially millions of dollars and buy your business?
- Would they need to see that the business is not 100% reliable on you?
- That there are strong management and a top-performing team in critical areas?
- Would they need to see reliable, predictable, and sustainable profits year after year?
- How about systems, process, and operations in place on how everything works?
- Would they need to be satisfied that a speedy return on investment was assured?
The answer to all of those requirements and more is always without a doubt yes. That being true if you turn your attention back to your business and you had the same criteria would you buy your own business for the highest possible price?
If you answered yes fantastic, it means you have built the ultimate business with the exit in mind because you’re making reliable, predictable profits with a strong team running all of the daily aspects with the right systems and processes in place so you have the freedom and money to concentrate on enjoying your life.
Building your ultimate business with the exit in mind does not mean you have to sell it to the contrary it means you have a choice to keep it and reap the rewards or cash out and leave your legacy at a time when you decide.
However, If you answered no because you have created a job, you’re working long hours, with little return, overwhelmed and frustrated, running around flat out all day and to top it off you can’t leave without everything coming to a grinding halt, because if you stop everyone else stops, and the business stops making revenue, then maybe it’s time for a different approach.
If you are ready to build a freedom business that runs without you having to drive everything so hard and create the time to enjoy the kind of profits you deserve then apply for your free coaching session and we will work together a new way to design your freedom business.