If you own a business or want to – you need to understand something important.
“To begin you must study the end”
Jose Raul Capablanca, World Chess Champion 1921-1927
As an entrepreneur, you’re putting everything into building your business. You’re taking risks, working crazy hours, and sacrificing time with family and friends, because you’re driven, passionate and determined to succeed.
Now, I’ve got news for you – whether you’ve planned it from day one or never given it much thought, one thing is certain; you are leaving your business one day.
You’re going to walk out, get pushed out, be bought out. Or be carried out!
If this is so important, why is there so little written about it?
The internet is awash with advice on start-ups, bootstrapping, raising capital and scaling up.
And yet there’s precious little insight into the complex art and science of ensuring a successful exit – probably the most important stop on the entire entrepreneurial journey.
The failure rate is high.
Research confirms that;
75% of business owners regretted selling their business one year after the sale.
Only 5% were happy with the net sale proceeds they received.
These statistics are heartbreaking when you think of all the blood sweat and tears that go into building a successful enterprise. So, I’m on a mission to change things, improve on this woeful data and the stories behind them.
Wisdom served
I’ve spent the last 20 years of my career working closely with business owners and ensuring they ‘finish big’ and move on to their next chapter with a spring in their step.
I’ve learned that when it comes to making sure they leave with a sense of pride, accomplishment, energy, and financial security – that there is a ‘magic formula’.
Entrepreneurs are a rare breed who deserve to have access to the best ideas and insight.
Buckle up as I share the formula for success.
Stay tuned…
Alan Smith
CEO
Capital
