Understanding The Details of Buying and Selling
Listen to our founder Lowell Ricklefs discuss the emotional & technical details of buying a selling a business.
This podcast covers a lot of ground on why buyers want to purchase a business and the real reasons why sellers want to exit. With decades of experience in mergers and acquisitions, Lowell gives his thoughts on business owners tying their identity to the business and the impact that has on everything else, from your family to your health. He has seen this many times — as a buyer as well as an investment banker — and when it comes time to sell, these kinds of owners have a really hard time letting go . . . even after saying, for years, that they want out.
We get into the weeds about why it’s so important to understand what you want from the business, emotionally and financially, and the potential challenges you’ll face if you aren’t clear on your intention. If you’re ready to run a better business, this episode is for you!