Mike Koenigs's video: When and How to Exit Your Business Gracefully Capability Amplifier 107

In today’s episode, Mike sits with Joey Osborne to discuss the five most important things that any business owner needs to know to get acquired. 👉 Learn more about the Superpower Accelerator: http://www.MrBz.com/Go If you are a founder and your dream has always been to sell your business and walk away with a big check, this is the right episode for you. Mike has sold five businesses, and his special guest, a friend and client for ten years, Joey Osborne, just had an exit a few months ago. After being acquired by a private equity firm, he walked away with an eight-figure paycheck. They will share all the details and get to the core of the concerns that may stop you from leaping. What you’ll learn specifically: How to position your business How to become attractive The Five most important things you need to know to get acquired The biggest mistakes and life lessons related to exiting a business All of these are non-obvious things. They aren't what's on the spreadsheet but more about the mindset, lessons, values, and preparation. We know you will find it valuable, so please dive in to listen to the full episode. Key Takeaways “The Big Reward Was Worth the Grind”: Joey’s Backstory (04:23) Why Did You Start to Consider Selling Your Business? (18:20) First Offer Gone Wrong and Lessons Learned (21:40) Build a Financial Fortress Around Your Family (30:19) The 5 Most Important Principles in Preparation for an Acquisition (36:56) Learn more about Joey, working with both of us and get his FREE BONUSES: http://www.MrBz.com/JOwebsite “Capability Amplifier” is a weekly podcast on all-things entrepreneurship, brought to you by Mike Koenig and Dan Sullivan. For more episodes, be sure to follow us on your favorite podcast app! FREE - Zoom Tips 25 Strategies to Make Your Zoom Meetings and Webinars AWESOME ▸ https://youtu.be/DdBlwiRUkpA ▸ Here’s the companion PDF http://www.PaidForLife.com/ZTPDF “Mike is an extraordinary man. He’s brought me insights on how to reach people on the Internet that are so valuable. This is a man you should deal with. Take advantage of what he has to offer.” -- Tony Robbins "Meet" Mike Koenigs by watching his sizzle reel, narrated by Tony Robbins: http://www.MrBz.com/Sizzle LinkedIn: https://www.Linkedin.com/in/MikeKoenigs Facebook: https://www.Facebook.com/Koenigs Instagram: https://www.Instagram.com/MikeKoenigs Twitter: https://www.Twitter.com/MikeKoenigsReal ▸ HIT A GLASS CEILING? IT’S TIME FOR YOU TO TAKE A BIG LEAP! Here’s "The Big Leap" podcast with NYT Bestselling Author Gay Hendricks. We focus on the single decision that changes everything and the "Upper Limits" challenges every high performer overcomes to achieve greatness - www.MrBz.com/BL