Exit Rich: The 6 P Method to Sell Your Business for Huge Profit

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Exit Rich: The 6 P Method to Sell Your Business for Huge Profit image
ISBN-10:

1732510288

ISBN-13:

9781732510289

Released: Jun 22, 2021
Publisher: An Inc. Original
Format: Hardcover, 312 pages

Description:

Product Description
Wallstreet Journal Bestseller & USA Today Bestseller
Too many entrepreneurs push off planning for the sale of their business until the last moment. But for a business to sell for what it's really worth ― or even more ― owners need to prepare for the sale from the very start.
In Exit Rich, author and mergers and acquisitions authority Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and author of Rich Dad Poor Dad, to create a must-have guide for all business owners ― whether they're gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future.
Seiler Tucker's twofold approach to selling your business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the ''ST GPS Exit Model'' to help business owners set goals for the sale before their business hit the market, and the ''6 P Method'' to help them objectively evaluate their business's worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself.
Throughout the book, Sharon Lechter's wisdom peppers each chapter in the ''Mentoring Corner'' section, providing forward-thinking entrepreneurs with the perspective that they need to take control of their business's future and exit rich.
This book is a rich resource for any business owner looking to:
Objectively evaluate their business before a sale
Improve their chances of finding the right buyer
Sell their business for maximum profit
Review
“It’s stunning that so many business owners end up leaving so much equity on the table when they want to cash out. That’s why this book will be a goldmine for these entrepreneurs.”
—Steve Forbes—Chairman and Editor-In-Chief,
Forbes\n“Seiler Tucker’s golden nuggets are priceless . . . a must-read for helping you build, fix, and grow your business so it’s sellable for maximum value!”
—David Meltzer—Top Executive Business Coach and Keynote Speaker, CEO and Founder of Sports 1 Marketing\n“As a mentor, Sharon has taught me how to create intrinsic value. I sold my business for 77x EBITDA, $151 million, because of the value we created for others. The public company that acquired my business is 3.5x larger now despite what the markets said about how they valued my business. Read Sharon’s and Michelle’s book
Exit Rich and apply what you learn. Working smarter has bigger payoffs than working harder.”
—Brandon Dawson—Co-founder and CEO of Cardone Ventures\n“Building a great business is tough, but building it and not being able to sell it is crazy. Exit Rich is for sure a great system to walk away wealthy, read it, follow it and enjoy selling for a great price.”
—Brad Sugars, Chairman and Founder of ActionCOACH\n“If you’re ready to build your business the right way so you can exit smart, then read and absorb the strategies in this brilliant book by Michelle and Sharon. The strategies will change your business and life!”
—James Malinchak—Featured on ABC’s hit TV show, “Secret Millionaire;” Founder of BigMoneySpeaker.com\n“Finally, a business book that helps entrepreneurs with practical strategies to maximize their exit.
Exit Rich packs years of practical experience into a book that pays for itself ten times over.”
—Jay Samit—Best-selling Author of
Disrupt You! \n“Ever wonder why 70% of businesses go out of business after being in business for ten years? Seiler Tucker unravels the mystery in her ‘tell all’ book, all while delivering a proven formula so your business does not become a failing statistic.”
—Dr. Greg Reid—Author, Think and Grow Rich series\n“
Exit Rich reveals the BEST way to plan your company exit. It accounts for all steps from scaling to selling. The game plan is all laid out. All you have to do is follow it!”
—Loral Langemeier—Best-selling Author, Speaker, Millionaire Mentor

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