Tropical MBA: Entrepreneurship & Founder Lifestyle cover image

#706 5 Things Founders Often Misunderstand about Exiting Their Business

Tropical MBA: Entrepreneurship & Founder Lifestyle

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How to Sell a Business That's Growing 40% Year Over Year

The final most misunderstood point, save the best for last. You might get wealthier selling for a lower multiple. Most people are not dumb. If you're making 25 or 35 million bucks, you're probably going to blow 5 million dollars on random crap. That's what most people do. They put it in some way into the market. The public market doing when you're getting 7X multiple in 2021? It's super high. What is the public market doing in 2023 when you'regetting 5X? It's much lower.

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