DecaMillionaire Decoded Christmas Special: A Year in Review
Dec 26, 2024
Reflect on mindset shifts and strategic planning essential for business owners at year's end. Discover the importance of creating transferable value and the emotional challenges of selling a business. Learn how to bridge the value gap to enhance growth and see your business as a wealth-generating asset. Hear inspiring stories of innovation, like a Kansas restaurant's pivot to takeout during tough times. Finally, get strategic insights on business valuation and negotiation to prepare for breakthroughs in the coming year.
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Building a Valuable Business
- Focus on building a valuable and transferable business in 2025.
- This will help you achieve either value or freedom, or position your business for sale.
Timing in Business
- Business, like real estate, is all about timing.
- Design your business to be ready for sale when the market is right to get premium dollars.
Value Drivers
- Eight key value drivers impact every area of your business.
- Consider how an investor would view these drivers, especially owner dependence and recurring revenue.