Intentional Leader with Cal Walters 111: Charlie Watkins (Pt. 2) — Worth the Wait: Selling Business for 11X More | Throw No Rocks: A Man's Guide to Success through Partnership with God
Jul 11, 2024
Charlie Watkins, a Christian leader and author, shares transformative insights from his life journey. He discusses the importance of 'waiting well' during challenging times, emphasizing active patience and spiritual growth. He highlights the balance between long-term dreams and daily actions, underlining community support as a fulfillment source. Watkins also explores authentic leadership, the role of personal values, and shares wisdom on partnerships, particularly valuing a spouse's insights. His upcoming book, 'Throw No Rocks,' promises to delve deeper into these vital lessons.
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How Waiting Well Multiplied My Business Value by 11 Times
Learn how enduring an 11-year wait transformed Charlie Watkins' business journey from frustration to phenomenal success.
Charlie was prepared to sell his company for $70 million in 2008, but the credit market collapse halted the deal, leading to an unexpected wait. Instead of forcing a premature sale, he embraced "waiting well" — partnering with God, mentoring others, investing in health, and growing in wisdom.
By December 2019, the business sold for nearly $791 million — over 11 times the original valuation. This profound example illustrates that waiting well involves preparation, growth, and reliance on God rather than impatience and forcing results. Charlie emphasizes, "God's best takes time."
Waiting 11 Years to Sell Business
- Charlie Watkins waited 11 years from 2008 to 2019 to sell his business due to the credit market collapse.
- During this time, he focused on mentoring others and improving his health through triathlons, which helped him wait well.
Health Crisis and Leadership
- In 2017, Charlie faced serious health challenges including cancer and open heart surgery while leading his company.
- These trials deepened his faith and taught him valuable lessons about identity and spiritual warfare.
