Build with Leila Hormozi

7 Components Of A Sellable Business | Ep 220

20 snips
Dec 20, 2024
Discover the essential elements that make a business sellable, including the significance of growth potential and strategic leadership. Learn how a unique value proposition sets a company apart with clever examples from well-known brands. Explore innovative support models for gym owners, designed to tackle their unique challenges. Understand the importance of diverse revenue streams and positive cash flow in attracting buyers. Finally, dive into operational discipline and the need for a strong team to ensure a business's stability and marketability.
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INSIGHT

Optimal Selling Time

  • The best time to sell is when you don't want to.
  • A thriving business attracts buyers due to its perceived growth potential.
ADVICE

Build for Saleability

  • Build a sellable business, even if you don't plan to sell.
  • Having the option provides flexibility and increases value.
ADVICE

Solve Pain Points

  • Address pain points within your business before selling.
  • Solving internal problems increases the business's value and attractiveness.
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