Exit Is Now - Plan Accordingly With Scott Snider

Partner Summit Special: Collaboration Over Competition

Oct 2, 2025
In this insightful discussion, Rick Krebs, owner of MyBizValue and president of EPI’s Utah Chapter, shares his expertise in affordable business valuations. He emphasizes the shift from an income mindset to value creation for business owners. Central to the conversation is the importance of collaboration over competition, highlighting his efforts to grow the Utah Chapter as a supportive community. Rick also introduces engaging educational methods like storytelling and the Reverse Shark Tank, making exit planning more accessible and relatable for owners.
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ADVICE

Use Affordable Valuations To Trigger Action

  • Offer affordable valuations as an entry point to trigger owner action and plan next steps.
  • Collaborate with financial advisors at that early stage to define paths like internal sale, ESOP, or external exit.
INSIGHT

Shift From Income To Value Creation

  • Shifting owners from an income mindset to a value-creation mindset changes decisions and unlocks planning opportunities.
  • A simple number plus a designed path delivers disproportionate value to owners and advisors.
ADVICE

Invite Competitors To Grow Capacity

  • Invite potential competitors into your chapter and raise the level of expertise together.
  • Build capacity because the incoming wave of exits will require dozens of capable advisors, not just a few.
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