The Home Service Expert Podcast
Ken Goodrich’s Proven Strategies to Build and Grow a Sellable Business
Aug 20, 2024
Ken Goodrich, a seasoned expert in business process and mergers, shares invaluable insights into building and selling businesses. He discusses the importance of mentorship and building strong teams for long-term growth. Ken emphasizes treating your business as a sellable asset from the start and the transformative power of strategic partnerships. He also highlights how AI can revolutionize dispatch management and the essential role of networking in overcoming industry challenges. Tune in for practical tips that can enhance your entrepreneurial journey!
59:54
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Quick takeaways
- Selling a business can be an ongoing journey, where improving operations and profitability increases its sale value substantially.
- Investing time in self-improvement and mentorship for employees leads to heightened company performance and innovative growth.
Deep dives
Business Life Beyond Selling
Selling a business does not mark the end of one’s entrepreneurial journey. Just as a real estate developer builds a property with an ultimate goal of sale, business owners can take similar approaches with their companies. By implementing strategies to improve operations and profitability, they can significantly increase the value of their business prior to selling. This mindset can lead to much greater financial returns compared to typical real estate ventures, highlighting the importance of treating business as an ongoing project rather than a final destination.
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