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How2Exit: Buy, Don't Build - M&A of Small Businesses

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Jan 25, 2023 • 53min

E91: Meet Joe Burrill: A Flippa Top User and CEO of Justwebsitebrokerage.Com - How2Exit

Been buying and selling since 2012, with over $4mil in sales across 165+ transactions, primarily on Flippa.com. Flippas number one broker 2 years running.Watch it on Youtube: https://youtu.be/bz7E3Vzayj4--------------------------------------------------Contact Joe onLinkedin: https://www.linkedin.com/in/joe-burrill/Website: https://www.justwebsitebrokerage.com/--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.com If you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch📽 Our other videos.Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Jan 20, 2023 • 56min

E90: Christine McDannell of Magnolia Firm Helps Business Owners Achieve Seamless Exits - How2Exit

Chrisine McDannell is a serial entrepreneur, author, and speaker. She is the Principal and Lead Business Intermediary of The Magnolia Firm, a boutique M&A brokerage firm helping business owners achieve the perfect exit.Since its recent inception, Christine’s firm has already helped countless women cross the chasm from business ownership to their first successful exit, all without compromising their values or dream outcome. The Magnolia Firm proudly upholds a 100% success rate for its clients, with most closings coming in at either full-asking or over-asking price.After founding, growing, acquiring & selling 20+ of her own businesses across several verticals including cleaning, wellness, beauty, technology, exotic cars, and real estate, she realized that there was a formula behind the perfect business sale and now dedicates her full-time attention on helping others do the same.--------------------------------------------------Contact Christine onLinkedin: https://www.linkedin.com/in/christinemcdannell/Website: themagnoliafirm.co. --------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.comIf you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Jan 18, 2023 • 56min

E89: Serial Acquisition Entrepreneur Wes Kauffman on His Journey and Implementing EOS - How2Exit.

Wes is a Lancaster, PA based entrepreneur operating the second largest Fastsigns Franchise in the world. He is the husband of an amazing florist and flower farmer Jenelle and the father to two amazing children Emma and Luke. Wes is an avid Premier League fan and Tottenham supporter. His favorite board game has been and always will be monopoly, and a huge Lord of the Rings Nerd.Wes began his entrepreneurial journey in 2003 with the purchase of a small camera repair company in Lancaster PA. By 2018 he had grown revenue 12x via organic growth coupled with 3 strategic purchases.In December 2018 Wes purchased his first Fastsigns Franchise in Lancaster PA. During the pandemic, he joined forces with an Everett, WA-based Franchisee and together they purchased another wide format printing company in Lancaster. Together they leveraged the two locations and grew revenue in 2021 by 250%. In 2022 Fastsigns Lancaster joined forces with the neighboring Fastsigns in York PA and they are on track for 35% revenue growth in 2022.Watch it on Youtube: https://youtu.be/FQPZrVT778Q--------------------------------------------------Contact Wes onLinkedin: www.linkedin.com/in/wes-kauffman-95ba5b13Twitter: @wes_kauffmanWebsite:-http://www.fastsigns.com/311-http://www.perfectimagecamera.com/--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.comIf you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Jan 13, 2023 • 59min

E88: The Hidden Powers Of ESOPs in M&A w/ Larry Kaplan - at CSG Partners - How2Exit

Larry Kaplan has built the nation's leading ESOP investment banking practice at CSG Partners. Since 2000, his team of employee stock ownership plan advisors have guided hundreds of middle market companies through the building and financing of leveraged ESOPs. Employee-owned companies nationwide also trust CSG with secondary sales, plan maintenance, and M&A transactions.Prior to starting CSG, Larry co-founded two growth companies, which he developed and sold.--------------------------------------------------Contact Larry onLinkedin: www.linkedin.com/company/csgpa...Website: www.csgpartners.com--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/... and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-...--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatr...►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.comIf you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channe... 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ro...» Twitter - https://twitter.com/ronaldskel...» Facebook - https://www.facebook.com/How2E...📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Jan 11, 2023 • 54min

E87: Jeff Evenson - West Point graduate and a Serial Acquisition Entrepreneur. -How2Exit

After a brief stint in the Army, he worked in the corporate world for a little over a decade before acquiring his first business in 2008. That first acquisition was a hair salon/spa that he helped grow from less than $4 million in revenues to over $7 million in ten years through opening a second location and acquiring a small manufacturing company in their supply chain. During those ten years, he was also part of a startup team that launched a Jamba Juice franchisee in St Louis, as well as a couple of other startups that didn't succeed. After exiting the salon/spa business in a divorce, Jeff joined another partner and acquired a precision machine shop doing business with NASA, SpaceX and all the major defense contractors. He exited that business after 18 months and has been coaching business owners and aspiring acquisition entrepreneurs since January 2021.Watch it on Youtube: https://youtu.be/AMRSxVZ00Og--------------------------------------------------Contact Jeff onLinkedin: https://www.linkedin.com/in/jeffreyevenson/Phone: (314) 221-0305Email: jeffrey.n.evenson@gmail.com--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.comIf you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Jan 6, 2023 • 58min

E86: Sir Darren Jacklin - Building a Portfolio of World Class Companies. -How2Exit

💎 Darren Jacklin has trained 157 Fortune 500 companies.💥Traveled 48 countries on 4 continents.💥 World-Class Speaker, Corporate Trainer who has personally trained over 1 million people in person Globally.💥 Has rang the Closing Bell 🔔 at Nasdaq twice in New York City.💥Global Traveler committed to raising $100 Million USD for Global Philanthropy Projects through his Family Foundation.💥Board of Directors eXp World Holdings (Nasdaq: EXPI) and multiple other paid Boards in Cyber Security and Artificial Intelligence.💥 Active / Passive Investor and partner in multiple companies internationallyHe has built a International CPA Firm Profitopia to a multiple 7 Figure Business.💵 Decamillionaire📚 Author of 'UNTIL I BECOME - Purpose, Perseverance, Payoff'https://untilibecome.com 👑 Sir Darren Jacklin was “Knighted” by His Royal Highness of The Royal Family of Spain 🇪🇸 on Saturday, June 04, 2022 for his acknowledgment of Global Philanthropy and Entrepreneurship.Watch it on Youtube: https://youtu.be/zBvI-T825qE--------------------------------------------------Contact Sir Darren onLinkedin: https://www.linkedin.com/in/darrenleejacklin/Website: http://www.darrenjacklin.com/--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.comIf you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Jan 4, 2023 • 53min

E85: Gregory Elfrink - Director of Marketing at Empire Flippers. -How2Exit

Empire Flippers is the #1 curated marketplace for buying and selling online businesses. With 16 unique business models, including e-commerce, SaaS, content sites, FBA, and more.Born in Anchorage, Alaska, Gregory joined Empire Flippers in 2016 as their Content Manager. Now as Director of Marketing, his goal is to take Empire Flippers more mainstream as an M&A brand and to help investors see the power of digital assets while helping sellers have life-changing exits.Watch it on Youtube: https://youtu.be/g4G-BUlkcwc--------------------------------------------------Contact Gregory onLinkedin: https://www.linkedin.com/in/gregthewriter/Website: http://www.empireflippers.com/Email: greg@empireflippers.com--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy.For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.comIf you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch 📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Jan 2, 2023 • 58min

E84: The Death of Mentors & Gurus - Asking ChatGPT AI to Learn M&A & How To Buy An SMB -How2Exit

The Death of Mentors and Gurus - How2Exit interviews ChatGPT to Learn About M&A And How To Buy A Business SUMMARY In this conversation, artificial intelligence Ali Penman a pen name he gave ChatGPT by Openai, and the host of How2Exit discuss what an SMB is, why buy versus build as an entrepreneur, and the steps to acquire a business. Ali Penman and Ronald Skelton discuss the reasons why an entrepreneur might choose to buy an existing business rather than start one from scratch. They also outline a potential project plan for acquiring a small or medium-sized business. Some of the key points covered include the importance of carefully researching and evaluating a target business, building rapport with the business owner, and identifying common ground and points of interest. In order to buy a small or medium sized business, there are nine key steps that an entrepreneur should take. They cover: researching the market, identifying potential targets, sourcing deals, outreach, building rapport, negotiating, due diligence, closing, integration, evaluation, and. Each of these steps is important to ensure a successful acquisition. Ronald Skelton also asked Ali Penman about the best ways to find potential acquisition opportunities. Ali recommended a few different approaches, including using online platforms, industry networks, and advisors. He also suggested networking and direct outreach as effective methods for finding potential deals.TIMESTAMPS 00:00:00 Interview with Ali Penman, A.I. Bot 00:02:28 SMBs: Important Contributors to the Economy00:04:21 Acquiring a Small or Medium-Sized Business (SMB) 00:06:04 The Different Steps of Buying a Business 00:10:35 Inquiry for Potential Acquisition Opportunity 00:12:18 Building Rapport with a Business Owner 00:13:49 Tips for acquiring a business. 00:15:14 Cognitive Bias and Loss Aversion in Business Negotiation 00:19:26 Negotiation Skills: How to Address Cognitive Bias and Loss Aversion00:22:48 The Black Swan Group and the 7-38-55% Rule00:26:19 Discounted Cash Flow Valuation00:29:48 The Residual Income Model: A Method of Valuing a Business 00:31:36 Due diligence and integration in business acquisitions 00:46:48 Evaluating Financial Performance, Strategic Fit, Integration, and Customer & Employee Satisfaction 00:48:25 The Acquisition Process: Assembling Your Team of Advisors 00:50:03 The Acquisition Process: Key Questions to Ask 00:53:08 The Five Best Books on Buying a Small or Medium-Sized Business HIGHLIGHTS Step by Step in detail plan of buying a small business.Ali Penman By conducting commercial due diligence, you can gain a better understanding of the business's market position and competitive landscape and identify any potential risks or opportunities. This can help you make informed decisions about the acquisition and develop a plan for future growth. The key takeaway is that I've spent 10's of 1000's on mentors and while I'll continue to support mentors, it will be more because of connections and networking than obtaining knowledge. AI has the answers.Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Dec 30, 2022 • 57min

E83: Ian Pavlik Takes Insights From Vistage And Other Sources To Maximize His Exit - How2Exit.

Ian Pavlik is the former Founder and President of pavliks.com and The Portal Connector. An IT solutions company based out of Ontario Canada with Customers and Partners around the Globe. Ian was a former professional Alpine ski racer who transitioned into the business world in the early 90's when he took over the family marketing and advertising business and pivoted it towards the IT space in the late 90's. He then grew it from a father/son small business to a 70 person, $10MM+/yr IT organization.Ian and his wife Sarah exited the business in late 2022 and have now started a charity, The Pavlik Foundation, which focuses on helping improve food security and provide educational opportunities to youth in STEM subjects.Watch it on Youtube: https://youtu.be/pARJZE8P8VA--------------------------------------------------Contact Ian on Linkedin: https://www.linkedin.com/in/ianpavlik/Website: http://www.pavliks.com/-------------------------------------------------- How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.comIf you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOSDon't forget to watch 📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
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Dec 28, 2022 • 57min

E82: Hayden Miyamoto - Founder of Kingmakers Inc.and Acquira. -How2Exit

Hayden is the founder of Kingmakers Inc, a holding company that makes investments in acquisition entrepreneurs and the companies they purchase.He is also the founder of Acquira, an Accelerator for acquisition entrepreneurs that helps people not only find, finance and purchase a business, but also helps them become management-run and introduce best practices.--------------------------------------------------Contact Hayden onLinkedin: https://www.linkedin.com/in/hayden-miyamoto-8a06941/Website: Acquira.comEmail: hayden@acquira.com--------------------------------------------------How2Exit Joins ITX's Channel Partner Network!-Why ITX?Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match."Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron SkeltonThe ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.Flippa - Real Buyers, Real Sellers - Where the Real Deals Are MadeVisit Flippa - https://www.dpbolvw.net/click-100721038-15233003--------------------------------------------------💰If you’d like additional ways to support this podcast, you can become a patron here: https://www.patreon.com/bePatron?u=66340956►Visit Our Website: https://www.how2exit.com/📧For Business Inquiries: Me@4sale2sold.com If you are new to the How2Exit channel, We're happy you clicked on our video! Hopefully, this video made you stay for good!Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬👍 Like the video (it helps a ton!)💬 Comment below to share your opinion!🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬📱Stay Tuned On Our Social Media :» Linkedin - https://www.linkedin.com/in/ronskelton/» Twitter - https://twitter.com/ronaldskelton» Facebook - https://www.facebook.com/How2Exit📞Have suggestions, or comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150🎬SUGGESTED VIDEOS Don't forget to watch📽 Our other videos. Please check them out :▶️How2Exit Episode 44: David Barnett - Author, Speaker, Seminar Host, Consultant, Coach, Educator. https://youtu.be/AxYIj_lJCOY▶️How2Exit Episode 60: Tim Mueller - Co-Founder and President of ITX. https://youtu.be/DCMAnuhLznw▶️How2Exit Episode 22: Adam Coffey - CEO, best-selling author and Forbes Business Council member. https://youtu.be/RjPjw6qRtv8#How2Exit # # 💖Thanks for watching! 💖Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.

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