

The Deep Wealth Podcast - Unlock Your Deep Wealth—In Business and Life
Deep Wealth by Jeffrey Feldberg
Your business is your legacy, but does it own you? Most entrepreneurs aren’t ready: 90% of exits fail, and founders leave 50-100%+ of the deal value behind.Not from a bad business, but poor preparation.The Deep Wealth Podcast, hosted by Jeffrey Feldberg, who built a startup from his parents’ attic, rejected a 7-figure offer, and secured a 9-figure exit in 24 months, shares his 90-day Deep Wealth Mastery system.Join top founders and dealmakers for proven exit strategies and profit-boosting tips to build a self-managing business and land a legacy-defining deal.Don’t let regret steal your millions. Subscribe at https://iapdw.com/podcast to unlock your freedom and build your golden legacy.
Episodes
Mentioned books

Oct 20, 2020 • 43min
Financial Economist Mike McDonald On How And Why You Should Seek Alpha For Your Business To Maximize Profits (#27)
Send us a text"Taking chances on average over time, if you're smart about it pays off and pays a dividend." - Mike McDonaldDr. Michael McDonald is a professional financial economist with a PhD in finance, and a significant background working in finance including a decade on Wall Street and in various corporate finance roles. His consulting clients have included Fortune 500 firms, banks, hedge funds, asset managers, and government agencies. Michael prides himself on being adept at identifying areas of financial challenges or opportunity for firms and then capitalizing on them. Michael excels in explaining and applying sophisticated topics in corporate finance and business intelligence in a way that is comprehensive yet understandable to finance and non-finance professionals alikeHe specializes in working on analysis and decisions related to big data, business intelligence, financial forecasting, pricing and operational effectiveness. Michael has authored extensive research studies on investments, corporate debt, rates of return to investors under various scenarios, and valuation of tangible and intangible assets. His work has appeared in the Journal of Corporate Finance, the Journal of Behavioral Finance, the Journal of Business and Behavioral Studies, the Journal of Fixed Income, Studies in Economics and Finance, and the Pacific Basin Journal of Finance among other professional journals. He has also authored numerous case studies on situations in corporate bankruptcies, spin-offs, restructurings, mergers, and other significant business events. Michael’s work has been cited by the Wall Street Journal, Marketwatch, Bloomberg, Reuters, and other news organizations.SHOW NOTESFrom the classroom to the board room, Mike's storyHow Mike helps Dell, Microsoft, and Goldman Sachs growLessons mid-market businesses can learn for large businessesHow to find a gold mind of opportunities by licensing products from universitiesThe industry-leading study Mike did on investment bankers and liquidity eventsWhat business owners must know about the preparation process for a liquidity eventTwo metrics business owners must ask about their businessesThe surprising answer to the question, "would you rather have a 1% increase in volume or price?"Why seeking alpha isn't just for stocksUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Oct 13, 2020 • 48min
Investment Banker Peter Kubasek On Everything You Should Know About A Liquidity Event But Probably Don’t (#26)
Send us a text"If you prepare, then you have a much better chance of capturing the multiple that you desire to get" - Peter KubasekPeter Kubasek is Founder and a Managing Partner of ArkMalibu. Peter has been closely involved in more than 500 merger and acquisition projects ranging from $2 million to over $1 billion in sales representing billions in transactional value.Peter brings a vast background of knowledge and understanding to every engagement in which he is involved. His success stems from his ability to identify the core needs of his clients, developing creative solutions and applying sound analytical and negotiating skills to each engagement. He has advised clients on preparing for exit, valuations, divestitures and financing options in a variety of areas including 3D printing, technology, services firms, communications, manufacturing, consumer package goods and distribution.After earning an MBA from Pepperdine University, Peter began his career at Andersen Consulting in Los Angeles, moving quickly into Corporate Development roles at Nestlé USA and The Loewen Group. Peter obtained his undergraduate business degree Magna Cum Laude from John Brown University.Peter is a member of the national Young Presidents’ Organization, the Cincinnati Association for Corporate Growth and the Business Growth Alliance Affiliate Board. He is the former President of the Cincinnati ACG. He has also served with the boards of several local charitable organizations and has volunteered in a variety of service endeavors. Peter and his wife Maryam have been married more than 30 years and have two sons, Hudson and Luke. They live in Loveland, Ohio. Having grown up in Vancouver, British Columbia, Peter has a great love for the game of hockey and has coached his sons and other local youth.SHOW NOTESThe story of Peter's Uncle, Bill Baher, whose life lessons helped Peter become the person he is todayWhy preparation is the key to unlocking the multiple you want when selling your businessThe importance of preparing yourself for life after your exitWhy not all investment bankers may not be the advocates you think they areThe dangers of not involving your team in your exit from day oneWhy it's better to pay tax now on personal expenses than pay later during your exitHow business owners leave untold millions of dollaUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Oct 6, 2020 • 39min
George Sandmann On How To Grow Your Business And Increase Enterprise Value (#25)
Send us a text"We lose sight of the fact that we start companies to convert our sweat and treasure into valuable equity. One day we will sell to someone, so that we can fund our family's wealth goals." - George SandmannGeorge is the CEO CoreValue Advisor Software. An attorney by training, George is an entrepreneur with almost 30 years experience starting and growing companies. George joined CoreValue Software in 2013, and in 2017 founded his current company, creating a complete business consulting system based on the CoreValue Software. In addition to his work with CoreValue, George co-founded the Association for Enterprise Growth, served as Interim Executive Director of the International Growth & Exit Planning Association, and is co-authoring the 'Growth Consulting' curriculum for the Consultants' Training Institute.In 2020 George developed the '3 Dimensions of Business Growth' methodology, making private company growth and equity value actionable. SHOW NOTESGeorge's background and adventures in businessHow to create a company that is stable and easy to runWhy your goal needs to be predictable revenue, profits, and cash flowThe three dimensions of business growthHow CoreValue was created and its missionWhy over 25,000 companies use CoreValueThe power of creating an operating manual for your businessWhy every business owner must identify the niche the business operates inHow CoreValue takes the SWOT approach to your business to create actionable itemsWhy you must think of your business from your future buyer's perspectiveAligning your enterprise value with your lifestyle financial requirementsThe power of knowing where you need to be today so you can get there tomorrowWhy 80% of business valuators rely on CoreValueCase studies of business owners who leverage CoreValue to create lucrative liquidity eventsThree things every business must do to welcome successWhy sales and marketing is the number one contributor to value gapThe change in tides in the marketplace of companies realizing their employees need to be in the office and not at homeHow most business owners are one person away from catastrophe and what to do about itStepping back and analyzing what tasks in your business are irrelevanUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Sep 29, 2020 • 40min
Peter Gudmundsson On Little Known Secrets To Maximize Your Liquidity Event (#24)
Send us a text"Trust in the path you're on." - Peter GudmundssonPeter Gudmundsson is the managing director of Longship Partners. Until recently, Peter was the CEO of the Pet Loss Center, a fast-growing leader in pets, memorialization and cremation services.Previously, Peter was the president and CEO of RecruitMilitary, the leading veteran hiring solutions company that he bought with an investor group in 2013.RecruitMilitary helps companies attract and retain high quality veteran employees and students. Peter sold the company for a 34% IRR. Most of Peter's career has been dedicated to leadership in media, education, and intellectual property intensive businesses. He has purchased and or sold about 30 businesses during his career.Peter is a regular media contributor. He has appeared on CSPAN, multiple local television and radio programs and has published opinion pieces in Forbes, the Washington Post, US News and World Report, The Hill, the Christian Monitor, and many other periodicals.Peter is also the author of Not Done Yet: A College to Career Transition Guide for Parents and The Veteran Hiring Leaders Handbook. He has also served on the board of a 20,000-student charter school system, International Leadership Texas. A former US Marine field artillery and intelligence officer Peter is a graduate of Harvard Business School and Brown university.Peter serves as the honorary Consul for the Republic of Iceland in Texas, and is a member of the Young President's Organization, Gold Maverick chapter. He's married to the former Kathleen Vouté of Bronxville, New York. They reside in Dallas and have four adult children. SHOW NOTESThe unique perspective Peter has from being both a buyer and seller of businessesThe danger of letting your ego get in the wayWhy your business must run without youThe importance of organized accounting recordsWhy you must trust but verifyKnow your company's strengths and weakness from a buyer's perspective increases enterprise valueCritical things you must know about investment bankers before your liquidity eventThe importance of viewing your business as an ATM machineWhy you must leave room for market growth to maximize your enterprise valueThe power of an auction to increase enterprise valueWhat to be aware of in an auctiUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Sep 22, 2020 • 47min
Ben Richter Reveals Proven Success Strategies For Business Exits And Life (#23)
Send us a text"The natural evolution of entrepreneurs is we go from learn to earn to return" - Ben RichterBenjamin Richter is the founder and CEO of Bradford Airport logistics and Bradford Swissport Logistics. Bradford is both the US and global leader in secure airports, terminal logistics. The company has earned a reputation for innovation and operational excellence.Under Benjamin's leadership skills over the past 19 years, Bradford has almost singularly carved out and pioneered the US domestic market space associated with airports, terminal, centralized, receiving and distribution centers. Bradford airport logistics has been awarded more CRDC contracts than any other logistics security organization in the world.Ben has held numerous leadership positions involving nonprofit organizations within the state of Texas, such as a board member of the Texas Center For The Missing and currently serves in an advisory role, heading the leadership development Institute on behalf of the Harris County Sheriff's Department.Ben has a master of science in Industrial Engineering from the University of Houston, a Bachelor of Science, Mechanical Engineering, and a Bachelor of Arts Business Administration from Bucknell university and has completed the intellectual property law curriculum at the university of Houston law school.Ben's early professional career as a project leader for the deployment of enterprise resource planning systems for midsize manufacturing and distribution organizations provided the platform of knowledge. He has leveraged in his entrepreneurial endeavors.SHOW NOTESWhy your busines must have a defined purposeHow company culture is the single most important thing you must focus onBen explains why success depends on the interaction between customers and your employeesThe power of mentorship and the responsibility of being a menteeWhy you must enter a mentorship like a four-year-old who is ready to learnWhy Ben spends one day a month as a mentorThe power changing the words "have to" into "get to"The importance of bringing other people with you on your quest for financial freedomHow Ben helps people without expecting anything back and the enjoyment this bringsAn exit from one business is an entrance into a new phase of leadershipWhy you must find thUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Sep 15, 2020 • 42min
Deva Neely On How To Speak Your Way To Success On Your Business Exit (#22)
Send us a text"Everybody has it within them to do amazing things and it comes down to how we communicate" - Deva NeelyFor over two decades Deva Neely has been a Voice Specialist. Deva has worked her magic with people of all skill levels in the entertainment and corporate worlds. She is a former teacher turned Empowerment Coach. Deva gives back to the community through working with youth on leadership skills. When it comes to youth, Deva promotes mental health awareness and suicide prevention. Whether you're a child or business professional, Deva has created a platform for people to tell their stories and take back their power. Deva gives you the tools and opportunity to grow and learn in both your personal and professional life. SHOW NOTESWhen it comes to selling your business, your future buyer sizes you up in the first few seconds of meeting youWhy your voice and how you present affects a buyer's confidence in you and your businessDeva's background from actor, to teacher, to Empowerment CoachWhy everybody has it within them to do amazing things and it comes down to how we communicateThe importance of your voice in virtual meetingsHow to present in a professional manner in a virtual meetingWhat to look for in your background when attending a virtual meetingLook at people directly in their eyes and speak with confidence to build trustHow to dress for success in a virtual meetingWhy you should sit forward, or stand if possible, when presentingHow conversation builds trustThe art of being rehearsed but not too rehearsed when presentingThe power of the "ocean voice" technique when presentingHow to train your voice through specific voice exercisesWhy every business owner should work with a vocal couch before starting the exit processThe little known secret of presenting through the power of cadenceHow a timed pause makes you an effective speakerTraining techniques Deva uses with people who have accentsDeva reveals the secrets of actors and stage performers for speaking to many peopleWhy your voice needs four hours to warm upVoice warm-up techniques that prepare you to speak your way to successDeva's routine on how she prepares starting the night before an important presenUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Sep 9, 2020 • 41min
How To Avoid Committing The Worst Mergers And Acquisitions Mistakes (#21)
Send us a text"In M&A every mistake you make takes your hard-earned money and puts it in your buyers pocket." - Jeffrey Feldberg and Steve WellsJeffrey Feldberg and Steve Wells are the founders of Deep Wealth. Deep Wealth is an M&A advisory services preparing business for their exits. Deep Wealth has two mandates for business owners. First, showing business owners how to protect themselves on their exits. Second, enabling business owners to maximize enterprise value.Feldberg and Wells know a thing or two about exits with their eLearning company Embanet. An experienced buyer presented a 7-figure 3-times EBITDA unsolicited offer to buy Embanet. Feldberg and Wells said "no" to the unsolicited offer. Instead, the two said "yes" to mastering the art and science of selling a business. Two years later, Feldberg and Wells, welcomed a 9-figure exit based on 13-times EBITDA.Business owners are dreamers, the make-it-happen people, and the change-makers. It's us business owners who put everything on the line and win against all the odds. So, why is it that as business owners, we’re at the losing end when selling our companies? The six-week Deep Wealth Experience is a proprietary system. At the core are the strategies and exit playbook that created the 9-figure exit. Take your experience to the next level with a private mastermind group. Enjoy peace-of-mind from your live success coach who walks you through the system step-by-step. The only "silly" question is the one that isn't asked. Finally, benefit for the in-the-trenches experience of Feldberg and Wells.SHOW NOTESMergers and acquisitions mistake one: your business value is an opinion and not a factThe importance of standing out from the crowdHow to show your differentiation and value Mergers and acquisitions mistake two: mastering due diligenceWhy every business owner must perform due diligence before starting the exit processThe importance of creating your virtual data room before hiring and investment bankerHow your data room conveys an image of professionalism and readiness The power of finding the skeletons in your business closet before starting your exit Mergers and acquisitions mistake three: not using an auctionWhy a mergers and acquisitions auction saves you time and increases valueUndeUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Sep 2, 2020 • 48min
Richard Kopman On How The Customer Payment Experience Can Increase Profits and Business Value (#20)
Send us a text"My most important role is the CEO of this company is finding good people to join our team" - Richard Kopman Richard Kopman, is cofounder of the FinTech startup, Pllenty Inc. and serves as the chief executive officer. Richard plays an integral role in Pllenty's product, business development and strategic planning.Kopman is a 25-year veteran of the IT industry and has worked with clients in a wide variety of sectors. He has a hand on approach to managing client engagements. Kopman believes in the value of the customer experience.Firms who work with Kopman can expect a creative visionary who hits the ground running, identifying and capitalizing on the potential and untapped verticals, and crafting positioning strategies that create competitive distinction, and galvanize exponential growth in revenue and account capture. Kopman's gift for networking and client relations has consistently proven vital in securing prestigious new clients at the Fortune 2000 levels, such as CIBC, RBC, TD Bank, Scotiabank, National Bank Financial, Citi Bank, Hydro One, Bank of America, Macy's, and Walmart to name a few. SHOW NOTESWhy it took Richard two decades to solve a painful problem in the world of customer paymentThe gap that Plenty fills for both businesses and not-for-profitsHow Plenty works with small organizations and large multinational companiesThe challenges with payment processors like Stripe and PayPalWhy being online today is not a luxury but a necessity, especially with COVID-19The power of the omnichannel to offer payments through email, chat, SMS, social media, and the webHow Pllenty filled a market void by giving a businesses' customers choice for how to payWhy Pllenty chose Amazon Web Services for its back-end data storage and cloud accessHow to make it easy for a business to create a market disruption in international marketsRichard reveals the industry secrets that processors don't want you to knowWhy Pllenty is transparent with its billingRichard talks about his decision to ensure Pllenty's integration is painless and with no costsHow COVID-19 has reduced the reluctance to do things in a different wayRichard shares how Pllenty works with not-for-profits, such as churches, to boost fund-raisingHow Pllenty Unlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Aug 26, 2020 • 39min
Rolando Gadala-Maria On How To Massively Increase Your Company Valuation (#019)
Send us a text"In order for us to help others, we need to first help ourselves. " - Rolando Gadala-Maria Rolando Gadala-Maria is Founder and CEO of Visage Capital Group. Rolando has more than 35 years of experience as a serial entrepreneur. He brings a unique set of skills and experience that include founding new businesses, investing and restructuring existing businesses, Mergers and Acquisitions, business strategy, and business growth models.Rolando and his team created a proprietary deep analytical process that identifies perceptions of value from different buyers and sectors. Rolando helps clients maximize their exit value by preparing these companies to have the right positioning and alignment. The end result is that Rolando never sells a company until its value is maximized for shareholders and optimized for the buyer. Rolando's deep conviction is when the homework is done extra value is always added.SHOW NOTESThe inside story behind the meaning of Rolando's company nameLessons learned from Rolando after selling two companiesThe importance of aligning your core values as a person with what you do as a business ownerWhy you must take a deep dive to learn your business to find its potentialThe market disruption from COVID-19 and the opportunities that have resultedWhy companies must embrace technology and become digitalRolando's proprietary processaligns value for shareholders, company, market, and the productWhy most products and services become obsoleteBusiness owners can be good entrepreneurs or good managers, but not bothThe importance of hiring people who are smarter than youWhy every business owner should have a board of advisorsRolando shares how to run a board of advisors and find the membersBreaking the myth that the value of a company is a formula in a spreadsheetWhy do digital companies have multiples of revenue instead of EBITDAThe difference between strategic buyers and financial buyersThe importance of aligning the perception of value between sellers and buyersWhy every business owner must gain the trust of buyers during the exit processRolando's view on why business owners must be excellent leadersThe research and work Rolando has done on leadership and his mentoUnlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐

Aug 19, 2020 • 39min
Firmex CEO Joel Lessem On How He Sold His Company Twice And Other Valuable M&A Strategies (#18)
Send us a text"What matters for me and what I've learned over the last 14 years is that I helped other people be successful. " -Joel LessemJoel Lessem has over 25 years experience in successfully accelerating revenues and growth of businesses. Under his leadership, Firmex is rapidly becoming a standard for sharing large volumes of highly confidential and sensitive documents for corporate transactions, litigation and compliance. Firmex is a rule of 40 business delivering strong investor returns and high customer and employee satisfaction scores.Prior to co-founding Firmex in 2006, Joel drove the US growth of Point Force leading to the company's acquisition in 2004. In 1999, Joel co-founded Crescent logic, a software company that provided online equity research publishing tools for investment banks.SHOW NOTESThe lucrative power of an option plan when selling your companyWhy you should always take enough money off the table if you decide to stay on after selling your businessHow to determine if you have what it takes to stay in the company after exitingWhat private equity groups bring to the table that other buyers don'tHow an auction process helped Joel get top dollar when selling FirmexThe benefits an auction brings to the merger and acquisition processWhat to expect in due diligence How to adapt your mindset when starting the process of selling your businessWhat Joel's company, Firmex, does and its role in the mergers and acquisitions industryThe power of a virtual data room and why you need oneHow a virtual data room worksWhy a virtual data room can save you from making costly and embarrassing mistakesHow Firmex had approximately 15% of the deal volume in North AmericaWhy it's important to put yourself in the buyer's shoes to help guide you through due diligenceHow Firmex has responded to COVID-19 to serve its clients and protect its employeesWhen you're prepared you have choices. Joel talks about industries benefiting from COVID-19.Joel discusses how honesty, fairness, collaboration, and shared success are his valuesWhy leaders can adopt these values to have a healthy and successful cultureWhat drives Joel is helping other people being successfulThis podcast is brought to you by Unlock Your Lucrative Exit and Secure Your Legacy 🚀 Ready to maximize your business's value for a successful exit? The Deep Wealth Podcast is your ultimate resource to extract deep wealth and master the strategies that led our founders to a 9-figure exit. 👉 Start Your Journey Game-Changing Exit 👈 Exclusive Resources for Your Success: 🏆 Client Testimonials 🗺️ Deep Wealth Strategy Map 🎧 Subscribe to The Deep Wealth Podcast 📘 Free eBook: "From a 7-Figure Offer to a 9-Figure Exit" 📞 Book Your FREE Strategy Call 💡 Have questions about maximizing your exit? Click here to have them answered on our podcast! 🎯 Your Opinion Matters—Help Improve Our Podcast by taking our Quick Survey 🙏 💬 Love our content? Leave a review to help us keep delivering top-tier insights for your business success! ⭐