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How to Build a Valuable Business You Can Sell Someday | Ep 726
The Game w/ Alex Hormozi
Focus on Scalability and Sellability
Sellable businesses are typically straightforward and faceless, allowing potential investors to easily evaluate costs, yields, and returns. Focusing on businesses that have less key man risk and exhibit recurring revenue is crucial, as these qualities enhance desirability and value. It's more effective to scale or grow existing sellable ventures than to develop businesses with high volatility and dependency on individual contributions. To increase a company's sellability, businesses should minimize dependencies on owners and cultivate stickier, more recurring elements within their operations.
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