How Buying Add-On Businesses Can Increase Your Value
Manage episode 345338243 series 3101507
In this episode of Uncoded, we talk about How Buying Add On Business Can Increase Your Value. This is something I’ve been mastering over the past years and just like you, an entrepreneur we get into this kind of like the mindset of building businesses or trying to add multiple streams of income.
And as you grow your business you think of what’s the next step and for me, it’s always increasing the value to sell the business but how do you do that? Here we answer the question of How Buying Add On Business Can Increase Your Value, I cover the things like acquisition, seller financing, add-on businesses, books or resource for your business, and many more!
Here’s the preview of this episode:
00:45 - Go back to the root cause of why did you start your business.
01:37 - Because ultimately if your goal is freedom, that one day you may actually sell your business
04:30 - The first step that you have to do is you have to focus on your customers for a period of time and start to notice the problems that your customers are experiencing.
06:00 - There are so many different ways that you can do to be able to purchase different assets without even having to come out of pocket– you could do something called seller financing.
09:00- Begin with the end in mind– making your business sellable.
Start to put one foot in front of the other and you start to treat your business as something that maybe one day you will sell and when you do that you increase the value of not only yourself but also increase the value of your company as well.
Know more about Justin:
IG- Instagram.com/ceojustinburns
CEO of Miestro - miestro.com
19 episoade