105: Skills To Build Your Business Are Not Same To Sell It, Jeffrey Feldberg

Succession Stories - A podcast by Laurie Barkman

Categories:

How do you master something you've never done before, like selling your business? Entrepreneurs don’t start and build their companies on their own. And neither should they plan their business transition or exit strategy without trusted experts in their corner. Jeffrey Feldberg is the Co-founder and CEO of Deep Wealth, a company that helps business owners learn how to prepare for a maximum-value exit.   Jeffrey founded and scaled an eLearning company, Embanet, with his partners and eventually sold the business. Incredibly, they rejected the first offer for seven figures, but ended up selling it two years later for nine figures.  Jeffrey tells the story behind the story of this impressive accomplishment. Key to his success was understanding that the skills that he used to build his business were not the same skills to sell it. Having excellent advisors and preparing before a merger or acquisition also can help you increase the value. You have one chance, don't gamble with your future. If you're thinking about selling your company one day, you’ll want to take lots of notes. Enjoy this week’s Succession Stories with Jeffrey Feldberg. Show Links: www.deepwealth.com   About Succession Stories Podcast Succession Stories is an award-winning podcast hosted by Laurie Barkman, The Business Transition Sherpa-- guiding business owners from transition to transaction. From building value to letting go. Subscribe to Succession Stories and share a review if you enjoy the show! Learn more at https://smalldotbig.com  Book a 1:1 Advisory call at: www.meetlauriebarkman.com _______________________________________ Become an Official Patron of Succession Stories Podcast:  https://www.patreon.com/lauriebarkman _______________________________________   Is this the year to sell your company? Don't leave your exit to chance. Stony Hill Advisors works with owners like you to get ready and maximize value when you're ready to sell. Visit www.stonyhilladvisors.com/podcast for a complimentary business valuation.