ZC 96 - Selling a Business Is Like Dating

Zon Con Podcast - A podcast by Andrew Erickson

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In today's episode we talk about the life cycle of a selling a business and comparing it to DATING. This is a short but fun-filled episode and we hope you learn something from this one. If you want to listen to our in-depth about exiting a business you can check the links below. ZC 78 – Selling the Biz Part 1: Why Sell Your Business? https://zonconpodcast.com/podcast/zc-78-selling-the-biz-part-1-why-sell-your-business/ ZC 79 – Selling the Biz Part 2: How to Sell Your Business? https://zonconpodcast.com/podcast/zc-79-selling-the-biz-part-2-how-to-sell-your-business/ ZC 80 – Selling the Biz Part 3: Yes, We Did It! https://zonconpodcast.com/podcast/zc-78-selling-the-business-yes-we-did-it/ ZC 81 – Selling the Biz Part 4: Empire Flippers https://zonconpodcast.com/podcast/zc-81-selling-the-biz-part-4-empire-flippers/ We can help you exit your business too! Go to www.zonconpodcast.com/EXIT to learn more about selling your business for FREE! Below is a timeline of selling your business and our dating analogy. Shopping Around - Beginning to consider to date somebody. Broker - It’s when you have someone facilitating those dates for you (In Chris’ example is Tinder). NDA (Non-Disclosure Agreement) - Your first date! LOI (Letter Of Intent) - You’re officially Boyfriend/Girlfriend. APA (Asset Purchase Agreement) - You are now MARRIED! Earn-out - Having kids. IPO - When you get big and have a lot to share. BONUS Empty Nester - This is when the kids move out and get all the cash..LOL Listen to our previous episode with Chris Rawlings on the link below. ZC 94 – You Can Be the Surfer https://zonconpodcast.com/podcast/zc-94-you-can-be-the-surfer/ ZC 86 – Snuck In at Events So He Can Meet Brilliant Startup Founders Part 2 https://zonconpodcast.com/podcast/zc-86-snuck-in-at-events-so-he-can-meet-brilliant-startup-founders-part-2/   ZC 85 – Snuck In at Events So He Can Meet Brilliant Startup Founders Part 1 https://zonconpodcast.com/podcast/zc-85-snuck-in-at-events-to-meet-brilliant-startup-founders-part-1/   ZC 44 – Is ECommerce in its Infancy? https://zonconpodcast.com/podcast/zc-44-is-ecommerce-in-its-infancy/   ZC 40 – Raising Money For Your Business https://zonconpodcast.com/podcast/zc-40-raising-money-for-your-business/  You can get in touch with Chris directly through: [email protected] Helium10 is our favorite tool for Amazon sellers. Use ZonCon10 for 10% off for life!! https://crushtrk.com/?a=1204&c=188&p=r&s1=