Get clear on what you want from the business and why

It is crucial to determine who you are, what you want from the business and why in order to make the journey of being a business owner and entrepreneur "worth it".

Most entrepreneurs measure their success by how much revenue they are doing, how much money they have raised, how many employees they have, or how money they can pull out of the company each year.

I believe that the true measure of success is creating a valuable business that gives you freedom of time, money, relationships, and purpose. Truly to wake up and choose to do whatever you want with your time each day.

Learn how to view - and run - your company like a financial asset 

I love to dive deep into valuations, how they work, how companies are valued during different types of exits. It is important to understand how to value a company if you want to treat. your business as an asset. I am guessing you want your assets that you invest in to grow in value? That is why it's important to clarify a target equity valuation at a point in the future and your desired income along the way.

Learn about M&A, Exits Options, Economics and More.

It is crucial to understand the various ways you can exit your company so you can match up the your ideal exit option and timing with the things that are most important to you. I explore all the various types and ways to exit a business (Internal Transfers / Buyouts Acquisition Entrepreneur, ESOPs (Employee Stock Ownership Plan), Private Equity, Strategic Buyers. and any many others.) We also do a quarterly M&A and Economic Update with ITR Economics and ButcherJoseph. This helps bring practical information about the economy and the M&A market to the privately help business owner so they can use it to inform their decisions and long-term planing.