27 APR 2024 · Today's Primary Sponsor is Snowball - www.Snowballclub.com - A private community of entrepreneurial investors helping each other. About the Guest(s): Brandon Knowlden is an entrepreneur with a rich background in both the advertising industry and the world of manufacturing. He kicked off his career at the early age of 13, working in his father's manufacturing business in Detroit. Later, he transitioned to advertising, working with high-profile clients like Porsche and Panera Bread. Brandon's entrepreneurial journey eventually led him to found a woodworking business specialized in creating durable housewares. Having successfully exited his business in December 2023, Brandon is currently focused on acquisitions within the custom cabinetry and manufacturing industries, aiming to build significant roll-ups that generate generational wealth. Summary: In this insightful episode of the How to Exit Podcast, host Ronald Skelton and guest Brandon Knowlden delve into the intriguing world of mergers and acquisitions, particularly Brandon's unique approach to business growth. Brandon shares his compelling journey from advertising maven to successful entrepreneur, highlighting the pivotal moments that led him to the realm of small to medium business acquisitions. Brandon's recent venture into buying a custom cabinetry company showcases a novel strategy involving a sale leaseback — a powerful maneuver that financed the purchase of the business itself. Listeners will be captivated by the intricacies of the deal, how Brandon leveraged the property's value, and his visions for future roll-up acquisitions. Key Takeaways: - The "property split" or sale leaseback strategy can significantly finance business acquisitions. - Building a quiver of private investors is crucial for executing sale leasebacks efficiently. - Seller financing conversations can benefit from a personalized, human approach, aligning the seller's needs and the buyer's goals. - There's potential for creating a more efficient system by identifying and remedying inefficient practices in acquired businesses. - Establishing genuine relationships with both sellers and their key employees is vital for successful transactions. Watch it on Youtube: https://youtu.be/wPZsiKLWukk -------------------------------------------------- Contact Brandon on Linkedin: https://www.linkedin.com/in/brandonleo/ Website: http://brandonknowlden.com/ -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! -Why IT ExchangeNet? Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match. "Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form. Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. ------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ #How2Exit # # 💖Thanks for watching! 💖

26 APR 2024 · Watch Here: https://youtu.be/hebyR7iJjdE About the Guest(s): Justin Harris is a seasoned M&A expert, specializing in website and e-commerce acquisitions. With diverse experience spanning nonprofit work, a major security firm, and entrepreneurial ventures in software and leadership development, he offers a distinctive blend of business acumen and innovation. Currently with Website Closers, Justin is known for his professional demeanor and keen insights into website market dynamics. He also personally owns niche e-commerce brands, such as scented home products. Summary: In this episode, Ronald Skelton talks with Justin Harris from Website Closers about mergers and acquisitions in the website-based business realm. They delve into Justin's journey from college to becoming a prominent figure in entrepreneurship and M&A. Justin offers insights on buying, scaling, and selling online businesses, emphasizing organized finances, efficient systems, and reducing owner dependence for those planning an exit soon. Key Takeaways: - Well-prepared financials are crucial for a successful business sale; they build trust with potential buyers. - Systems and processes should be documented clearly to demonstrate a business that won't require significant buyer involvement. - Owner dependence is a critical factor; a business that can run with minimal owner input is more attractive to buyers. - There's an expected decrease in multiples and buyer activity in today's market, affecting business valuations. - Utilizing AI for generating sales copy and content can be a game-changer for small e-commerce businesses -------------------------------------------------- Contact Justin on Linkedin: https://www.linkedin.com/in/justin-henry-harris/ Website: http://websiteclosers.com/ -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! -Why IT ExchangeNet? Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match. "Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form. Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨ 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ Previous Episode: E207: M&A Masterclass: Building and Exiting Businesses in Health & Beauty with Tina Bradley - https://youtu.be/esaYQ-iAwjo #How2Exit # # 💖Thanks for watching! 💖

24 APR 2024 · Watch Here: https://youtu.be/esaYQ-iAwjo About the Guest(s): Tina Bradley is a seasoned entrepreneur with a rich background in various business ventures, starting from her entrepreneurial journey at the age of nine. With hands-on experience in multi-level marketing, building an animal charity, and running approximately 200 monetized websites, Tina's expertise is vast and varied. She later turned her attention to mergers and acquisitions, focusing on the health, beauty, wellness, and self-care industry where she successfully built and exited a group of businesses. Tina's approach intertwines a deep understanding of operations, systematizing, and talent development, particularly in identifying and empowering managers to transition into business ownership. Summary: In this episode of How2Exit, host Ronald Skelton invites Tina Bradley to share her entrepreneurial story and insights into the world of mergers and acquisitions (M\&A). The conversation reveals the strategic moves that led Tina to success in the health and beauty sector, along with valuable learnings from her exit strategy. Tina discusses the challenges and triumphs of acquiring multiple hair and beauty salons in and around London. She outlines her methodical approach to foster managerial talent and implement systems that ensure sustainability and scalability—key to preparing businesses for a management buyout. Her journey underscores the importance of rapport-building with sellers, teaching listeners how to engage genuinely and secure deals favorably for all parties involved. Key Takeaways: - Rapport with potential sellers is critical in business acquisitions. Building genuine connections can lead to advantageous opportunities, such as management buyout deals. - Small businesses in the half-million turnover range can be a strategic focus area for building a portfolio, especially in the health and beauty space. - Empowering managers through meticulous systems and processes can prepare them for ownership, adding value to the business for a successful exit strategy. - Openness to diversified experiences and adaptability is crucial for entrepreneurs at any stage of their career. - Tina's philosophy of never giving up, inspired by her father, shows the resilience needed to succeed in the competitive world of business. -------------------------------------------------- Contact Tina on Linkedin: https://www.linkedin.com/in/tinabradleyuk/ Email: Tina@tinabradley.co -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! Have an IT Company doing between $5M and $30M You may Sell? The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. https://www.itexchangenet.com/marketplace-how2exit Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨ 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ Previous Episode: E206: Walker's Acquisition Advantage: Buy Smarter, Win Bigger with Proven Buy Then Build Strategy - https://youtu.be/_ZUXTvjbJxQ #How2Exit # # 💖Thanks for watching! 💖

19 APR 2024 · Watch Here: https://youtu.be/_ZUXTvjbJxQ About the Guest(s): Walker Deibel is an influential figure in the field of mergers and acquisitions, renowned for his bestselling book "Buy Then Build." His expertise encompasses buying and growing businesses successfully over the decades. As a seasoned acquisition entrepreneur, Walker has acquired over nine companies himself and consulted on over 300 acquisitions. He's not just an accomplished author, but also an educator and mentor within the space, having founded an accelerator, Acquisition Lab, to guide prospective business owners on the path of acquisition entrepreneurship. His thought leadership is recognized on prominent platforms, including keynotes at esteemed institutions like MIT.  Summary: Host Ronald Skelton is thrilled to welcome Walker Deibel, a towering figure in the acquisitions sector. Walker, known for 'Buy Then Build', provides a captivating glimpse into his journey from a perceived 'unemployed' individual to an acclaimed author and entrepreneur. His unique perspective on buying businesses as a means of entrepreneurship offers valuable insights to listeners. Walker discusses the evolution of the acquisitions industry, highlighting the shift from seller financing to structured loans like those backed by the SBA – a significant enabler for transactions in the current market. Deibel dissects the common myths surrounding the acquisition space, emphasizing the importance of calculated risk-taking and avoiding the alluring, yet misleading, 'get-rich-quick' acquisition strategies. This episode is a must-listen for anyone interested in mergers and acquisitions, offering a mix of practical advice, industry trends, and transparent reflections on the challenges and rewards of business ownership.  Key Takeaways: - Acquisition entrepreneurship is about taking calculated risks, rather than searching for low-investment, high-return scenarios. - Building rapport with the seller and understanding a business's culture are crucial in the acquisition process. - The SBA has been pivotal in enabling more business transactions by offering loans for business acquisitions without traditional collateral requirements. - The value of a business is not solely determined by its selling price; growth potential and current operations play significant roles. - Acquisition Lab offers targeted, lifetime support to individuals looking to acquire businesses, with a strong emphasis on community and shared learning. -------------------------------------------------- Contact Walker on Linkedin: https://www.linkedin.com/in/walkerdeibel/ Website: http://www.acquisitionlab.com/ -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! Have an IT Company doing between $5M and $30M You may Sell? The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. https://www.itexchangenet.com/marketplace-how2exit Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨ 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ #How2Exit # # 💖Thanks for watching! 💖

17 APR 2024 · Watch Here: https://youtu.be/chVnc3cyTew About the Guest(s): Parnell Speed is a seasoned professional with a background in engineering and experience in the real estate sector. After navigating the challenges of accessing capital in his own ventures, Parnell identified a widespread need for trustworthy guidance in securing funds. Transitioning into the mergers and acquisitions (M\&A) space, he was particularly drawn to the concept of roll-ups and sought to deepen his expertise through a dedicated training program. In 2019, he established his own firm, focusing on helping individuals acquire capital for acquisitions, and has since stood out as a reliable advisor, steering clients away from unfavorable funding and towards optimal financial solutions tailored to their specific circumstances. Summary: Ronald Skelton talks with capital expert Parnell Speed about creative financing strategies for business acquisitions. They explore funding options, deal structures, and financial preparedness for successful M&A. Parnell shares his diverse background and emphasizes overcoming challenges. The discussion dives into SBA loans, seller financing, and unconventional approaches like non-recourse funding. It equips listeners with the knowledge to navigate acquisitions using assets, contracts, and investor relationships. Key Takeaways: - Acquisition financing includes a range of options like SBA loans, asset-based financing, contract financing, and owner financing, but private investors can also play a pivotal role in funding deals. - Being strategic in capital stacking, which involves combining different types of funding, can enhance the potential for a successful acquisition. - Creativity in sourcing and arranging capital is crucial; it's about finding the right money rather than just any money. - Preparation for growth and operational costs post-acquisition is as important as financing the purchase, and should be factored into the fundraising strategy. - The sooner you start planning for funding an acquisition, ideally before even signing an LOI, the better prepared you'll be for a successful transition -------------------------------------------------- Contact Parnell on Linkedin: https://www.linkedin.com/in/parnellspeed/ Email: parnell@rvhcapital.com -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! Have an IT Company doing between $5M and $30M You may Sell? The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. https://www.itexchangenet.com/marketplace-how2exit Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨ 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ 🎬SUGGESTED VIDEOS Don't forget to watch 📽 Our other videos. Please check them out : ▶️E94: Hans Sperling Discusses Mergers And Acquisitions Transactions And Provisions - https://youtu.be/VdFEZq13SpE ▶️E90: Christine McDannell of Magnolia Firm Helps Business Owners Achieve Seamless Exits - https://youtu.be/wyl358GKQ4Y ▶️E127: Kirk Michie Discusses His Role As A Business Advisor And The Secrets To Selling A Business - https://youtu.be/ahHQk5_CVuo #How2Exit # # 💖Thanks for watching! 💖

12 APR 2024 · Watch Here: https://youtu.be/alOKUhhuu1s About the Guest(s): Sam Turner, from the UK, is an experienced professional with a 22-year career in the travel industry. With a strong finance background, Sam served as the Financial Director (FD) of a significantly large business owned by private equity, engaging in the integration of acquired competitors and managing the commercial function globally. After his corporate career, Sam transitioned to entrepreneurship, focusing on building a group of companies. He is currently the head of Advantos Group, where he specializes in buying and selling small businesses within the mechanical, electrical, and facilities management services sector. Summary: Host Ronald Skelton welcomes Sam Turner of the Advantos Group to discuss the intricacies of acquiring and selling small businesses in the UK. Sam shares his transition from a career in the travel industry to creating a conglomerate of small businesses that serve a niche market in the B2B space. Sam Turner's journey is compelling as he divulges the strategy behind choosing non-consumer-facing ventures within industries that display significant fragmentation and resilience to technological disruptions. Throughout the conversation, Sam emphasizes the philosophy of collaboration, avoiding business integration to preserve the uniqueness of each acquired company, and maintaining their operations and brand. This approach underscores the delicate balance between maximizing shareholder value and retaining the individual strengths of small businesses within the group.  Key Takeaways: - Collaboration vs. Integration: Sam Turner advocates for the approach of collaboration among acquired businesses, rather than full integration, to reduce risk and maintain the independence and specialties of each company. - Identifying Acquisitions: The Adventos Group seeks out small businesses with revenues between £4 million and £20 million, offering mechanical, electrical, and hard facilities management services with a minimum of 7% EBITDA margin. - Employee Engagement: Sam highlights the importance of understanding the direct impact employees have on the business. He mentions plans to create a 'growth fund,' offering staff skill development opportunities. - Profit Margins in Small vs. Large Enterprises: The conversation reveals an inverse relationship between the size of the business and profit margins within the industry, with smaller businesses often having better margins due to less competitive tendering. - Building the Employer of Choice: The ultimate goal for Adventos Group is to be the employer of choice, creating an environment where talent retention and acquisition are driven by multiple factors that surpass just the wage component. -------------------------------------------------- Contact Sam on Linkedin: https://www.linkedin.com/in/sam-turner-advantos/ Website: http://www.advantos.com/ -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! Have an IT Company doing between $5M and $30M You may Sell? The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. https://www.itexchangenet.com/marketplace-how2exit Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ #How2Exit # # 💖Thanks for watching! 💖

10 APR 2024 · Today's Primary Sponsor is Snowball - www.Snowballclub.com - A private community of entrepreneurial investors helping each other. Watch Here: https://youtu.be/dpdRmtIoYo4 About the Guest(s): Ross Turner is a seasoned digital marketing expert with over 18 years of experience in the industry. He has a background in direct response marketing and has worked with various successful businesses, including a supplement company where he served as CEO. Ross is currently the co-founder of a project focused on acquiring and growing digital direct response e-commerce companies. He is known for his expertise in driving traffic, writing copy, and building high-performing teams. Summary: In this episode, Ross Turner shares his journey from running a successful digital marketing business in the UK to partnering with industry experts in the US to build a billion-dollar enterprise valuation corporation. He discusses the challenges and successes he has encountered along the way, including raising capital, building a world-class advisory board, and navigating the complexities of mergers and acquisitions. Ross also highlights the importance of building rapport with people, being adaptable, and creating a positive company culture. He emphasizes the significance of women-owned businesses and the need for more female leaders in the industry. Key Takeaways: - Building rapport with people and having strong interpersonal skills are crucial for success in business. - Women-owned businesses are thriving and have proven to be successful in various industries. - Integrating acquired companies and maintaining a positive company culture are essential for long-term success. - Being adaptable and open to change is necessary in the fast-paced world of mergers and acquisitions. - Creating a diverse and inclusive team, including women in leadership positions, can drive growth and innovation. -------------------------------------------------- Contact Ross on Linkedin: https://www.linkedin.com/in/iamrosswhturner/ IG: https://www.instagram.com/iamrosswturner/ -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! -Why IT ExchangeNet? Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match. "Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton The IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form. Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨ 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ #How2Exit # # 💖Thanks for watching! 💖

5 APR 2024 · Today's Primary Sponsor is Snowball - www.Snowballclub.com - A private community of entrepreneurial investors helping each other. Watch Here: https://youtu.be/LVI5G-HJDmY About the Guest(s): Dominic Wells is an accomplished entrepreneur and the CEO of Onfolio, a publicly traded company specializing in the acquisition of online businesses. Located in Taipei City, Taiwan since 2008, Wells started his journey as an English teacher before venturing into the digital business space. His diversified business portfolio includes marketing agencies, WordPress plugins, online courses, e-commerce businesses, and online content. With a team spread across the globe, Wells has spearheaded numerous acquisitions and has become a prominent figure in the digital acquisitions sphere. Summary: Ronald Skelton welcomes Dominic Wells to discuss the landscape of business acquisitions, particularly in the context of a rapidly evolving market influenced by concerns around AI, economic stability, and business valuations. The conversation delves into the nature of operating a publicly traded company and the strategic moves made by Onfolio in the current acquisition-friendly environment. Dominic Wells delves into Onfolio's recent shift towards acquiring marketing agencies, citing their appeal for high returns and growth potential. He highlights the strategic geographical distribution of his team, suited for managing primarily online businesses. Wells also discusses market trends, AI's impact, and Onfolio's readiness for the future. Reflecting on his CEO role post-IPO, he shares unexpected realities and the learning curve. Exploring investment strategies and acquisition criteria, Wells illustrates Onfolio's trajectory and stresses the significance of tenacity in acquisition entrepreneurship. Key Takeaways: - Marketing agencies present lucrative opportunities for acquisition, with Onfolio focusing heavily on this sector due to impressive performance metrics. - The influence of AI on businesses is significant, but Wells urges a more tempered and strategic approach to incorporating AI advancements. - Going public as a company involves facing market dynamics and investor behaviors that may not align with pre-IPO expectations. - Onfolio's approach to acquisitions involves maintaining the independent brands and operations of acquired companies while centralizing certain functions for efficiency. - Wells advocates for the importance of tenacity in the acquisition entrepreneurship space and considers the current market an advantageous time for acquisitions. Notable Quotes: - "So I'm located in Taiwan, Taipei City... But my team is located all over the world." - Dominic Wells - "I think it's a little bit of a calm time, but a good time to be acquisitive." - Dominic Wells - "You can learn from bumps and bruises." - Dominic Wells - "Dominic Wells opens up about operating a publicly traded company and the strategic moves made by Onfolio in the current acquisition-friendly environment." - Episode Summary -------------------------------------------------- Contact Dominic on Linkedin: https://www.linkedin.com/in/dominic-wells-onfolio/ Website: https://onfolio.com/ -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! Have an IT Company doing between $5M and $30M You may Sell? The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. https://www.itexchangenet.com/marketplace-how2exit Our partnership with IT ExchangeNet focuses on deals above $5M in value. If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.  -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨ 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1  𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ #How2Exit # # 💖Thanks for watching! 💖

3 APR 2024 · Today's Primary Sponsor is Snowball - www.Snowballclub.com - A private community of entrepreneurial investors helping each other. Watch Here: https://youtu.be/L4aiz8cZQCU About the Guest(s): Reid Tileston, a seasoned professional with a fascinating background in finance and a passion for fitness, shared his journey on the How2Exit podcast. Born to two Northern California hippie runners, Reid's entrepreneurial spirit was nurtured from an early age. He is an alumnus of UC Berkeley and previously worked at Industry Ventures, a venture capital and private equity firm. Reid took a bold leap by opening a fitness club in Sacramento during the Great Recession and has since become a multi-unit Anytime Fitness club owner-operator. In addition to his fitness endeavors, Reid has acquired and sold businesses across various industries, including industrial services. He also authored a book, "Grid It Done," and is committed to helping others achieve their American dream of business ownership. Beyond business, Reid is an adjunct professor and is working on his Ph.D. at Case Western Reserve University. Episode Summary: Ronald Skelton invites Reid Tileston to explore the realm of mergers and acquisitions. They start with a funny origin tale, sparking an interesting talk on entrepreneurship's challenges and successes. Reid talks about his journey, from starting a gym during the Great Recession to managing several Anytime Fitness branches and venturing into industrial services. Further into the episode, Reid emphasizes the importance of diligence, the human aspect of business ownership, and the power of fostering relationships within your business and peer networks. Drawing from his personal journey, he offers invaluable insights into what it takes to navigate the challenging landscape of buying and selling businesses and underscores the impact of business ownership on personal failure and civic engagement. The episode serves as a guide for anyone interested in the entrepreneurial journey, offering strategies for risk mitigation and success. Key Takeaways: - Reid Tileston's unique entrepreneurial journey demonstrates that dedication and innovative approaches, such as becoming deeply involved in the community and embracing franchise opportunities, can lead to achieving the American dream of business ownership. - Effective transition management and building strong relationships with both clients and employees are critical to the success of any entrepreneurial endeavor. - The experience of selling a business can be deeply complex and emotional, often involving considerations beyond financial gain, such as seller satisfaction and the role of competent intermediaries. - The decision to become an entrepreneurial business owner requires full commitment, and it's essential to be prepared and understand the personal and professional implications of such a path. - Reid has authored "Grid It Done," a valuable resource for prospective business owners to understand and navigate the world of entrepreneurship through acquisition. -------------------------------------------------- Contact Reid on Linkedin: https://www.linkedin.com/in/reidtileston/ Website: https://reidtileston.com/dashboard/login.php -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! Have an IT Company doing between $5M and $30M You may Sell? The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. https://www.itexchangenet.com/marketplace-how2exit Our partnership with IT ExchangeNet focuses on deals above $5M in value.  If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa. -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ #How2Exit # # 💖Thanks for watching! 💖

29 MAR 2024 · Today's Primary Sponsor is Snowball - www.Snowballclub.com - A private community of entrepreneurial investors helping each other. Watch Here: https://youtu.be/HG8oQJeVZLA About the Guest(s): Patrick O'Connell is an experienced mergers and acquisitions (M\&A) advisor with a profound depth of knowledge in buying and selling small businesses valued between one to $20 million. Patrick brings his expertise from a solid educational foundation with a degree in accounting from James Madison University to his current position as the founder and managing director of M\&A transaction services at O'Connell Advisory Group. With a career spanning over a decade, Patrick has become an industry-agnostic specialist, facilitating financial diligence, quality of earnings, purchase price negotiation, and offering comprehensive partnership support to his clients. Episode Summary: In this engaging episode of the How2Exit Podcast, host Ronald Skelton welcomes Patrick O'Connell, a seasoned mergers and acquisitions advisor, to shed light on the intricacies of buying and selling small businesses. This episode serves as a deep dive into Patrick's journey from a young accounting graduate to a M\&A powerhouse, navigating transactions in industries as varied as HVAC and pharmaceuticals. Patrick walks us through the process that remains consistent across industries when acquiring or selling a business, from the Letter of Intent to due diligence and purchase price negotiations. The conversation also covers the strategies business owners should consider to prepare for the buying or selling process, such as having a solid management team and establishing an exit plan that truly adds value to the business. Key Takeaways: - Business valuation is often industry-specific, and the market sets the price based on comparable sales in the recent past. - Emotional readiness and concessions are critical in M&A transactions. Deals not only involve financial stakes but also human emotions and relationships. - A company being ready to sell often means having an operational structure where the owner's day-to-day involvement is minimal. - A dedicated M&A team can catalyze growth through acquisitions, but this concept is underutilized in small to mid-sized businesses. - Businesses with paper-based accounting and traditional management can still be great acquisition targets if their financials are in order. -------------------------------------------------- Contact Patrick on Linkedin: https://www.linkedin.com/in/patrick-o-connell-3b235177/ Twitter: https://twitter.com/SMBDealGuy -------------------------------------------------- How2Exit Joins IT ExchangeNet's Channel Partner Network! Have an IT Company doing between $5M and $30M You may Sell? The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms and channel partners in the Microsoft, Oracle, ServiceNow and Salesforce space. If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential. https://www.itexchangenet.com/marketplace-how2exit Our partnership with IT ExchangeNet focuses on deals above $5M in value.  If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.  -------------------------------------------------- 💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/ ►Visit Our Website: https://www.how2exit.com/ 📧For Business Inquiries: Me@4sale2sold.com Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨ 👇🏻SUBSCRIBE HERE https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it helps a ton!) 💬 Comment below to share your opinion! 🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📱Stay Tuned On Our Social Media : » Linkedin - https://www.linkedin.com/in/ronskelton/ » Twitter - https://twitter.com/ronaldskelton » Facebook - https://www.facebook.com/How2Exit » Newsletter - http://deeper.how2exit.com/ ▶️E94: Hans Sperling Discusses Mergers And Acquisitions Transactions And Provisions - https://youtu.be/VdFEZq13SpE ▶️E90: Christine McDannell of Magnolia Firm Helps Business Owners Achieve Seamless Exits - https://youtu.be/wyl358GKQ4Y #How2Exit # # 💖Thanks for watching! 💖