In this episode of The Million Dollar Flip Flops Podcast, Rodric sits down with Pete Mohr, a lifelong entrepreneur and exit planner, to talk about why every business should be exit-ready—even if you don’t plan to sell. 

Pete shares his hard-earned wisdom from 30 years in business, including how to structure your company so it runs without you, why entrepreneurs often undervalue their businesses, and the biggest mistakes people make when thinking about an exit. 

If you want to build a business that supports your life (instead of the other way around), this episode is a must-listen!

Key Insights:

• Your business should always be exit-ready—because 50% of exits happen unexpectedly
• Business owners often undervalue their company and don’t realize how much it’s really worth
• A big red flag for buyers? When the owner is too involved in daily operations.
• Whether you sell or not, build your business so it can run without you
• The best businesses give the owner freedom—not just a job they can’t escape

Quote:

“Your business is probably your biggest asset next to your home. You can't afford not to be exit-ready.”

– Pete Mohr

Guest Links:

pete-mohr.com

Pete on LinkedIn

Pete on Instagram

Resources:

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