Today on the show, I’m with Chad Peterson (and his beard), who is here to share his story about growing and selling six companies (including a mortgage business back in the 2000s back when the financial crisis hit). He is here to share the lessons he has learned, the pros and cons of selling six different companies, and how he has become the top in his field. We also talk about how valuable and important your passion for your business is and why that can be a deciding factor on if you should sell your company.
What you will learn:
Chad’s background in flight school and mortgages
“When you’re doing well, is the time to sell.”
What is a “quantum leap jump”?
When not to sell your company
Being passionate versus being too emotionally attached to your business
The different types of businesses Chad has built in the past
The books Chad has written
Chad’s game plan with building and selling his businesses
Where there is no passion, there is no profit
What happens when hatred comes into the equation
What to do when you are too financially trapped in your business
Takeaway:
Learn about what matters, regardless of the timeline. Even if you’re having fun, think about your business in the way a buyer would look at it. Look at what your exit strategy is, regardless if it is five or ten years out. This will help you shift your mindset and build a healthy business that will have a more transferable cash flow and be more enjoyable for you and your clients.
Links and Resources:
Peterson Acquisitions, Website
Chad Peterson, LinkedIn
Contact Chad Peterson via phone: 913-207-5895
ARKONA Boot Camp
Reach out to me if you have questions about the boot camp!
You can also reach out to me via email at
[email protected] or on my LinkedIn
About Chad:
Ever since Chad was young, he knew he was destined to fulfill his own destiny. He was always self-sufficient and he knew that he was always an enterpriser. Even when he was in his teens, he built his own window cleaning company and his own lawn/landscaping company. These helped him pursue his education when he attended flight sc