Stage 6 - An Asset is Born

Hi everyone, Carl Gould here with your #70secondCEO. Just a little over a one minute investment every day for a lifetime of results.

 

Boy do we love stages six and seven, thank God for technology. Technology has made it so much easier, so much more approachable, accessible, and feasible for people to sell their businesses merged with others, and stayed six is that stage. At stage six you maximize your saleability right now. My mom, Nancy Gold, is the queen of the garage sales. You want to go to a garage sale, Riverdale, New Jersey, you set your timer, go to my mom's house, she'll run the world's longest, you know, longest tenured garage sale. As a matter of fact, in little old Riverdale, they changed the rules about garage sales because my mom had too many garage sales. Like Nancy, you can't be running a store out of your driveway, right? And so they changed the rules, you have to have a permit now for a garage sale and Riverdale. You're welcome, okay? And so anyone can run a garage sale and you can sell your business and all the aspects of it and the assets in it for pennies on the dollar or you could sell it at a premium, that was stage six is all about. Stage six, we say an asset is born. Stage six is kind of like stage three. Remember all the way down to stage three, you are building your implementation team. Well, at stage six, you're building your management team. In other words, they are going to run the day to day.

 

Like and follow this podcast so you can learn more. My name is Carl Gould and this has been your #70secondCEO.