You Can Sell a Business That Revolves Around You

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

 

I want to sell my business, but it revolves around me, can you scale and sell a celebrity business? And the answer is yes you can, look at Dale Carnegie's leadership. It was built on the principles of the Dale Carnegie wealth principles. And they created a training franchise around it's a global training company today. Now, it's not more than a Carnegie family, right. But as a training company, it's worth more today than it was then, when it was just about Dale, right. The Blue Man Group started out as three guys who didn't have jobs, and they wanted a weekend gig. Well, they ran into a problem on one of the guys actually got a job. I like well, what the hell are we supposed to do now? The group's gone. So that's when they came up with the idea to put the blue makeup on, and then they could substitute in players. And now I think the company sold for like $60 million to the company that owns Cirque du Soleil, I believe, I forget who owns them, but they sold for big bucks, right? Just three guys, but it was based on their principles, their systems. It very much can be done.

 

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