Pat Mancuso is the CEO of Mancuso Consulting Group and a highly recognized thought leader dedicated to helping CEOs, business owners, and entrepreneurs maximize their potential through coaching and consulting. Having spent over 30 years working with company owners, leaders, and sales teams, Pat has over 25,000 hours of coaching and consulting experience. As a serial entrepreneur who has launched multiple successful companies, Pat understands how to sustainably scale a business. He helps businesses improve their leadership and performance through a proprietary system, RSTMM® — Recruit, Select, Train, Manage, and Motivate, which enables companies to select, train, manage, and motivate the right people in the right positions. 

Many entrepreneurs launch their businesses with the end goal of creating wealth and gaining financial freedom. Generating wealth from your business requires strategic planning and calculated operational management. What strategies can you leverage to propel yourself and your business to freedom?

Five business builders in various disciplines have created proprietary methods for scaling your company to the next level. B2B podcaster Dr. Jeremy Weisz maintains that by creating a comprehensive referral partner list, reaching out to them, and producing a podcast and other content with them, you can generate substantial ROI. When requesting capital or a business loan, Marc Cove suggests building prior relationships with bankers so you can remain top of mind, while Ryan Deiss highlights setting aside funds to pay taxes and other expenses to maintain long-term sustainability. Business consultant Pat Mancuso emphasizes the importance of conducting due diligence on your future business partners, ensuring skill compatibility and goal alignment. Real estate professional Chris Prefontaine says that the real estate market is ripe for investing, so he recommends developing strategies that can adapt to a changing market.

In this special episode of Destination Business Freedom, Pat Mancuso reflects on his most notable podcast episodes. Featuring memorable guests like Ryan Deiss and Chris Prefontaine, these professionals delve into cash flow management, navigating relationships with bankers and business partners, and preparing your business for market fluctuations.

Grant Teeple is the Founder and Senior Partner of Teeple Hall, LLP, a full-service commercial law firm. He oversees the firm’s Litigation Group and participates in the Corporate & Transactional Group’s Mergers & Acquisitions Practice Area. Before founding Teeple Hall in 1992, Grant worked as a civil litigation defense attorney and has litigated complex, multi-jurisdictional matters in business litigation, intellectual property disputes, fraud cases, real property disputes, and entitlement matters. He has also handled numerous acquisitions and company sales in sell-side and buy-side transactions exceeding $100 million. 

As business owners engage in M&A transactions, a crucial piece of legislation threatens steep fines and — in extreme cases — jail time for those who fail to comply. What new federal regulations must businesses navigate during the M&A process?

After the Anti-Money Laundering Act of 2020, Congress passed the Corporate Transparency Act (CTA), requiring businesses to disclose information about their owners and controllers to the Financial Crimes Enforcement Network (FinCEN). The law applies to any LLC or corporation and includes operators like CPAs, lawyers, and bankers. If you fail to comply or provide FinCEN with inaccurate or outdated information, you may be charged $500 for each day of non-compliance. Corporate M&A and compliance expert Grant Teeple recommends hiring an attorney to help you update ownership information regularly, maintaining compliance while ensuring privacy through attorney-client privilege. 

In this episode of Destination Business Freedom, Pat Mancuso welcomes Grant Teeple, the Founder and Senior Partner of Teeple Hall, LLP, to discuss compliance regulations for M&A transactions. Grant also talks about common mistakes buyers and sellers make during the M&A process, how to involve an attorney in business sales, and how to navigate due diligence.

Adam Contos is a Partner at Area 15 Ventures, a business investment firm. As the creator of the Leadership Factory, he coaches entrepreneurs to build leaders and grow their businesses. Adam served as the CEO of RE/MAX Holdings, where he oversaw its four brands RE/MAX, LLC, Motto Franchising, LLC, booj, and First. Before joining RE/MAX, he ran a SWAT team as a Lieutenant at the Douglas County Sheriff's Office.

Some people want to start a business but are overwhelmed to the point of inaction. Yet strategic action offsets overwhelm. How can you propel yourself to move forward in your career?

Former real estate CEO and leadership coach Adam Contos maintains that you must be held accountable for taking action on your vision. However, less than 1% of people can hold themselves accountable regularly for their entrepreneurial endeavors, leading small businesses to fail in the first year. Instead, you should acquire a coach or leader to develop an accountability system. Exceptional leaders influence and guide you to accomplish a task or vision by building trust and practicing what they preach. With an inspirational leader, you can identify the mental gaps in your personal and professional life and take action for future growth.

In the latest episode of Destination Business Freedom, Pat Mancuso invites Adam Contos, a Partner at Area 15 Ventures, to speak about building ventures through effective leadership. Adam shares some of his favorite books and most influential mentors, his leadership philosophy and personal wisdom, and how he began franchising businesses with RE/MAX Holdings.

Nathaniel (Nate) Dodson, Esq. is a Partner and Principal Attorney at Crowdfunding Lawyers, a securities and investment law firm representing business and real estate syndications and investment opportunities throughout the US. He has represented over $2 billion in real estate and business transactions. Before Crowdfunding Lawyers, Nate was an investment broker and advisor specializing in investment sales, structures, and asset protection. 

Once you’ve learned to work on your business rather than in it, you must consider a long-term growth plan. This may involve a strategic exit or investment opportunities to grow your personal capital. How can you develop a strategy to build a thriving business and personal empire?

Entrepreneurial attorney Nate Dodson learned to transition from practicing law to scaling his firm, allowing him to acquire other firms in similar disciplines. Raising additional capital and scaling your business to new heights requires considering fundamental aspects like growth methods and rate and capital sources. You can source investments by identifying opportunities in markets like real estate and home improvement, partnering with investors in your network, or engaging in crowdfunding. However, the method you choose must align with your personal and professional growth goals.

In today’s episode of Destination Business Freedom, Pat Mancuso hosts Nathaniel (Nate) Dodson, Esq., Partner and Principal Attorney at Crowdfunding Lawyers, to talk about business and personal investment opportunities. Nate explains the importance of preemptive networking, investor relations, and identifying ripe investment opportunities.

Adam Webb is the Owner and Managing Partner of Quazar, a boutique investment banking firm specializing in M&A services. In his role, he helps privately held businesses in the lower-middle market sell or grow through acquisitions. Adam has led deal teams and negotiated favorable outcomes for clients in dozens of transactions with an aggregate value of hundreds of millions of dollars. Before Quazar, he was the Senior Associate of Risk Management at RSM, where he specialized in helping clients perform internal audits and implement internal controls to maintain compliance.

Most entrepreneurs generating $10-20 million in yearly revenue are so involved in the daily grind of their business that they haven’t even considered an exit. When it’s time to retire, they often discover their company’s value is lower than their targeted range. How can you prepare for an exit while ensuring an ideal sale valuation?

With experience securing M&A deals for lower-middle market companies, Adam Webb often has to break the harsh news that most business owners won’t walk away with $20 million from their transactions. You must consider transaction expenses and deal structures like escrows, equity rolls, where you retain some ownership in the business, and SBA finance deals, where the seller finances the buyer. These structures take time and understanding, so it’s crucial to begin planning your exit at least five years in advance and disclose any outstanding company information to avoid value decreases or deal collapses during due diligence.

Tune in to the latest episode of Destination Business Freedom as Pat Mancuso hosts Adam Webb, the Owner and Managing Partner of Quazar, to talk about optimizing your business for an exit. Adam shares how he determines business value during a transaction, the worst transaction he has ever witnessed, and how to reduce M&A taxes.

Pat Mancuso is the CEO of Mancuso Consulting Group and a highly recognized thought leader dedicated to helping CEOs, business owners, and entrepreneurs maximize their potential through coaching and consulting. After over 30 years of working with company owners, leaders, and sales teams, Pat has over 25,000 hours of coaching and consulting experience. As a serial entrepreneur who has launched multiple successful companies, Pat understands how to sustainably scale a business. He helps businesses improve their leadership and performance through a proprietary system, RSTMM® — Recruit, Select, Train, Manage, and Motivate, which enables companies to select, train, manage, and motivate the right people in the right positions.

As the end of the year approaches, many businesses find themselves in financial ruin from decisions made without proper consideration. How can you anticipate and prevent losses and make informed decisions for the future?

With decades of experience transforming business sales processes, Pat Mancuso emphasizes refining your sales system to incorporate a results-oriented approach and reach your end-of-year goals. Rather than selling your products and services to potential clients, consider assessing how their needs align with your offer and adjust your proposal based on their drive and urgency levels. Additionally, with the deadlines for business tax returns approaching quickly, businesses must obtain ongoing visibility into their finances, including their P&L statements, to develop a future-proof strategy that bases decision-making on cash flow. 

Welcome back to Destination Business Freedom with Pat Mancuso, as he’s interviewed by Chad Franzen of Rise25 about savvy business forecasting strategies. Pat talks about the importance of reassessing your business priorities during the fourth quarter, how to close the gap between company sales processes and professional expertise, and why proactivity is crucial to anticipate rising taxes.

Ivan Polic is the Co-founder of Jumpstart Your Exit, which partners with million-dollar brands to help them grow, scale, and exit their businesses. As a strategic growth specialist, he has acquired, restructured, scaled, and exited small-to-midsize businesses to maximize returns. Having founded his business with his wife Mariana, they have served as advisors to small- and medium-sized businesses and on over 300 board of directors meetings in various industries and economic sectors.

Many entrepreneurs don’t even consider the possibility of a business exit during the launch and growth stage. However, when operations suddenly go awry, and they become too overwhelmed to continue, they realize their company isn’t primed to sell. How can you integrate an exit strategy into your business from the start, ensuring you can pivot during tough times?

After losing 95% of his revenue and risking bankruptcy, business exit strategist Ivan Polic realized he had to restructure his entire enterprise to prepare for an exit. He began by developing a report that allowed him to visualize and predict his current and future cash flow based on the company’s financial and operational conditions. Through this deliberate and conservative approach, Ivan kept the business alive to evaluate buyers before staging a profitable exit. If you’re facing turmoil in your business and want to exit fast, you must identify each possible risk to present buyers with an accurate representation of your business, ensuring a smooth and timely exit. 

In this week’s episode of Destination Business Freedom, Pat Mancuso joins Ivan Polic, the Co-founder of Jumpstart Your Exit, to talk about how he developed an exit strategy to navigate a business crisis. Ivan shares how he rebuilt his business with a supportive team, the importance of disclosing risks to maximize business value, and the turning point for his eventual exit.

Brett Gilliland is the Founder and CEO of Elite Entrepreneurs, a company that helps $1 million business owners scale to $10 million and beyond. Having spent 10 years helping Infusionsoft grow from $7 million in revenue to over $100 million, he is an expert in organizational development, leadership, and strategy. Brett built Elite Entrepreneurs inside Infusionsoft and has helped hundreds of seven-figure business owners achieve new levels of success.

The $1-3 million phase is perhaps the most pivotal and challenging stage of business as entrepreneurs struggle to separate their lives from their companies and identify an ideal role for themselves. How can you gain clarity in your vision to build the life and business you deserve?

Having faced many trials and tribulations in building his entrepreneurial mastermind, including falling short of culture recognition and navigating revenue declines, Brett Gilliland has discovered the secret to scaling past $1 million. Entrepreneurs in this stage must identify and build their company’s purpose, vision, and values. The purpose involves determining why your business exists beyond financial gain, and the core values comprise the company’s culture and dictate team dynamics. A vision entails developing your business’ trajectory, allowing you to map out your growth goals and final destination.

Join Pat Mancuso in this episode of Destination Business Freedom as he chats with Brett Gilliland, the Founder and CEO of Elite Entrepreneurs, about his entrepreneurial insights for scaling. Brett describes his experience developing Infusionsoft’s culture, Elite Entrepreneurs’ value-added events, and how he identified business opportunities.

Brian Kurtz is the Founder and CEO of Titans Marketing, a direct response marketing educational, coaching, and consulting company. For nearly 40 years, he has employed proprietary direct marketing principles that have allowed him to scale a publishing company to $150 million. As a self-proclaimed serial direct response marketer, Brian has marketed and sold newsletters and books through infomercials, email, and the internet. He is also the author of Overdeliver.

Exiting your business doesn’t mean you have to sell it immediately. It’s an intricate process requiring years of planning and reverse-engineered strategies. How can direct response marketing help you map out your destination, and what strategies are essential for growth?

With the advent of digital marketing, the industry has become saturated with channels, methods, and strategies, making it overwhelming for small-to-midsize businesses to establish a presence without breaking their budget. According to direct response marketing pioneer Brian Kurtz, marketing is everything, but you don’t have to advertise on every channel to achieve results. However, you should explore both online and offline strategies like social media and direct mail to remain relevant. Brian suggests conducting research and evaluating your financial assets to determine an ideal method for your business, allowing you to plan your exit effectively.

Join Pat Mancuso in this episode of Destination Business Freedom as he welcomes Brian Kurtz, the Founder and CEO of Titans Marketing, to discuss designing a marketing plan that fits with your business landscape. Brian talks about the role of QR codes in direct marketing, the lessons he learned when pricing and marketing his products and services, and how to define business freedom.

Adi Klevit is the Founder and CEO of Business Success Consulting Group, which identifies, creates, and documents processes to help businesses scale. She has 25 years of experience as a trained industrial engineer, management consultant, and business executive. With this knowledge, Adi helps organizations and companies improve efficiency and performance.

Do you feel like your business is controlling you rather than the other way around? Thoroughly documented systems and processes can reverse this dynamic, creating a structured environment where efficiency leads to financial success and personal freedom. How can you implement these procedures and ensure consistent follow-through?

As a master of efficient business processes, Adi Klevit maintains that documenting and updating operational protocols leads to consistent experiences, satisfied customers, and an empowered, aligned team. If you’re unsure of where to begin, implement the systems that will generate the most ROI to maximize benefits across the most crucial areas of your business. Additionally, you must commit to regularly updating and improving these processes to maintain efficiency and adapt to fluctuating market conditions. 

Tune in to the latest episode of Destination Business Freedom as Pat Mancuso hosts Adi Klevit, the Founder and CEO of Business Success Consulting Group, to talk about how meticulous systems and processes lead to business freedom. Adi speaks about avoiding common entrepreneurial mistakes, how to adapt and pivot your business for success, and how she discovered her entrepreneurial spirit.