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Exit Rich
Exit Rich episodes
- The Five Types Of Buyers To Know When Selling A Business
When selling a business, there is no one type of buyer. There are different types. In fact, there are five of them that you will inevitably have to get to know if you want to have that successful transaction. In this episode, Michelle Seiler Tucker gives us insights into these five different buyers, what their behaviors are, and how best to serve them. Tune into this brief yet important discussion to know what to look out for when you’re selling or exiting your business.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
14 min - Planning For The Big Exit With Robert Ramey
Whatever industry you’re working in, as a business owner, you have to have an acute awareness of every step you’re going to take next, but most especially your exit strategy. Your exit strategy has to be ready even before the business peaks so that when the going gets good, you can maximize what you’re going to get out of it. Michelle Seiler Tucker is joined by Robert Ramey, the CEO of Scanscapes Technologies LLC. Together, Robert and Michelle talk about when and how a business owner should determine their exit strategy. With the way the business landscape is changing today, you always have to be ready, so let Robert and Michelle share with you what they know from their own experiences!
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
35 min - Innovation And Marketing For Small Businesses In This Time Of COVID-19 With Alec Stern
Business owners are always told to think outside of the box. But what can they do now when the box has already gone? The COVID-19 pandemic has undeniably affected the business industry, most especially small-time business owners. At a time of uncertainty, we can’t think outside of the old box anymore because there is already a new box, and no one will know what size and shape it’s going to be. In this episode, Michelle Seiler Tucker speaks with Alec Stern—entrepreneur, speaker, mentor, investor, and known as America’s startup success expert—about his entrepreneurial journey, how the COVID-19 is changing businesses, and what business owners can do that will help them advance going forward. Bringing forward the importance of innovation, Alec explains why getting comfortable with the way things are closes businesses up. He further discusses the need to market and talk and listen to clients and customers, especially during this time. Leveling the playing field for small businesses against big competitors, Alec then shares with us the amazing things they do at Constant Contact to help business owners go to that next level.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
50 min - Defining The Kinds Of Businesses
Naturally, different kinds of businesses will require varying but equally deft touches. It’s important to have an idea of what kind of business you’re running because you can use this information to determine a more concrete direction for your business and going forward, modify your methods to fit your operation. Michelle Seiler Tucker goes through different kinds of businesses that you may find in the world. For each classification, Michelle not only weaves together a working definition, but also lists down things that owners of such businesses need to look out for. What kind of business do you have?
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
19 min - Scaling A Business With Tracy Hazzard
To scale your business is to invite growth into your ranks. Scaling allows you to expand the field of possibilities your business can roam and venture, but it’s also a tough process that might ask a lot of you as a business owner going forward. Tracy Hazzard is the CEO of Brandcasters, Inc. She sits down with Michelle Seiler Tucker to talk about allowing yourself as a business owner to continually scale your business. If you’re feeling doubtful about the opportunities to scale your business, take it from Tracy and her years of entrepreneurial experience through which she has seen her own business continue to grow.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
59 min - ST GPS EXIT Model
At some point, as a business owner, you will have to figure out how to exit your business. Unfortunately, this is an eventuality that not many business owners prepare for until the very last minute, which can be a huge mistake in the long run. Michelle Seiler Tucker dives into the process of preparing to exit your business using the ST GPS EXIT Model. Whether or not you believe you have any chance of going out of business, you have to be ready. Let Michelle run you through this model that will have you prepared for any possible outcome.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
21 min - Step Into A Seller’s Mindset, Planning Your EXIT
Even as early as while your business is ramping up and poised for victory, you have to be ready for any possible eventuality, and that includes the possibility of having to sell. Constantly embodying a seller’s mindset is the key to making sure you’re prepared to make the tough calls and the essential choices when the time comes. Michelle Seiler Tucker talks about the importance of a seller’s mindset when planning out an exit strategy. There’s no such thing as a “perfect” time to sell, so you can’t constantly be waiting. But if you stay ready from day one, you’ll be able to exit as smoothly as possible.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
18 min - Find Your Exit: An Introduction
Statistics show that a whopping 70% of businesses go under even after operating for ten years or longer, and business owners are forced to sell their business for many reasons. Unfortunately, 8 out of 10 businesses do not sell, and many business owners have to sell the business for pennies on the dollar, close their business, or even worse, file bankruptcy. On the first episode of Find Your Exit, host Michelle Seiler Tucker shares what’s in store for the audience. Don’t miss a single show and discover how you can retire rich and exit for the price you deserve.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join The Find Your Exit Community today:
- seilertucker.com
- YouTube
8 min - The Business Power Hour With Deb Krier
As a 20-year veteran in mergers & acquisitions, Michelle Seiler Tucker has sold hundreds of businesses. Recognized as the leading authority on buying, selling, fixing, and growing businesses, Michelle sees opportunities where many are discouraged or have given up. Her passion is to save businesses that might otherwise close. She closes nearly 98% of all written offers and, on average, obtains 20-40% above the asking price for her clients.
Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast
1 hr 3 min
About Exit Rich
From the publisher's feed
Have you ever wondered why some businesses thrive and others take a nosedive? Most business owners don’t ever think about their exit strategy until it is too late. And why do some businesses exit…
for maximum value; others sell for pennies on the dollar; and some don’t sell at all? Welcome to Exit Rich, hosted by seasoned M&A advisor, Michelle Seiler Tucker, dedicated to helping you on a path to your next adventure, or retiring rich and exiting for the price that you’ve dreamed of and deserve. Even if you are not ready to sell now or still building to sell, Michelle’s guidance, expertise, and mentorship will open your eyes to the road to finding your desired exit.In this show, you will get an understanding of how to plan your ST GPS Exit(TM) and the different types of exits, how to build your business to run on all six cylinders, the ST 6Ps(TM), and how to maximize the dollar value of your company. From interviews with famous entrepreneurs, like Alec Stern, founder of Constant Contact, and Jeff Hoffman, founder of PriceLine, you will learn from those who have successfully scaled, exited before you, and moved on to start their next adventure. You will also learn about financial analysis, implementing a custom targeted marketing campaign while maintaining 100% confidentiality, screening and qualifying prospective buyers, negotiating deal structure and terms, providing support with pre-closing activities, overseeing and managing the due diligence process, managing closing activities and documents, and much more!The process of selling a business is a tough journey. It can be the pinnacle of a life of hard work and struggle and can open the door to a new way of life for you and your family. The successful sale of a business, a sale where you walk away delighted, is the result of managing multiple complexities and working through a myriad of potential pitfalls. It takes experience and a proven track record to navigate the minefield of selling a business. Keep in mind that 8 out of 10 businesses don’t sell! You need the dedication and the experience of a mergers and acquisitions advisor/broker like Michelle Seiler Tucker who has sold hundreds of businesses.As Founder and CEO of Seiler Tucker and the owner of numerous other successful companies, Michelle has consulted, and partnered with many business owners, investing her money, expertise, resources, time energy and effort in which to help her partners build their business to sell their business for their desired dream price. Michelle closes 98% of the offers she writes and obtains an average 20-40% above asking price; which is the result of her persistence and dedication to clients, and her expertise at growing and fixing businesses to achieve their full potential. Seiler Tucker Inc, is the leading authority on buying, selling, fixing, and growing companies.Her bestselling book, Sell Your Business for More Than It’s Worth, is a blueprint for anyone that wants to increase market share, become more profitable, and sell their business for top dollar. Her next book, Exit Rich, further expands on how to grow a business utilizing the 6 P’s and introduces her Build-To-Sell Blueprint. Steve Forbes states: “It is stunning that so many business owners end up leaving so much equity on the table when they want to cash out. That’s why this book will be a goldmine for these entrepreneurs.”The business landscape has changed so much in the last few years. Statistics show that a whopping 70% (out of a sampling of 26 million) of businesses go under even after operating for 10 years or longer. Business owners are forced to sell their business for many reasons, including unforeseen health or economic conditions. Regardless of the reason, knowing when to sell to get the highest price for your company is critical. You absolutely can exit rich, make sure your employees and your customers are taken care of, and continue your legacy. Join Michelle Seiler Tucker every week here to Exit Rich!