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Exiting Your Business: How To Successfully Sell To Buyers With Tim Rinaldi
Selling your business does not have to be a bad experience for business owners. Sometimes, it is just a way to transition on to better paths and even pass down the legacy of the business you have been trying to build. Helping source the best win-win deals for business owners looking to sell or exit their business is Associate Broker at
Raincatcher
,
Tim Rinaldi
. In this episode, Tim talks with host Bob Roark about his journey to working with Raincatcher and the transformative work they are doing among small business owners. Tackling the challenges involved in getting the businesses sold, he also shares his insights on the factors that drive the value of the business up or down, the mistakes business owners must avoid in selling, the ways to attract buyers into businesses for sale, and more.
---
Watch the episode here:
Listen to the podcast here:
[smart_track_player url=\"https://podcasts.captivate.fm/media/bf0dd058-cb9c-422b-a679-89b09a23b28b/blp-tim-rinaldi.mp3\" title=\"Exiting Your Business: How To Successfully Sell To Buyers With Tim Rinaldi\" image=\"http://businessleaderspodcast.com/wp-content/uploads/2018/04/BLP-SquareLogo-WhiteBlueBG1400x1400.png\" background=\"default\"]
Exiting Your Business: How To Successfully Sell To Buyers With Tim Rinaldi
We\'re doing an interview with Tim Rinaldi. He is an Associate Broker at
Raincatcher
. It\'s a business brokerage and an M&A firm that partners with entrepreneurs and business owners to help source the best win-win deal for all parties. What\'s rather interesting is Tim has a varied and interesting background. Tim, welcome to the show.
Thank you. It\'s great to be here. I\'m looking forward to it.
A lot of people have a rather traditional path. Your path is a little more winding. Let\'s talk about your journey to this point.
I went to college with the plan of becoming a doctor. That was my plan for my whole life. I never strayed from it. I did well in school and the testing, so I enrolled at Baylor College of Medicine in Houston. I figured I\'d do ENT or maybe pediatrics. I got married in my second year in the program. In my third year, we found out that my wife was pregnant. I’m glad it happened. Obviously, I love my son, but it was also the first time that I took a step back and asked myself, “Do I want to be doing this for the rest of my life?”
I\'m the type that once I have a goal in mind, I put my head down and I make sure I\'m going to accomplish it. This was the first time that I asked myself, “Do I want to be still in school, a resident and an intern and whatnot?” I realized that it wasn\'t a good fit for me. I grew up with my dad as a doctor. I wanted the prestige that comes with that but it wasn\'t a fit. I withdrew from school. I got into business development work and sales. We moved to Boston. I joined a software company in the sales role and decided I should get my MBA. That\'s when I came across Raincatcher and realized that this role is perfect for my attitude, my interest and what I love to do.
You’ve said you\'ve done some mission work as well.
That\'s how I met my wife. In college, I led eight mission trips to Honduras. I also went to the Dominican Republic and a month in Kenya. That experience changed me and I learned that if I ever have an opportunity to impact the people around me, I love it so much. It\'s the most passionate that I\'d ever been in my life was when we decided to build a medical clinic in the mountain villages of Honduras. For a year, I had this goal that we were working towards and I love the mission. I realized that\'s how I should be living my life.
I think about the very tapestry of your background. I was a pre-med kid when organic chemistry took out. I get the journey of how much biology can you stand and you think about you finish undergrad. You spend the next eight, ten or twelve years going further down the educational pipe. Between the business in Boston and the pre-med work and all the...
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By Bob Roark
5
1212 ratings
Selling your business does not have to be a bad experience for business owners. Sometimes, it is just a way to transition on to better paths and even pass down the legacy of the business you have been trying to build. Helping source the best win-win deals for business owners looking to sell or exit their business is Associate Broker at
Raincatcher
,
Tim Rinaldi
. In this episode, Tim talks with host Bob Roark about his journey to working with Raincatcher and the transformative work they are doing among small business owners. Tackling the challenges involved in getting the businesses sold, he also shares his insights on the factors that drive the value of the business up or down, the mistakes business owners must avoid in selling, the ways to attract buyers into businesses for sale, and more.
---
Watch the episode here:
Listen to the podcast here:
[smart_track_player url=\"https://podcasts.captivate.fm/media/bf0dd058-cb9c-422b-a679-89b09a23b28b/blp-tim-rinaldi.mp3\" title=\"Exiting Your Business: How To Successfully Sell To Buyers With Tim Rinaldi\" image=\"http://businessleaderspodcast.com/wp-content/uploads/2018/04/BLP-SquareLogo-WhiteBlueBG1400x1400.png\" background=\"default\"]
Exiting Your Business: How To Successfully Sell To Buyers With Tim Rinaldi
We\'re doing an interview with Tim Rinaldi. He is an Associate Broker at
Raincatcher
. It\'s a business brokerage and an M&A firm that partners with entrepreneurs and business owners to help source the best win-win deal for all parties. What\'s rather interesting is Tim has a varied and interesting background. Tim, welcome to the show.
Thank you. It\'s great to be here. I\'m looking forward to it.
A lot of people have a rather traditional path. Your path is a little more winding. Let\'s talk about your journey to this point.
I went to college with the plan of becoming a doctor. That was my plan for my whole life. I never strayed from it. I did well in school and the testing, so I enrolled at Baylor College of Medicine in Houston. I figured I\'d do ENT or maybe pediatrics. I got married in my second year in the program. In my third year, we found out that my wife was pregnant. I’m glad it happened. Obviously, I love my son, but it was also the first time that I took a step back and asked myself, “Do I want to be doing this for the rest of my life?”
I\'m the type that once I have a goal in mind, I put my head down and I make sure I\'m going to accomplish it. This was the first time that I asked myself, “Do I want to be still in school, a resident and an intern and whatnot?” I realized that it wasn\'t a good fit for me. I grew up with my dad as a doctor. I wanted the prestige that comes with that but it wasn\'t a fit. I withdrew from school. I got into business development work and sales. We moved to Boston. I joined a software company in the sales role and decided I should get my MBA. That\'s when I came across Raincatcher and realized that this role is perfect for my attitude, my interest and what I love to do.
You’ve said you\'ve done some mission work as well.
That\'s how I met my wife. In college, I led eight mission trips to Honduras. I also went to the Dominican Republic and a month in Kenya. That experience changed me and I learned that if I ever have an opportunity to impact the people around me, I love it so much. It\'s the most passionate that I\'d ever been in my life was when we decided to build a medical clinic in the mountain villages of Honduras. For a year, I had this goal that we were working towards and I love the mission. I realized that\'s how I should be living my life.
I think about the very tapestry of your background. I was a pre-med kid when organic chemistry took out. I get the journey of how much biology can you stand and you think about you finish undergrad. You spend the next eight, ten or twelve years going further down the educational pipe. Between the business in Boston and the pre-med work and all the...