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Welcome to the Service Business Mastery Podcast!

Visit our website for more episodes and insights! www.servicebusinessmastery.com

In this episode, recorded live at the Business Uncensored event in Chattanooga, Tennessee, hosts Tersh Blissett and Joshua Crouch talk with Matt Michel, a speaker, writer, and rancher at Ranchlands of Texas LLC, and Brandon Jacob, the Principal of Contractors Financial Opportunity LLC. They explore the challenges of selling a service business, from emotional struggles to strategic decisions. Matt and Brandon share valuable insights on business negotiations, succession planning, and preparing for life after the sale. 

This discussion highlights key factors like business valuations and long-term success for both the seller and the company.

Timestamps ⏰

00:00 - Meet Matt Michel & Brandon Jacob: Insights into Their Expertise 04:05 - The Brief Overview and Journey of Selling a Business 09:38 - Talking About the Day We Sold the Business 13:10 - Discussing Backgrounds with Industry Evolution Investment Trends 16:50 - How Private Equity Changes Company Culture 23:37 - Discussing Pay Structures and Employee Reactions 29:42 - Talking About How to Deal with Brokers and Lawyers 43:05 - Family Business and Future Generations: A Strategic Perspective 50:24 - Closing the Conversation: A Peek into Brandon's Published Works

In this episode, here's what you can expect to learn: 

• Discover how strategic planning enhances business sale success and operational efficiency.

• Learn about managing stakeholder communications and key employee roles with Matt Michel and Brandon Jacob to optimize transition processes.

• Explore the integration of emotional intelligence and strategic insights in business negotiations.

• Understand how combining expert knowledge with strategic foresight leads to superior outcomes in business sales.

• Uncover strategies for service companies to scale effectively, maximize sale value, and improve stakeholder satisfaction with insights from Matt Michel and Brandon Jacob.

If you enjoy the episode, please don’t hesitate to leave us a review (5 stars preferably 😉)

 

Links & References:

LinkedIn: 

• Matt Michel

• Brandon Jacob

Website:

• Ranchlands of Texas LLC

• Contractor Financial Opportunity LLC

 

Learn more and Reach out to Brandon Jacob: +1 713 443 8311

 

Order the Books of Matt Michel and Brandon Jacob on Amazon Now:

• For What It’s Worth

• Operations Exit Strategy

• Contractor Stories

This episode is kindly sponsored by:

• Sera

• UpFrog

• CallRail

• CompanyCam Visit CompanyCam and use code SBM for a free 2-week trial, 1:1 training and account setup, and 50% off your first two months!

• MarketStorm

• Rilla

• Lace.ai

• Autobot.ai

• Avoca.ai

 

Connect with us!

• Tersh Blissett

• Josh Crouch

• Join the Service Business Mastery Facebook group for more updates!

• Visit our website: www.servicebusinessmastery.com

Affiliate links:

• Castmagic

• StreamYard

• IfTTT

• Zyra Talk