How2Exit: Buy, Don't Build - M&A of Small Businesses

How2Exit Episode 62:Lowell Ricklefs - CEO & Founder of Traction Advising, and Investor.


Listen Later

Lowell is the CEO & Founder of Traction Advising which specializes in helping B2B SaaS companies with greater than $5M ARR get acquired. Lowell’s been a Co-founder/CEO/Chairman, COO of a $120M public company, Startup CRO and Global VP Rockwell. He’s a Global Mentor, Investor, Board member and CEO coach.

His current business Traction Advising was started out of his frustration when he was in a buyer’s position. The investment banker model uses accounting/finance people trying to sell. “No one hires accountants to sell products so why hire them to sell a company?” Selling/Marketing a small SaaS company is more like selling a technology product than selling a financial instrument.

With company buying/selling experience of more than 30 organisations, he knows what internal stakeholders need to approve a transaction. As a founder/CEO he knows what it’s like to start up a company, build a product, hire employees, raise money, find customers, keep them happy and make payroll. He leverages this experience to craft acquisitions that get the best outcome for the founders/investors structured to maximize success.
--------------------------------------------------
Contact Lowell on
Linkedin: https://www.linkedin.com/in/lowellricklefs/
Website: http://www.tractionadvising.com/

—— Contact info and fun Stuff —

Reach me to sell me your business, be on my podcast or just share some love:
Podcast website: https://www.How2Exit.com
Linkedin: https://www.linkedin.com/in/ronskelton/
Twitter: https://twitter.com/ronaldskelton
Facebook: https://www.facebook.com/How2Exit
Instagram: https://www.instagram.com/how2exitpodcast/

Have suggestions, comments, or want to tell us about a business for sale call our hotline and leave a message: 918-641-4150
--------------------------------------------------
How2Exit Joins ITX's Channel Partner Network to help Tech companies valued from $5M - $30M

-Why ITX?
Since 1998, ITX has created $5 billion in value by selling more than 225 IT businesses in 20 countries. ITX works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years ITX has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.

"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton

The ITX M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.

If you are interested in learning more about the process and current market valuations, complete the contact form and we’ll respond within one business day. Everything is kept confidential.

Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit
https://www.itexchangenet.com/marketplace-how2exit and complete the contact form. (Sponsored Link)

__________________________
Our partnership with ITX focuses on deals above $5M in value. If you are looking to buy or sell tech business below the $5M mark, we recommend Flipppa.

Flippa - Real Buyers, Real Sellers - Where the Real Deals Are Made

Visit Flippa - https://www.dpbolvw.net/click-100721038-152330 (Affiliate Link)

________________________

Be sure to visit How2Exit.com and subscribe to the video podcast interviews (or search for How2Exit on your favorite platform) -We’re Everywhere

Want to work with me? Book a 1 one on one with me: M&A related - https://calendly.com/acqpod/business-1-to-1-call

________________________________________
Interested in meeting other entrepreneurs who would like to buy/sell SMB’s We network twice a month
Check out "SMB Acquisitions Entrepreneurs Networking -Virtual" https://www.meetup.com/smb-buy-sell-networking/ sponsored by How2Exit podcast

Join our SMB Acquisition Entrepreneurs slack group:
https://join.slack.com/t/smbbuyersandsellers/shared_invite/zt-10kjcidlg-H6eGnpW~MhITCF2VsHtO0A


Other Resources:
Need help - One Time: Fiverr https://go.fiverr.com/visit/?bta=483471&brand=fiverrcpa (Affiliate Link)
Need consistent help get a VA I use: http://store.onlinejobs.ph/?aid=467410 (Affiliate Link)

Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
...more
View all episodesView all episodes
Download on the App Store

How2Exit: Buy, Don't Build - M&A of Small BusinessesBy Ronald P. Skelton

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

9 ratings


More shows like How2Exit: Buy, Don't Build - M&A of Small Businesses

View all
Why That Worked  – Presented by StoryBrand.ai by StoryBrand.ai

Why That Worked – Presented by StoryBrand.ai

1,924 Listeners

Founders by David Senra

Founders

1,906 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,316 Listeners

M&A Science by Kison Patel

M&A Science

124 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,357 Listeners

My First Million by Hubspot Media

My First Million

2,620 Listeners

The Intrinsic Value Podcast - The Investor’s Podcast Network by The Investor's Podcast Network

The Intrinsic Value Podcast - The Investor’s Podcast Network

563 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,155 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

243 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

30 Listeners

Top M&A Entrepreneurs by Jon Stoddard

Top M&A Entrepreneurs

8 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

249 Listeners

Piers Morgan Uncensored by Piers Morgan Uncensored

Piers Morgan Uncensored

335 Listeners

Masters in Small Business M&A by Peter Lehrman

Masters in Small Business M&A

13 Listeners

Moneywise by Hampton

Moneywise

645 Listeners