Mastering Your Exit Strategy

Here are the things to expect in this episode:

• Every business must have powerful leadership.
• Leadership is more about empowering those who excel.
• A business is a wealth-creating tool.
• What are some of the biggest failures in business?
• And much more!

About Justin Goodbread:

Justin Goodbread, CFP®, CEPA, CVGA, Chief Strategy Officer at WealthSource, is a nationally recognized financial planner, educator, wealth manager, and speaker. With more than 20 years of experience starting, buying, owning, and selling businesses, he has become a four-time recipient of the Investopedia Top 100 Advisor award and the 2022 Peter Christman Exit Planner of the Year.

As a two-time author, Justin’s first book, The Ultimate Sale, was named an Amazon best-in-class title. In it, he teaches how business owners can create long-term value and accelerate growth in their company so it can be sold for top dollar when the owner is ready to retire. His second book, Your Baby’s Ugly: Maximize the Value of Your Business or You Will Have Nothing to Sell. (A Financially Simple Guide) was listed on the USA Today Bestseller list.

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Connect with Justin!

Website: https://financiallysimple.com/

Facebook: https://facebook.com/justingoodbread/

LinkedIn: https://www.linkedin.com/in/justingoodbread/

Your Baby’s Ugly: Maximize the Value of Your Business or You Will Have Nothing to Sell

https://www.amazon.com/Your-Babys-Ugly-Maximize-business-ebook/dp/B09QNKZW4F/ref=sr_1_2?keywords=your+baby+is+ugly&qid=1657306143&sprefix=Your+Baby%27s+Ugly%2Caps%2C123&sr=8-2

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• To have a successful transition, have your exit planning years before you leave.
• Streamlined processes and procedures make the company efficient.
• Having a contingency plan is a must!
• The value of a clear financial plan.
• And much more!

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• It takes years to get the value of the business ready for sale.
• What are the tax implications of selling your business?
• How can you position your company to be attractive for the buyers?
• And much more!

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: 

https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• Knowing who you want to sell your business to.
• Why are a lot of owners unhappy one year after selling their business?
• You don’t have to know when you want to leave. Planning for your exit early is ideal!
• And much more!

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: 

https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• Profitability does not equal value.
• Figure out first if your finances can sustain your desired lifestyle if you sell your business.
• How do you understand what the true value of your business is?
• And much more!

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• When should you start to plan for your exit?
• The value of process documentation.
• Understanding the business’ performance in relation to its competitors.
• A business that’s overly dependent on the owner won’t do good for its value.
• And much more!

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: 

https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• What are some of the exit planning mistakes people make when it comes to taxes?
• How can you qualify for a tax break?
• What do you need to avoid when it comes to tax reduction and exit planning?
• And much more!

About Dominique Molina:

A CPA since 2000, Dominique noticed early in her career that most accountants failed to bring active ideas to their clients to save tax. She also realized most of the country's wealthy pay very little in tax - in fact much less than middle class business owners. So she set out to do more by getting a law degree and learning everything she could to help every day businesses pay less. Not satisfied with helping just the handful of her own clients , Dominique began training traditional CPAs and attorneys how to do the same with their business owner clients and today she runs the American Institute of Certified Tax Planners which supports and trains tax advisors all over the country how to cut their clients' taxes to 15% or less.

Connect with Dominique!

Website: https://www.CertifiedTaxPlanners.com

LinkedIn: https://linkedin.com/in/dominiquemolina

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: 

https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• The idea behind Cash Flow Story.
• What does a 1% price increase do to the value of the business?
• Understanding the story of a business in a structured way.
• The three big challenges that businesses face today.
• And much more!

About Joss Milner:

Joss Milner is the CEO of Cash Flow Story. Joss co-founded the company in 2013. Cash Flow Story now has users in over 95 countries around the world.

After qualifying as a Chartered Accountant, I have spent the last 25 years working in the software industry. I have Co-founded numerous IT companies that have provided software to the banking & finance, accounting and general business sectors, with a user base of hundreds of thousands in multiple countries. Having held roles in product development, sales & marketing, operations and management my chosen field of expertise is creating new software businesses as well as mentoring IT start-ups. Partnering with entrepreneurs who have a promising idea, I help turn that vision into a commercial reality. Knowing how to navigate the critical early stages of a start-up through the stages towards commercialisation to releasing a new product into new or established markets are my keys strengths.

Connect with Joss!

Website: https://cashflowstory.com/

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• Good employees don’t necessarily see the world the way an owner does.
• Owners tend to feel like it’s a failure to exit the business.
• Things to consider when creating a business with the intent to sell.
• It’s okay not to be too involved in the innovative processes of your business. It’s also important to invest in other outlets!
• And much more!

About Craig Swanson:

At the age of 18, Craig founded Swanson Tech Support and worked as a tech consultant for 6 years before founding CreativeTechs which lead to over a million dollars in sales.

Soon after Craig co-founded the creative online learning platform CreativeLive, an idea that was birthed from a failed video training program for his IT business. CreativeLive would grow from a small start-up team to 70+ employees offering workshops with top industry leaders like Tim Ferriss and Brené Brown.

Now Craig partners with creators, educators, and influencers by providing the missing piece that they need to get to the next stage of their business and is helping build $1 million dollar businesses one step at a time. He is also the head of the Seattle Entrepreneur’s Organization Accelerator Program where he works to a similar mission, helping startups with $250k in revenue top the million dollar mark.

Connect with Craig!

Website: https://craigswanson.org/

LinkedIn https://www.linkedin.com/in/creativelive

Entrepreneur Organization Accelerator Program: https://www.eoseattle.org/accelerator

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: https://www.linkedin.com/in/christine-trumbull/ 

Here are the things to expect in this episode:

• Why is people strategy important?
• You have to think of your people as an asset.
• The role HR plays in increasing the value of the business.
• And much more!

About Philip Romm:

Phil started his human resources career in 1998 and over the course of his career he has held a variety of senior leadership positions in many different types and sizes of organizations. As the Founder/Principal Consultant, Phil provides business leaders consulting advice on how to manage human capital risk, globalize their processes, and leverage their human capital for growth. Phil possesses an MS in Industrial Labor Relations from the Zicklin School of Business, Baruch College, City University of New York. In 2017, Phil earned his SHRM-CP designation, making him a certified human resource professional. Phil recently completed a Diploma in Global Business from University of Oxford, Saïd Business School. Phil is happily married, a father of twins, and a dog. Phil is a lifelong learner; student of business and how companies can make a positive impact in the lives of its employees. He resides in Maryland but works with companies all over the globe. He can be reached at [email protected].

Connect with Philip!

Website: https://www.hr-elite.com

Youtube: https://www.youtube.com/watch?v=1rYM9keFxnw

Newsletter: https://join.industrynewsletters.com/signup/EliteHR

Connect with Christine!

Website: https://www.pinnacleexitgroup.com

Facebook: https://www.facebook.com/christine.trumbull.31

LinkedIn: 

https://www.linkedin.com/in/christine-trumbull/