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939 - Building a Business to Sell Versus Building for Cashflow
Episode 939

939 - Building a Business to Sell Versus Building for Cashflow

What is a full stack business owner, and why would you want to be one? [00:42]Money to live on, or a future fortune? This is why the decision is so important…. [02:39]James switched from company to personal brand, and has noticed several things.

James Schramko Podcast

July 20, 20220m 35s

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Show Notes

What is a full stack business owner, and why would you want to be one? [00:42]

Money to live on, or a future fortune? This is why the decision is so important…. [02:39]

James switched from company to personal brand, and has noticed several things. [05:32]

You can sell a personal brand business. Is the trouble worth it, though? [07:11]

There are ways you can actually do well with a personal brand… [10:15]

James used to be about building a business to sell. Here’s what’s changed since then. [13:23]

You can go with one or the other, but there’s really no right or wrong. [15:34]

Can you build with the intent to sell, and still have great business cashflow? [16:32]

People sometimes glorify the sale of a business, but it does come with difficulties… [17:48]

The process of selling a business profitably requires a certain set of skills. [22:26]

Are some business models more suited to selling than others? [26:18]

If you’re looking to sell your business, it’s a good idea from the start to have your number. [29:38]

Keep your head in the game of doing business, at least till you’ve made the sale. [31:00]