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Episode 146 - Your Baby’s Ugly – Why Business Owners Need a Wake-Up Call

Episode 146 - Your Baby’s Ugly – Why Business Owners Need a Wake-Up Call

The Number

May 7, 202530m 12s

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Show Notes

On this episode of The Real Bottom Line, I sit down with Justin Goodbread, serial entrepreneur, value coach, and author of Your Baby’s Ugly. He’s started and sold seven companies and now helps business owners build scalable businesses that buyers actually want.

We dig into what makes a business attractive to a buyer, how to mentally prepare for a sale, and why your exit should start long before you want out.

We talk about:

  • Why grit isn’t enough – and what you need instead
  • The three types of readiness: business, financial, and mental
  • Why coasting into retirement could cost you millions
  • How selling your business could unlock a new kind of impact
  • What happens when your identity is tied too tightly to your business

Justin shares hard-won lessons from the trenches – and how a coach helped him shift from technician to true business owner.

Links & Resources:

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Topics

business numbersbusiness metricscash flowprofitabilityrevenue growthfinancial claritybusiness valuationdecision makingsmall business financeexit planning