Avoid Business Failures and Restore Your Profits

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.7 • 4.1K Ratings

🗓️ 21 August 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today we’ll hear about: • How to reopen a business that’s a good concept but failed under prior management • A business owner who’s making $16 million a year and growing • The top things you should watch out for when buying a business • Why it’s so important to have a succession plan in place with a family business Links mentioned in this episode: • The EntreLeadership Podcast • EntreLeadership Master Series Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for a chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Start growing in business and leadership with the EntreLeadership Newsletter. Sign up to receive tactical tools, advice and resources in your inbox every week: https://bit.ly/3IRWnsL Support our sponsors: • NetSuite • BELAY • Payority Learn more about EntreLeadership Events: • EntreLeadership Summit • EntreLeadership Master Series Learn more about EntreLeadership Coaching: • Elite • Advisory Groups • Executive Coaching • Workshops Listen to all the Ramsey Network podcasts anytime, anywhere in our Ramsey Network app: https://apple.co/3eN8jNq Learn more about your ad choices: https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy: https://www.ramseysolutions.com/company/policies/privacy-policy

Transcript

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0:00.0	From the headquarters of Ramsey Solutions, this is the Entry Leadership Podcast where
0:09.4	I take calls from leaders like you about what it takes to win in any stage of business
0:14.5	and leadership.
0:15.5	I'm Dave Ramsey, your host.
0:17.0	I've been doing this in the trenches for over 30 plus years, running a business making
0:23.6	all the mistakes, making all the decisions and doing what it takes to turn it around.
0:28.5	And we're here to walk with you and talk with you about the five stages of business,
0:33.1	the six drivers that drive you through those five stages of business and how your particular
0:39.5	situation falls into that.
0:41.1	We're here to help you.
0:42.3	We want you to move to the next level.
0:44.4	And the only advantage I've got on you is I've already been there.
0:48.4	And we're not theory here.
0:51.1	This is actual practitioner stuff.
0:52.8	I do this stuff every day.
0:55.4	Phone numbers, eight, four, four, nine, four, four, 10, 70.
0:58.6	If you want to leave a message, eight, four, four, nine, four, four, 10, 70, you can
1:02.6	be a caller on the show or go to EntryLeadership.com slash ask and leave your question and we'll
1:08.4	do our best to answer or get back to you and make you a caller on the show so that we can
1:14.4	answer your question.
1:16.4	Cassie's in Phoenix.
1:17.4	Hey, Cassie.
	...

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