Creating a Thriving Business to Maximize Its Value with Michelle Seiler Tucker
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 30 November 2023
⏱️ 39 minutes
🧾️ Download transcript
Summary
Michelle Seiler Tucker is a best-selling author who has been in business for more than twenty years. She is an authority on buying and selling, improving businesses, and developing revenue streams. Seiler Tucker co-authored Exit Rich: The 6P Method to Sell your Business for Huge Profit with finance expert Sharon Lechter that educates readers on how to increase revenue productivity and many other techniques for creating a prosperous business that will be attractive to buyers.
Click on play to learn:
- How to objectively evaluate your business.
- How to use Seiler Tucker's twofold approach to sell your business for maximum profit.
- How to improve your chances of finding the right buyer for your business.
With more than 20 years experience in mergers and acquisitions, Seiler Tucker has been instrumental in the sale of hundreds of businesses. She is the Founder and CEO of Seiler Tucker Incorporated and currently owns several other successful businesses. Seiler Tucker specializes in buying, fixing, growing, and selling businesses.
Business owners sell for different reasons: health issues, divorce, death, owners' disputes, or something unforeseen and external like the current pandemic. Seiler Tucker collaborates with clients to help them expand their businesses and avoid making errors that hinder the growth of a healthy business.
She has identified common mistakes that business owners make that devalue the profitability of their companies. One of the biggest mistakes is not having a plan for exiting the business. The owner does not have a sellable asset because they failed to build a solid infrastructure which means there is no intrinsic value for prospective buyers. Exit Rich educates business owners on how to prepare for the sale of their business from the very beginning. The result is creating a high-value asset that is appealing to buyers.
To learn more visit: Website: seilertucker.com; exitrichbook.com
Twitter: @MSeilerTucker
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Episode also available on Apple Podcasts: http://apple.co/30PvU9C
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Forget frequently asked questions. |
| 0:02.3 | Common sense. |
| 0:03.2 | Common knowledge. |
| 0:04.1 | Or Google. |
| 0:04.8 | How about advice from a real genius? |
| 0:06.9 | 95% of people in any profession are good enough to be qualified in licensed. |
| 0:11.3 | 5% go above and beyond. |
| 0:13.1 | They become very good at what they do. |
| 0:14.9 | But only 0.1% are real geniuses. |
| 0:18.2 | Richard Jacobs has made it his life's mission to find them for you. |
| 0:22.3 | He hunts down and interviews geniuses in every field, sleep science, cancer, stem cells, |
| 0:27.1 | ketogenic diets, and more. |
| 0:28.7 | Here come the geniuses. |
| 0:30.3 | This is the Finding Genius podcast with Richard Jacobs. |
| 0:37.3 | Hello, this is Richard Jacobs with the Finding Genius podcast, now part of the Finding Genius Foundation. |
| 0:42.7 | A really interesting guest today, Michelle Seiler Tucker. |
| 0:45.4 | She's the author of a book called Exit Rich, The 6P Method to sell your business for huge profit. |
| 0:51.5 | She's also the founder and CEO of what's called Siler Tucker Incorporated. |
| 0:54.9 | Michelle has sold hundreds of businesses to date, which is a lot and currently owns and operates |
| 0:59.2 | several successful businesses. She's a leading authority on buying, selling, and improving |
| 1:03.4 | businesses, as well as increasing business revenue streams. So I think this will be a topic that |
| 1:08.0 | listeners will be very, very interested in hearing. So, Michelle, thanks for coming. |
... |
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