How To Build A Business That Can Thrive WITHOUT YOU w/ John Warrillow - Author of "Built To Sell"

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5 • 683 Ratings

🗓️ 12 September 2023

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

John Warrillow (Replay Jan 2023) has built, scaled, and exited multiple companies and authored the best selling book "Built To Sell: Creating A Business That Can Thrive Without You" In John's Words: I’m the Founder of The Value Builder System™, a statistically proven methodology for improving the value of your business by up to 71%. I’m also the author of Built To Sell: Creating A Business That Can Thrive Without You, which was recognized by Fortune and Inc magazines as one of the best book...

Transcript

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0:00.0	I'll use the example of security businesses because it just happens to be top of mind.
0:03.8	In security where you go and install like a home security system for a family inside somebody's home,
0:08.8	they have two forms of revenue, right?
0:10.6	You've got the installation revenue and then they've got the recurring revenue where you monitor
0:15.2	the system and call the cops if there's a break in.
0:17.6	When an acquirer looks at that business, they'll pay about 75 cents for every dollar of
0:23.0	installation revenue and $3 for every dollar of recurring revenue.
0:29.7	Your recurring revenue is worth like four times more than your installation revenue.
0:35.4	If you can get this right, you can literally double triple, quadruple the value of your company.
0:41.0	Welcome to the Action Academy podcast.
0:44.9	Stand back while I celebrate freedom.
0:47.3	The show where we help you achieve financial independence with the mindsets, methods, and actionable steps from guests who've already earned their freedom.
0:57.7	The flags of freedom fly.
1:00.8	Choose to do what you want.
1:03.1	What you want.
1:03.9	With who you want.
1:05.0	With who you want.
1:06.0	When you want.
1:06.9	When you want.
1:08.2	With another episode today.
1:10.7	Now, here's your host, Brian Lubin.
1:17.2	What is up? Ladies and gentlemen, welcome back to another episode of the Action Academy podcast.
	...

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