How to Sell a Business | Ep 384

The Game with Alex Hormozi

Alex Hormozi

How To, Entrepreneurship, Business, Education

4.9 • 4.8K Ratings

🗓️ 28 April 2022

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Win negotiations before you even start them! Today, Alex (@AlexHormozi) talks about the steps and the process he learned from selling a business in order for you to know what to expect and what to look out for in order to get the best deal for your business.

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(3:13) - My process of selling businesses

(4:28) - Phase 1: Prerequisites

(12:01) - Phase 2: Find a banker or broker

(20:09) - Let’s start the process

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Transcript

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0:00.0	Hey guys, love that you're listening to the podcast.
0:02.4	If you ever want to have the video version of this,
0:05.3	which usually has more effects, more visuals, more graphs,
0:07.8	you know, drawn out stuff,
0:09.2	sometimes it can help hit the brain centers in different ways.
0:12.4	You can check out my YouTube channel.
0:13.4	It's absolutely free.
0:14.6	Go check that out if that's what you are into.
0:16.2	And if not, keep enjoying the show.
0:18.4	You have to be willing to walk away from the table
0:21.7	in order to get the best deal,
0:23.2	which is why you win negotiations before you start them
0:25.9	by having options.
0:28.2	Welcome to the game where we talk about how to get more customers,
0:30.7	how to make more per customer,
0:31.8	and how to keep them longer in the many failures
0:33.6	and lessons we have learned along the way.
0:35.2	I hope you enjoy and subscribe.
0:38.4	I'm going to talk to you about how to sell a business.
0:40.4	And if you're wondering who is this dude
0:42.4	in his mama's basements closet wearing a wife beat
0:44.9	or have anything to do with talking about how to sell business,
	...

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