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The EntreLeadership Podcast

Should I Sell My Multimillion-Dollar Business at 43?

The EntreLeadership Podcast

Lampo Licensing, LLC.

Entrepreneurship, Business, Management

4.74.1K Ratings

🗓️ 13 February 2023

⏱️ 56 minutes

🧾️ Download transcript

Summary

Today, we hear from: · A business owner who is considering selling his business for $21 million · A leader whose top performer hates his job but won’t leave · A solopreneur who wants to start scaling her business by hiring her first team member · A farmer who wants to avoid paying unnecessary taxes to the IRS Links mentioned in this episode: • The EntreLeadership Podcast: https://bit.ly/TheEntreLeadershipPodcast • Start your free trial of EntreLeadership Elite: https://bit.ly/3tI2fN8 • NetSuite for small businesses: http://bit.ly/3jvH3YU • Have a question for The EntreLeadership Podcast? Leave a voicemail at 844.944.1070 or submit your question for your chance to be on the show with Dave Ramsey: https://www.entreleadership.com/ask Support our sponsors: • Hite Digital: https://bit.ly/HiteDigital • NetSuite: https://bit.ly/NetSuiteEntre • BELAY: https://bit.ly/351P9AE • Payority: http://bit.ly/3IaA5SK • Staples: https://bit.ly/staplesbusinessadvantage Learn more about EntreLeadership Events: • EntreLeadership Summit: https://bit.ly/EntreLeadershipSummit • EntreLeadership Master Series: https://bit.ly/EntreLeadershipMasterSeries Learn more about EntreLeadership Coaching: • Elite: https://bit.ly/3tI2fN8 • Advisory Groups: https://bit.ly/EntreLeadershipAdvisoryGroups • Executive Coaching: https://bit.ly/EntreLeadershipExecutiveCoaching • Workshops: https://bit.ly/EntreLeadershipWorkshops Listen to all the Ramsey Network podcasts anytime, anywhere in our app. Download the 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

Click on a timestamp to play from that location

0:00.0

From the headquarters of Ramsey Solutions, this is the Entry Leadership Podcast, where

0:14.7

we take calls from leaders like you about what it takes to win at any stage of business

0:20.9

and leadership.

0:22.1

I'm Dave Ramsey, your host with over 30 years of experience leading in the trenches,

0:27.8

my long side, your boys and girls.

0:30.0

If you've got a question, you want to talk about your business, you want to talk about

0:33.7

any aspect of your business?

0:35.9

Give me a call.

0:36.9

The phone number is 844-944-1070.

0:42.3

So if you're looking for theory from a business professor who has never made payroll, you've

0:51.2

got the wrong show.

0:54.8

I'm not a business professor and I do make payroll every two weeks for 30 plus years.

1:02.5

And I know what a pain in the butt that is.

1:04.9

If you're looking for theory about personnel issues from someone who has never hired anybody

1:12.2

or God help you, never fired anybody, then you've got the wrong show.

1:17.0

I did that today.

1:20.6

Every day, every day for 30 freaking years, we're practitioners here.

1:26.6

The principles that we use and teach you people at Entry Leadership are from a practitioner,

1:34.6

from a leadership team at Ramsey Solutions and Entry Leadership.

1:39.2

This is stuff we have done to grow this business we have from a car table in my living room

1:45.7

and over a thousand team members and $300 million in revenue this year.

1:53.1

So we're real people.

...

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