YAPLive: Planning Your Exit Strategy with Sharon Letcher | Uncut Version

Young and Profiting with Hala Taha

YAP Media Network | Hala Taha

Marketing, Entrepreneurship, Business

4.8 • 1.5K Ratings

🗓️ 4 February 2022

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Join Hala for a live Young and Profiting Episode with Sharon Letcher on Clubhouse! Sharon Letcher is the New York Times best-selling co-author of Rich Dad Poor Dad and fourteen other Rich Dad books. She is also the woman behind the revamped Napoleon Hill Think and Grow rich series, and has advised 2 US Presidents - George W Bush and Barack Obama - on the topic of financial literacy. Sharon co-authored her latest book alongside Michelle Seller Tucker, Exit Rich, to help entrepreneurs build their business the right way, as well as fix their existing business so they can exit smart and exit rich! In this live episode Hala and Sharon are going to be covering how to know when to sell your business, how to assign a valuation, how to leverage Sharon and Michelle’s 6Ps to account for the added value of a business, how to target potential buyers and so much more! Sponsored by - BrandCrowd - Check out brandcrowd.com/yap to learn more, play with the tool for free, and get 73% off your purchase. Mint Mobile - To get your new wireless plan for just 15 bucks a month, and get the plan shipped to your door for FREE, go to mintmobile.com/yap Jordan Harbinger - Check out jordanharbinger.com/start for some episode recommendations Constant Contact - To start your free digital marketing trial today, visit constant contact dot com. Woven Earth - Make Woven Earth a part of your night routine and save 20% on your order with code YAP20 on WovenEarth.com/YAP Social Media: Follow YAP on IG: www.instagram.com/youngandprofiting Reach out to Hala directly at Hala@YoungandProfiting.com Follow Hala on Linkedin: www.linkedin.com/in/htaha/ Follow Hala on Instagram: www.instagram.com/yapwithhala Follow Hala on Clubhouse: @halataha Check out our website to meet the team, view show notes and transcripts: www.youngandprofiting.com Mentioned In The Episode: Sharon’s Books: https://amz.run/5HeL Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey everyone, it's Hala, host of YAP, a Young and Profiting podcast, a number one self-improvement
0:06.7	podcast across all apps and a place for you to listen, learn and profit.
0:11.1	I've interviewed the likes of Matthew McConaughey, Seth Godin, Charles DuHig, Dave Asprey,
0:15.8	and so many more bright minds of this world.
0:18.7	You're tuning into a live episode of Young and Profiting Podcast on Clubhouse in the
0:22.8	Human Behavior Club, the biggest club on the app.
0:26.1	And today we're primarily discussing exit strategy and we're joined by Sharon Lecker,
0:31.6	financial literacy expert and CEO of Pay Your Family First.
0:36.8	Sharon is also the New York Times bestselling author of Rich Dad, Poor Dad, and 14 other
0:41.8	Rich Dad books.
0:43.4	She's the woman behind the revamped Napoleon Hill Think and Grow Rich series and has advised
0:48.9	two US presidents, George W. Bush and Barack Obama, on the topic of financial literacy.
0:55.8	One co-authored her latest book alongside Michelle Zeller Tucker, Exit Rich, to help entrepreneurs
1:02.2	build their business the right way as well as fix their existing business so they can
1:06.3	exit smart and exit rich.
1:09.0	Planning your exit strategy is something we haven't yet covered on YAP and so I'm very
1:12.8	excited to get into this topic.
1:15.0	And it's a super important one because according to Forbes, eight out of ten businesses
1:19.8	will not sell, leaving many owners to close their businesses or even worse, file for bankruptcy.
1:25.6	And we, young and profitors with our own businesses or who are planning to start their own companies
1:30.8	eventually, don't want to be one of those eight who don't sell.
1:34.6	And we'll learn why later on.
	...

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