The 10-minute drive to the airport seemed to take forever.
The only sound was the muffled traffic outside the heavy tinted windows in the Uber Lexus.
Now what? Mark thought…
His wife was staring blankly out the window.
The deal to sell Mark’s business fell apart.
The buyer, the spoiled son of a self-made man pulled the plug that morning in front of both teams’ lawyers and advisors.
It was the morning to sign the Share Purchase Agreement.
Well he didn’t pull the plug directly.
His right-hand man was on the conference phone (not even a zoom) saying the deal was off.
No real reason given.
And he hung up within a minute.
What was going to be a celebratory Christmas and New Years trip with his family had become this moving coffin of silence.
$13.75 million dollars.
Enough to both retire on and start the next chapter in their lives.
None of the other offers were in the same ball park.
Back to the drawing board…. Back to the daily … no … the annual grind.
This holiday would have to be cut short….. again.
And retirement pushed back another 3 years.
Fast forward 10 years later…. Mark is still grinding on.
Still looking to sell at his price.
To Be continued….
You might not be able to avoid a buyer backing out the last minute but you can avoid the fate of working in a business you wanted to exit many yesterdays ago.
Find out more at our next Owners Table. You can grab your invite to sit at the table here.
To your Success and Sanity,
George
P.S. Starting in November, I’m looking to work one-on-one with 7 very specific 7-Figure Business Owners who want to put their retirement plans back on track by transforming their business into a premium, sellable asset in as little as 90 days.
We’ll do this without wasting your money and time on … products or services that provide little to no growth, inconsistent cash flow dead ends, and the common risks that prevent you from selling your business.
So if you:
1. Own a thriving 7-figure business:
2. Plan to Retire within the next 60 months by selling your business:
3. Need to secure a favorable sale price to fulfill your lifetime financial dreams:
4. Are anxious or have already been disappointed not to receive the value you believe your business deserves.
5. Open to innovative strategies to maximize your business’s worth:
6. You’re friendly, eager to learn, and comfortable with being held accountable.
7. Ready to seize the moment and act now:
8. Able to dedicate at least 60 minutes per week to transform your business’s future:
.