by George Sotiropoulos | Nov 29, 2024 | Business Value, Dependency on Owner, Scaling the Business
Hi,Ready to turn your business into a sellable asset while enjoying a highly profitable ride along the way?It’s about stepping back to get to the next level, grow its value, and one day sell it for life-changing money.If that sounds like something you want, then join...
by George Sotiropoulos | Nov 28, 2024 | Business Value, Dependency on Owner, Scaling the Business
When investors evaluate a business, they’re not dazzled by how hard you’ve worked or impressed by the sleepless nights you’ve endured. They have one focus—potential.Here’s a brief look inside some of their thought processes when deciding whether to invest:Does this...
by George Sotiropoulos | Nov 27, 2024 | Business Value, Dependency on Owner, Scaling the Business
When Sam walked into the café with his dragging feet and slouched shoulders, I thought he had an invisible stone on his back of 100 kg.When I saw his eyes.. I figured it was 200 kg.“George,” he said, “I can’t keep this up. I’m working harder than...
by George Sotiropoulos | Nov 26, 2024 | Business Value, Dependency on Owner, Scaling the Business
Owning a business is rewarding—but is yours ready to sell when the time comes?Here are 5 red flags that could scare buyers away:The business is overly dependent on you.Your financials are messy or unclear.There’s no leadership pipeline in place.You lack a clear...
by George Sotiropoulos | Nov 25, 2024 | Business Value, Dependency on Owner, Scaling the Business
Michelle slumped into the café chair across from me, dark circles under her eyes and one of the biggest Hulk Hogan like coffee mugs I’ve ever seen.“George, I haven’t had a good night’s sleep in years.”Michelle wasn’t a struggling entrepreneur—far from it. Her business...
by George Sotiropoulos | Nov 13, 2024 | Business Value, Dependency on Owner, Scaling the Business
My parents were friends with “Uncle Ted” and his family, whose kids were the same age as my siblings so we hung out a lot.Ted was a success story in the United States.As an immigrant he worked hard, started his own business and became a successful manufacturer of...
