James Schramko Podcast

James Schramko Podcast


1062 - 5 stages of Growing a Business to Exit: Insights and Strategies

March 17, 2024

02:30 - Scale to Sale originated from a partnership focused on building a business to sell.

04:23 - Rohan shares a five-step process to grow and sell businesses.

05:00 - The initial step involves having a clear vision for the business's end goal.

06:13 - It's essential to evaluate your genuine interest in selling your business.

08:52 - Assessing the robustness of your business foundations is second of things to consider when selling a business.

11:29 - Once the foundation is solidified, the next phase can commence.

16:08 - The third step focuses on strategies to grow a business.

19:42 - Step 4 involves tactics to increase profitability.

20:54 - The fifth and final step is the planning and process of exiting a business.

23:28 - Selling a business can be an emotional and unpredictable journey.

27:03 - Individuals best suited for business exits typically achieve rapid sales growth or consistent performance over time.