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Author: Exit Coach Bill Black

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Exit Coach Bill Black interviews top Advisors & Authors for their best Tips, Ideas & Precautions for Business Owners who want to plan for a successful Business Sale or Transfer. Daily 20 min. interviews. Visit our website at ExitCoachRadio.com for more great planning info!
1043 Episodes
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Tawnya Gilreath of LA Business Pros shares valuable tips and ideas for getting your business in shape and getting it sold. Be sure and listen to this full 20-minute interview carefully as there are valuable lessons for business owners regarding managing and communication their expectations, working closely with their Business Sale professionals and making a true effort to get the business ready for sale.   
Leo Klijn, Exit Strategy Planning, Henberger, discusses the importance of understanding your perspective and your Advisors' perspectives when you think of Exit planning.    
Roger Winsby, President, AxiomValuation Solutions,  discusses the methods of valuation that can be used and ideas and strategies to help business owners enhance and increase their values. Please help spread the word by clicking "share" below  
Using Common Sense is a sure fire way to prepare your company for the future. Vince Langley uses his expertise to ensure that companies are engaged and that both employees and business owners take ownership of their jobs.    Questions Discussed:   How can a business owner build a culture of independence vs dependence? How can we build a culture of accountability and ownership?   Contact Info:    Email Address: alaskavince@gmail.com Website: vincelangleyresources.com
Rickard Hansson, Incentive Corp. suggests that, rather than holding their wisdom inside, that if key employees shared their ides and methodologies it could spark creative collaboration that could create new and improved ideas for company growth. Our Exit Coach Network features several other Shows on a variety of topics. Go to www.ExitCoachRadio.com and click on "Exit Coach Network" under the "LISTEN" section. Transcript:  Rickard: I want to drain the brain of the co-workers and get no so dependent on key-persons, because you are, and they know that they are the key things, so that's where we want to attack, in some sense. When you implement this, you have to make sure everyone is on board. Typically in the beginning, you have to get the ambassadors, people who want it, early adopters, as soon as possible, because the key persons, the key employees, are usually the last ones because they want to keep their knowledge because it's a part of their power. Of course, you're part of the company because you know something, and you're obviously a key player, but holding that information isn't a part of that, because if you hold that information, I think you stop evolving, as well. But if you bring the things you have to the table, and put it into our system, you will, as a key person probably progress, educate yourself, and bring more to the table, and the company will also be up to speed in terms with the knowledge and discuss new ideas, and move even faster than their competitors. 
Joe coaches bright people to turn their "talents into treasures" so they can EXIT their "soul-sucking" job.  Questions Answered:  1) Why Are People Afraid to Start A business? 2) Everybody's different! What's "the right" business? 3) What are the fundamentals needed to succeed? Contact Info:  Website: http://TalentsIntoTreasures.com  Email: rapidresults@gmail.com 
Settle in for a fascinating conversation with 2019 Vistage Speaker of the year Dr. Bill Crawford. Bill is a licensed psychologist, author of 4 books, and has created over 3,300 presentations for Sprint, Shell, The American Medical Association, and many more esteemed organizations. While we are over-saturated with information, Bill realized early on that we are not necessarily sure of what to do with it. After taking a class on the biological basis of behavior, Bill came up with a tried and true system for taking advantage of the way our brains work in order to think at a higher level. Reactions are due to the way we process information, and Bill shares why thinking in different parts of the brain causes different responses. By training our brain to think in the neocortex, our decision making process becomes more advanced and clear. Bill sheds light on what can happen when we try to see other people as allies instead of adversaries. While it may seem exhausting to aim for high level thinking all the time, Bill discusses why this process can actually be chemically energizing. Treat yourself to Bill’s exceptionally useful information.  
          Rick MacBarron shares some financial planning tips from his many years of experience. Find his full interviews by searching in our index. Transcript:  Bill: What's the buyer who's gonna buy your business, gonna look for in your business? Here's two great tips from Rick MacBarron. Rick: The investment banking market is a nervous market, buyer's are very, very careful. So, again, when you present to the market, the business has got make a lot of sense. A buyer's gotta be able to look at the financials and understand it quickly, and not have to do a lot of digging around and, "can you explain this to me, please?" and, they don't want to ask a lot of those questions. Well, the other thing I see, Bill, is business owners just doing too many things, so that when a buyer comes along, the buyer's gonna say, "well, wait a minute, Mr. or Ms. Business Owner, you are the business." A company I'm working with right now in Wilmington, where we're intentionally bringing in a management team, so that when my client steps out, the buyer can look at it and say, "okay, this is a business I can buy, and it can continue running without the big guy still in the company."   
Martin Staubus is a Consultant for the Beyster Institute at the Rady School of Management. The Beyster Institute is a nationally recognized center of expertise in employee stock plans. Mark focuses on: 1) structuring ESOPs so business owners can liquidate equity on highly tax-favored, flexible terms; and 2) creating equity participation programs that use stock options, restricted stock, or other forms of equity compensation to attract and motivate employees.   The Beyster Institute at UC San Diego is the nation's leading university-based center of expertise on employee stock programs. They provide advisory services to business owners who are interested in monetizing some or all of their equity value through an ESOP (employee stock ownership plan) - a program that allows an owner to sell any portion of his stock to his employees, generating tax savings that can actually exceed the value of the stock being sold. The institute also advise on the design and implementation of equity participation programs that use stock options, SARs, restricted stock grants or other forms of equity compensation to attract, retain and motivate employees, and align the team's focus on driving the success of the business. Contact Info: Website: http://www.rady.ucsd.edu/beyster/ 
Maybe you think you know a lot about how you will sell your business. Chad Peterson of Peterson Acquisitions has sold many many businesses and shares his expertise. Website: https://petersonacquisitions.com/ LinkedIn: https://www.linkedin.com/in/petersonacquisitions/ Recent Award: https://bloggerlocal.com/national/reviews/best-business-brokers-sell-your-company How to Sell Your Company (Free eBook offer) https://petersonacquisitions.com/get-the-book/  
Randy Noe is an experienced Leadership Coach who has recently authored "Leading Well: The Essence of Wholehearted Inspirational Leaders". He shares tips and thoughts for you to become a better leader
Mike Leannah’s background includes over 20 years in a C-Suite executive position in various industries domestically, along with 4 years of international experience with a Fortune 100 company. As an entrepreneur, Mike organically grew his company from $2.7M to $22M in a four- year period, realizing EBITDA growth from $400K to $3.1M. Mike joined Cornerstone with the goal of helping business owner clients plan for the single, most critically important financial event of their lives - the transition out of their business. Mike, as a member of the BEI Network of Exit Planning Professionals has earned the designation of a BEI Certified Exit Planner, CExP. During this interview, we discuss the answers to these questions (among others): What do owners and CEO say is the biggest issue that they face? What is the business owners largest obstacle in building enterprise value? What are the characteristics of a company that will grow and prosper during and after this pandemic? Mike offers a 1 Hour Complimentary consultation to discuss "What's keeping you up at night"
                          Jim Jubelirer is the owner of Jubelirer Results Group. Jim's goal is to Contribute to Others and Add Value. Today we're going to talk about Creating a High Performance Culture.   Website: www.jubelirerresultsgroup.com        
                          The Galliard Family Business Advisor Institute was founded to ensure that small family-owned and closely held businesses across the country had access to the help they need to keep their businesses thriving while they undergo the significant transition in leadership.   
                              Greg Nutter from Soloquent Inc, helps small and mid-sized business owners solve revenue growth problems for companies that sell products or services either through a direct sales force or through a reseller channel. Please share this interview with your Social Media contacts!      
BizEquity's Valuation as a Service (VaaS)TM system was created to democratize business valuation knowledge for all business owners and the advisors who serve them. Our vision is to value every private business in the world and to make business valuation affordable, accessible, and real-time, thus ushering in the next great cloud based software andBig Data company for Small Business. Questions Answered:  1. Why did you start BizEquity? 2. Why is BizEquity important to an advisor?  3. Where is BizEquity in 10 years?  Contact Info:  Website: bizequity.com Email: brent@bizequity.com      
Sean Brawley is a world renowned expert on sustainable high performance and the Inner Game. His clients include Super Bowl Champion Coach Pete Carroll and Senior leaders of GE, ITT, and Union Bank. Today, Sean speaks to us about the basic premise of the Inner Game, about his work with Pete Carroll, and how his coaching can help CEOs. Contact Sean for a free 30 Minute consultation to explore how coaching can help you accomplish your personal and professional goals.  
Jasmine Sandler is a global digital marketing and sales consultant and trainer in the areas of Online Branding, SEO and B2B Social Media. She has been the CEO of a Digital Agency since 2006, and has a niche service that she provides for CEOs and small business owners called Personal Branding Online. Jasmine recently published her 3rd book called "How to Brand Yourself Online Like A CEO" with a related Social Branding Course for business owners.  Website: www.jasminesandler.com
            Fred Berns is the President of Business by Design, and provides coaching and speaking programs, and marketing and copywriting campaigns designed to help business owners stand way out from their competitors, and master their marketplace. Contact Info:  Website: whatsyouronly.com Email: fred@Whatsyouronly.com
Dr. Jerry V. Teplitz is in the business of Optimizing Brain Performance and he is going to talk about How toIncrease Your Brain's Leadership Performance to New Levels of Excellence.  Questions Answered:    1) What is brain performance? 2) How can you increase it? 3) Do you have any research validating your approach? Contact Info:  Website: www.Teplitz.com Email: Jerry@Teplitz.com  
Tess Cox, Principal of Tess Cox and Associates, has a myriad of skills, but ultimately aims to assist others in personal and professional transformational change. She believes that choice, not chance, determines your destiny. Feedback is crucial to self-awareness, and self-awareness allows us to grow more effectively. Coaching is essential to maximizing our potential.  In her interview, Tess not only shares the 5 C’s of leadership, but also redefines the term leader. She stresses the importance of work-life congruency and aligning both to fit our personalities. Above all, Tess discusses the need to have a well-defined personal philosophy in order to continually make more confident decisions. Tess also shares a few examples of how she has helped her clients experience the outcomes they desire when working with and influencing others. The wisdom shared by Tess could improve your entire life, as well as your business, and should not be passed over.  
                    Alex Freytag is in the business of helping business owners get what they want out of their business. 
            Jane Johnson discusses why 5 years is optimal to plan your successful exit. She is the co-founder of the Business Transition Academy  
                      Christine Miles is the founder and chief architect of CI Squared. CI Squared is a Leadership Development and Sales Training Company. We believe people and organizations have untapped potential, and we empower organizations and people to reach their potential through our proprietary communication framework called "The Art of the Nudge." People and organizations must continuously improve and innovate business processes and key activities. Our framework is designed to work within an organization’s current system, nudging them to pivot in an agile and adaptable way to achieve superior business outcomes; that is, increased revenue, Increased profit/reduced cost, increased employee satisfaction, increased customer satisfaction, all leading to increased shareholder value. Questions Answered:  1. What are the current trends that you perceive in the world today that impact businesses? 2. You have developed an innovative communication framework as a result of these trends. What are the core principles behind “The Art of the Nudge?” 3. Can you explain your 5 Step framework? Contact Info:  Website: http://cisquared.net Email: cmiles@cisquared.net
In this 20+ minute highlight, Hans Sperling, Founder of Sperling Law Corporation discusses numerous strategies and ideas for your planning as you prepare for your Business Sale in the future, including the importance of your own pre-emptive "legal audit" to find and fix problem areas before your Buyer does, several tips on how to avoid "deal killers", and why your attorney should be your best friend when you are preparing to sell. Forward this to anyone who is saying they want to "sell someday soon"!            
Joe Bertotto of CU Services, LLC, is a consultant who helps develop high care, high performance, and high accountability cultures in the workplace. Joe’s work in this field began 25 years ago and his expertise is in leadership and culture development. His goal is to help leaders create a work environment where employees feel they get to come to work, instead of feeling they have to come to work. While everyone has their own unique strengths, we all can be exceptionally bad at identifying what they are.  Joe shares valuable insight on metrics for measuring strengths and weaknesses, as well as how this knowledge can be used to benefit the company and employees. He also explores the idea that individual well-roundedness may not be as important as we make it out to be. While weaknesses can’t be ignored, cultivating unique strengths can be potentially more fruitful. Joe’s tried and true process of helping coworkers understand, tolerate, appreciate, and eventually leverage one another is indispensable information for anyone who hopes to be a stronger team member.
Gunnar Gundersen is in the business of intellectual-property protection, consulting, and litigation, and is going to talk about how to manage intellectual property to maximize your business's value. Questions Discussed:  1. What is intellectual property? 2. How can intellectual property create value for my company? 3. Do I have intellectual property? And why should I care about managing it?
Smart Advantage is the only marketing and management consultancy focused exclusively on identifying and communicating the most important element of successful competition – your competitive advantage – from your target market’s perspective. Today, we will be discussing the importance of differentiating yourself from your competition. Questions Asked:  1. What prompted you to write your book, Creating Competitive Advantage? 2. What does Smart Advantage do and who are your ideal clients? 3. What results do your clients see after an engagement with Smart Advantage?  Contact Info:  Website: www.smartadvantage.com and www.jayniesmith.com Email: jsmith@smartadvantage.com Bonus Material:   A set of books, available on Amazon and Barnes & Noble.com. "Creating Competitive Advantage" and its companion book, "Relevant Selling".   
George Smart of Strategic Development, Inc. discusses family business issues Questions discussed: a. You'd think that passing a business to a son or daughter would be easy. After all, there's no interview. But it's not that easy, is it? b. Why do family CEO's find succession so difficult? c. What's the first step to make this easier, to clear away some of the very strong emotions people have about their children, and vice versa? Contact info: Email Address gsmart@strategicdevelopment.com Website www.strategicdevelopment.com          
Daniel Sachs has an interesting background and a new book, The Million Dollar Greeting - that you will enjoy hearing about.      
Michael Shea is the President of AdviCoach, a company focused on helping privately held businesses improve their business performance. Questions Answered 1) So exactly what is the owners trap? 2) If a listener feels they are in the owners trap how can they get free? 3) A lot of business owners I know really love what they do, what is the downside of spending all of your time and energy in your business?   Contact Info   Website: www.mshea.advicoach.com Email: mshea@fsbiapps.com  
Dolores is the founder of Masters in Clarity, a full-service digital agency that believes being a Favorite brand is more valuable than just being a Famous one. They craft beautifully useful, connected ecosystems that grow businesses and build enduring relationships between brands and humans. We discuss how Dolores and her team guide their clients to: • Communicate their message in an engaging way… they call it the TED way • Design a growth strategy that is aligned with WHO they are as entrepreneurs, what flows naturally… this is where their coaching skills come in • Take consistent ACTION towards implementing their strategy and growing their business… this is where their MUM skills come in keeping YOU moving forward  
Vince Mastrovito of Prometis Partners once again shares valuable tips and precautions for business owners! Please share this interview with your Social Media contacts!
Janna Hoiberg is a well-known author, speaker and award winning Executive and Leadership Business Coach with over 30 years experience in managing and operating successful businesses. She has helped businesses with needs varying from increasing profits, improving systems, strengthen teams and executive leadership, and fiscal growth. Janna is in the business of helping people “change the way they think about business!” Find her book at her website and on Amazon - The Family Business: How to Be in Business with People You love - Without Hating Them. Questions Discussed: 1) What makes Innovation hard in a family business? 2) How is accountability different in the family business? 3) When should family start the succession planning? Contact Info: Email: janna@jannahoiberg.com  Website: www.jannahoiberg.com
To Read This Episode's Transcript: Click Here Rich Allen, Founder of Tour De Profit, is a business advisor and nationally renowned public speaker. Rich is in the business of helping business owners engage and activate the power of their team. For the last 30 years, he’s gathered knowledge and expertise that allows him to inform business leaders. He aims to help them energize their team and transform their business into one that is profitable, sustainable, and driven by radically engaged team members. In his interview, Rich shares a variety of powerful tips business leaders can use to heighten the power of their teams. Rich discusses the tremendous value of building your values into your team as well as why you shouldn’t limit your growth to just your own knowledge. He also explains the way a high functioning business should operate using a bike as a metaphor. Rich emphasizes the importance of working proactively rather than reactively. If you wish to activate the power that currently lies dormant in your employees, this information is for you.   1-Minute Sections:  4:55-5:59: Why we shouldn’t limit our business growth to just the knowledge of the business owner. 6:21-7:22: Build a spirit of constant improvement embedded in the team. 10:34-11:41: A piece of Rich’s metaphor of how business is like a bike. 15:04-16:03: Radical engagement and Maslow’s Hierarchy of Needs.  
Stephen Lynch is the Chief Operating Officer of RESULTS.com. He is a “Kiwi” (New Zealander) living in San Francisco. He is responsible for researching and developing the strategic planning and business management practices that are incorporated into the RESULTS.com management dashboard software. Stephen is the author of the award-winning book: Business Execution for RESULTS -a practical guide for leaders of small to mid sized firms. His book was judged Winner in the "Management" category of the USA’s 2014 Small Business Book Awards. He has had articles published in The Economist, and has personally consulted with the leadership teams of hundreds of client firms around the world, and writes a weekly email newsletter that has over 40,000 business leader subscribers around the globe. RESULTS.com are a growth firm with offices in the USA and New Zealand. The methodology they teach clients is the exact same methodology they use to run their own business. Questions discussed:   1. What are some of the biggest challenges or mistakes you see in the area of strategic planning for SMB's? 2. Many companies seem to struggle in terms of figuring out the right things to measure as far as key performance indicators, do you have any insights you can share? 3. We all know the importance of goal setting. What are some of the best practices you have observed in how companies can set and achieve goals more effectively? Contact info: Email: stephen.lynch@results.com Website: www.results.com
Chris Ruisi, founder and CEO of The Coach’s Zone, is an experienced business coaching professional with an exceptional record of leadership in both large and small businesses. He mentors and guides executives and business leaders to find their “stretch” point to learn the full measure of their capabilities. He helps them to “master being comfortable feeling uncomfortable.” His book “Step Up and Play Big: How to Be Exceptional in 8 Simple Steps” has received wide recognition as being a practical tool for anyone who desires to achieve more.   Questions Asked:    1. Can you sum up what those 8 steps are? 2. Why is following the crowd a bad thing? 3. What is self-sabotage and why is it harmful? 4. How do employers punish their best employees?  5. How do mistakes actually help you?   Contact Info:    Website: http://www.chrisruisi.com/ Email: chris@thecoacheszone.com          
Steve Klein is the CEO of the Professional Development Center. Today, Steve will dive in to the topic of enlarging the comfort zone of human potential.  Website: PDCchange.com      
Katharine Halpin is in the business of accelerating the growth of companies before, during and after transitions and transactions.  Questions addressed: What is the #1 thing Business Owners can do to accelerate the growth of their company before they prepare for the sale? When is the 'right time' to tackle that? How in the world do you know if you do or do not have the right people in the right roles, focused on the right priorities? Special Offer! Complimentary, Confidential Consultation available for anyone who hears this message. Just call Katharine Halpin at 602-266-1961 or email K.Halpin@HalpinCompany.com  or go to our website www.HalpinCompany.com  My book, Alignment for Success: Bringing Out the Best in Yourself, Your Teams and Your Company is available on Amazon.    
I'm a business coach who help CEOs and business owners improve business performance and prepare for an eventual sale of the business or a generational transfer. My philosophy: Run your business like you're going to sell it ... even if you're not. Questions Answered:    1) Are there steps an owner can take in the short term to increase the selling price of a business?  2) Aside from being ready for the transaction process how does financial performance affect valuation?  3) What else can an owner do to have a significant impact on the price a buyer will pay for the business? Contact Info:  Website: www.alliance-ceo.com Email: brian@alliance-ceo.com  
Founder and CEO of Sustainable Leadership, Inc., Christina Haxton is an expert at helping others transform stress into increased engagement. Christina is a licensed marriage and family therapist, and in her clinical time, her clients tended to be extremely burnt out business executives. She began her business after realizing she wanted to help more than just one person at a time. Christina has guided countless people toward better lives, both at work and home, by sharing this important information.  Many of the clients Christina was seeing were coming to her after a wake up call from a doctor or loved one. Her new goal is to prevent people from reaching the point of desperation, and instead educating about proactive measures that prevent burnout. Many business leaders have become distant from their colleagues, but connection is essential to managing stress. Christina shares 5 common warning signs of burnout and some changes you can make to help your team and yourself manage stress more effectively. Companies with a more cohesive and connected culture become more valuable, so don’t miss out on Christina’s beneficial information.    
Brad Leggett is the CEO & Founder of The Leggett Group, Inc. Brad works with CEO's and VP's of sales to set the company's sales strategy and to build, lead and retain "high performance sales teams." Today, he will discuss how to develop your company's high performance sales team. Questions Answered:  1) What drew you to this line of work? 2) What advice would you give an entrepreneur/CEO who needs to establish a sales team? 3) What are the most common challenges you see companies encounter with their sales teams as the company grows? Contact Info: Website: www.leggettsales.com Email: brad@leggettsales.com  
AmyK Hutchens, of AmyK International, specializes in teaching critical thinking for better performance, productivity and profitability. Previously working as an executive around the globe,  she has seen countless people identifying problems, but not devising any solutions to them. This led AmyK to eventually start her own business using her passion of solving problems and igniting brilliance in leadership. She works with companies by constructing custom think tanks that are aimed to help improve business performance all around.  One of the first things AmyK will often ask her clients is “What would be your ROI if everyone in your company was thinking a bit better tomorrow?” In her interview, she explores this question from various angles and relates it to goal achievement. By breaking down the thought processes behind our behaviors, we can change both our behavior and results. AmyK stresses the importance of clearly defining the target before setting out on the hunt. She offers some tips for better understanding our customers' thought processes, finding the best prospects, and ways to improve the quality of meetings. AmyK’s knowledge is invaluable to any business owner hoping to get the most out of their time and efforts.
Barry Davis is a  Senior Certified Business Performance Advisor for Insperity, the premier Professional Employer Organization. He helps his clients confront many of their most difficult challenges. In this 20 minute interview, Barry discusses several interesting concepts to help business owners of all sizes reduce benefit costs while increasing the attractiveness of the company to attract top talent. Contact Barry at (818) 546-3131.   
Simon Lovell went from being a bullied teen, addicted to drugs, alcohol, gambling and then built his own million dollar company, but he still wasn't happy. After healing his childhood trauma he now helps CEOS and entrepreneurs become fulfilled through a proven six week transformational process called The Super High Performance Formula. He is the author of The Black Ball: Does Anybody Else Have a Secret? and has been featured on Entrepreneur and Forbes. Simon is also the host of the Unshakeable Leaders podcast. Today, we discussed the answers to these questions: How does emotional intelligence impact performance in business? What is a black ball? What is the impact of meditation on a CEO / entrepreneur?
Wendy Nolin turns "B" players into "A" players, and "A" players into Rockstars.    Website: wendynolin.com Email: wendy@wendynolin.com
Barry Shamis is the President of Selecting Winners, a training and consulting firm that teaches Business Owners, Executives and Managers how to hire better employees.    Questions Asked:    1. What is the most important thing a Business Owner or Manager can do to improve their odds of hiring a winner?   2. Where is the best place to find candidates without breaking the bank? 3. How do I know that I'm getting good information that will help me make great hiring decisions?  Contact Info: Website: www.selectingwinners.com Email: barrys@selectingwinners.com
Holly helps business leaders and their companies achieve excellence by creating clarity on what winning looks like and determining how to get there. She will help you achieve alignment and focus your organization so everyone is in the same race. Her unique approach to strategic agility, alignment and engagement - based on the approach Pause, Think, Focus, Run - provides the tools, techniques, and skills companies need to reach their destinations and achieve their goals. Questions Answered:  1) What are some of the ways our brain has built in blind spots?  2) How do we use our brains more effectively at work? 3) How can we set ourselves up to be successful Contact Info:  Website: www.thehumanfactor.biz Email: holly@thehumanfactor.biz Bonus Material:  Book on Amazon: Using Your Brain to Win and via MoreThanaMinute.com    
Craig James shares his tips and insights about how CEOs can benefit from getting involved in Peer groups. Contact Craig at craig.james@vistagechair.com    
Tom Gledhill of www.murphybusiness-ne.com discusses the most important tasks a business owner can undertake in the 2 years preceding a sale or transition. Tom has written 2 books: "Position Your Company for a Premium Exit" and How to Sell Your Company and NOT Leave Money on the Table" (both are available at Amazon Books   
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