366. Being sale-ready, Forecasting like a CFO, and Selling confidently on your terms, with former Party People CEO, Dean Salakas
Description
"You've got to get yourself into a position to exit and then put time on your side. Don't be in a rush to sell, but when you are ready, put a deadline in place for buyers to make an offer."
In this episode of The Inner Chief podcast, I speak to Dean Salakas, former Party People CEO, on Being sale-ready, forecasting like a CFO, and selling confidently on your terms.
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Dean is a retail advisor, keynote speaker, and former CEO of The Party People, Australia's largest party store, which sold in late 2024.
With three successful business exits and a track record of retail innovation, Dean now helps businesses grow through strategic advice and execution support and also as a fractional Head of Growth atΒ Party Hire Group.
This is the second time we have had Dean on the show; during episode 234 we covered how he saw change as an opportunity, coping with growth, and evolving as a leader.
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In this Evolved CEO Masterclass, we talk about:
β The art of the sale - how to create buyer FOMO, go public with your sale, and drive up valuation.
β Why staying 'match-fit' with reporting and forecasting is key to a successful exit.
β The power of understanding your customer beyond product, and why this matters when selling, and
β What BATNA is and why deal structure matters more than just the multiple on offer.
Stay epic,
Greg
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Connecting with Dean Salakas
You can connect with Dean via LinkedIn
Books and resources
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The One Minute Manager - Kenneth Blanchard Ph.D. &, Spencer Johnson M.D.
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