Get Your Business Exit Ready While Maximizing Its Value with Christine Nicholson
Impact Pricing9 Syys 2024

Get Your Business Exit Ready While Maximizing Its Value with Christine Nicholson

Christine Nicholson has a 25-year experience of running companies in multiple sectors. She started, built, and exited multiple successful businesses. She took a business from £0-£4.5m turnover in 15 months. And she also rescued a bankrupt company from millions in debt to an eight-figure exit in under 18 months. More than just experience, she studied hard to become a Chartered Management Accountant with a law degree, a postgraduate degree in Information Systems Management - and a Professionally Accredited and Experienced Business Mentor.

In this episode, Christine shares valuable insights on several key topics related to business valuation and pricing like the owner's emotional attachment, preparing a business for sale and customer feedback for pricing strategies. She provides a balanced view of how to strategically prepare a business for sale, emphasizing the importance of logical pricing decisions and understanding customer value perceptions.

Why you have to check out today’s podcast:

  • Gain insights on emotional influence in business decisions to help you make more informed, rational decisions that enhance your company's value.
  • Discover actionable tips on how to boost a company's valuation by implementing effective pricing strategies.
  • Learn the importance of customer engagement to understand their perception of value for better pricing decisions.

"Go and ask your customers what they think of your service. If you were no longer providing this service, what would they be willing to pay for the level of service that they get from someone else?"

- Christine Nicholson

Topics Covered:

01:02 - How did she get involved in pricing

03:20 - Discussing a common misconception among business owners regarding the value of their businesses

03:51 - Highlighting a scenario of the emotional complexities and the challenges business owners face when selling their businesses

12:22 - The psychological dynamics involved when business owners try to value their businesses and their services

14:37 - Explaining the key factors that sophisticated buyers look for when purchasing a company

17:22 - Deeper motivations tied to personal beliefs and values other than price when selling a business

19:40 - How adjusting pricing is one of the quickest and easiest ways to improve a business

22:05 - Christine's approach to helping companies fix their pricing strategies which involves more than simply raising prices

24:07 - Addressing the emotional and logical aspects of business decision-making

25:36 - Christine's best pricing advice

Key Takeaways:

"When you're talking directly to your customers, you have to talk with your heart because you're dealing with one human being typically to another. " - Christine Nicholson

"...if you get your pricing right, then you're going to make more profits; you're going to generate more positive cash flows." - Christine Nicholson

"When it comes to selling your business, all the heart is with the seller, and all the logic is with the buyer." - Christine Nicholson

"When people put their soul into something, they attach a value to it when they're selling their business; ironically, and completely paradoxically, they don't attach the value of the effort that they put into the business to their customers." - Christine Nicholson

"One of the biggest problems that I see from a selling business is where somebody is mentally associating the value of the business by the effort they've put in, but they're not reflecting that correctly in the way that their pricing to their customers." - Christine Nicholson

"You need to believe the value that you are giving to your client." - Christine Nicholson

"Buyers do not want to buy a job. They are buying an investment that has a hard return on capital. And the more certain they are about the return on capital, the higher the money that they will pay and the faster you'll get the cash in your bank." - Christine Nicholson

Connect with Christine Nicholson:

Connect with Mark Stiving:

Jaksot(500)

Blogcast: Everyone’s Talking About AI. Almost Nobody’s Using It.

Blogcast: Everyone’s Talking About AI. Almost Nobody’s Using It.

This is an Impact Pricing Blog published on June 30, 2025, turned into an audio podcast so you can listen on the go. Read Full Article Here: https://impactpricing.com/blog/everyones-talking-about-ai-almost-nobodys-using-it/ If you have any feedback, definitely send it. You can reach us at mark@impactpricing.com.  Now, go make an impact.   Connect with Mark Stiving: Email: mark@impactpricing.com LinkedIn: https://www.linkedin.com/in/stiving/

5 Syys 4min

AI SEO and the Future of Brand Discovery with Bryan Phelps

AI SEO and the Future of Brand Discovery with Bryan Phelps

Bryan Phelps is the founder and CEO of Big Leap, a digital marketing agency he's been running for 17 years. He's been working in digital marketing and SEO since college and recently served as a juror in a murder trial (though we don't discuss that). Bryan specializes in helping B2B tech companies and professional services firms navigate the evolving landscape of AI-powered search and discovery. In this episode, Bryan reveals how AI is fundamentally changing SEO and digital marketing, why traditional performance marketing tactics are becoming less effective, and how companies can build "brand-led performance marketing" strategies that work across Google, AI platforms, and future technologies.   Why you have to check out today's podcast:  Learn the key differences between B2B and B2C buyer behavior in the age of AI search.  Discover the three pillars of AI SEO and how they relate to traditional search optimization. Understand why building relationships with the 95% of non-shopping audiences creates pricing power.   "A lot of value is created before you ever start a pricing conversation. So that's how we're trying to help our clients shift a bit is, not just focus on that 5% of people that are in market and then compete on price."  – Bryan Phelps   Topics Covered: 01:40 – B2B vs B2C SEO differences: How buyer journeys vary from research-heavy B2B to purchase-ready B2C audiences  04:08 – AI SEO and discoverability strategies: Understanding where audiences search and optimizing for multiple platforms beyond Google  07:44 – AI recommendations and SEO strategy overlap: How AI's "query fan out" method connects Google rankings to AI search results  12:18 – Brand element and popularity component: Why being recognized as an industry authority matters more than broad household recognition  15:05 – Brand-led performance marketing shift: Moving from link-based to mention-based strategies in the post-tracking world  18:45 – Brand ideology and differentiation process: How to define unique viewpoints and align with genuine audience connections  20:22 – AI's impact on content creation: Why long-tail content is losing value and expertise-based content is gaining importance  25:56 – Pricing advice for businesses: Building value with non-shopping audiences to reduce price sensitivity and competition  27:02 – Staying informed in marketing: Bryan's LinkedIn newsletter for non-marketers navigating industry changes   Key Takeaways: "The exciting thing for us is I think it's kind of going back to almost like pre Google. So it really is more of a brand marketing function in a lot of ways." – Bryan Phelps "Being known to your audience is ultimately what matters. You don't have to be the household name, necessarily, but if your audience is just a little bit more niche and specific, you can be the brand in their world." – Bryan Phelps "Our goal isn't to take any company and just try to cover the broadest of brands... we're trying to ultimately create a brand that aligns with our ideal client." – Bryan Phelps "Our goal is to help brands be remembered, not just discovered." – Bryan Phelps   Resources and People Mentioned: Big Leap Digital Marketing Agency: https://bigleap.com  Kobe Bush: Team member who coined "people notice different" concept  Query Fan Out: AI method of breaking prompts into multiple searches  Brand Ideology Process: Big Leap's framework for unique positioning  Zero Click Marketing: New measurement paradigm for AI-driven discovery   Connect with Bryan Phelps: LinkedIn: https://www.linkedin.com/in/bryanphelps/ Website: https://bigleap.com   Connect with Mark Stiving: LinkedIn: https://www.linkedin.com/in/stiving/  Email: mark@impactpricing.com

1 Syys 27min

Blogcast: Product-Market Fit Is Overrated for Pricing

Blogcast: Product-Market Fit Is Overrated for Pricing

This is an Impact Pricing Blog published on June 30, 2025, turned into an audio podcast so you can listen on the go. Read Full Article Here: https://impactpricing.com/blog/product-market-fit-is-overrated-for-pricing/ If you have any feedback, definitely send it. You can reach us at mark@impactpricing.com.  Now, go make an impact.   Connect with Mark Stiving: Email: mark@impactpricing.com LinkedIn: https://www.linkedin.com/in/stiving/

29 Elo 5min

Why Pricing Deserves a Seat at the CEO Table with John Norkus

Why Pricing Deserves a Seat at the CEO Table with John Norkus

John Norkus is the founder of chiefpricingofficer.com and has led pricing transformation teams at several large consulting companies including Deloitte and KPMG. He started his career as an aircraft engineer before transitioning into business, bringing his analytical mindset to understanding the behavioral economics of pricing decisions. In this episode, John makes a compelling case for why pricing professionals deserve a seat at the executive table, exploring the disconnect between pricing's impact on enterprise value and its typical organizational placement. He discusses his new platform designed to unite senior pricing professionals and elevate the discipline to C-suite recognition.   Why you have to check out today's podcast:  Discover why pricing professionals are typically buried 2-3 levels below the CEO despite controlling one of four key profit drivers. Learn the difference between traditional pricing roles and true chief pricing officer responsibilities. Understand how to position pricing as enterprise value creation rather than just cost management.   "Pricing may be part marketing, part analytics, part behavioral, part external, part internal, but it is the piece that aligns us on how we're actually squaring off against the market."  – John Norkus   Topics Covered:  01:43 – John's journey to pricing transformation: From aircraft engineer to behavioral economics and CRM to pricing strategy  05:18 – Positioning pricing as organizational connective tissue: Why pricing deserves equal footing with volume, cost, and mix initiatives 08:01 – The pricing control dilemma among departments: How sales, marketing, finance, and operations all claim ownership of pricing decisions  12:24 – Defining the Chief Pricing Officer's role: Executive alignment versus operational pricing work and transformation implementation  15:45 – Pricing strategies in business: Inside-out versus outside-in approaches and competitive intelligence versus customer willingness to pay  16:32 – Critical senior alignment in pricing projects: Why CEO buy-in as a top-3 initiative determines transformation success or failure  19:39 – Pricing and enterprise value analysis: Demonstrating 2-7% bottom-line impact within 12-18 months to justify executive investment  23:35 – The activist CFO and enterprise value: Finding CFOs who understand value creation beyond cost reduction and margin improvement  29:29 – Pricing as organizational alignment: How pricing serves as the ultimate test of market positioning and competitive strategy   Key Takeaways: "If the pricing transformation of the pricing program isn't number one on the CEO's list of one, two, or three most important thing they can do this year... then quite frankly, it's not as important and it doesn't have the kind of alignment that you thought it did." – John Norkus "Organizations who get it are the ones that we should be engaging with... change comes from within. And if somebody believes that this is the right thing to do and they just need somebody to help them do it and somebody who has done it before, that's where people like you and I actually succeed." – John Norkus "I consider 20% of everything we do in pricing to be analytics or data and objective based, and the other 80% to be about behaviors, either internal behaviors or external behaviors that need to be captured and understood." – John Norkus   People / Resources Mentioned:  Professional Pricing Society (PPS): Established organization for pricing professionals and education  Simon Sinek Four Drivers of Enterprise Profit: Volume, Cost, Mix, and Price - and their typical organizational reporting structures   Connect with John Norkus:  LinkedIn: https://www.linkedin.com/in/johnmnorkus/ Email: john@chiefpricingofficer.com  Website: https://www.chiefpricingofficer.com/    Connect with Mark Stiving: LinkedIn: https://www.linkedin.com/in/stiving/  Email: mark@impactpricing.com

25 Elo 31min

Blogcast: When Pricing Becomes Sleazy Manipulation

Blogcast: When Pricing Becomes Sleazy Manipulation

This is an Impact Pricing Blog published on June 23, 2025, turned into an audio podcast so you can listen on the go. Read Full Article Here: https://impactpricing.com/blog/when-pricing-becomes-sleazy-manipulation/ If you have any feedback, definitely send it. You can reach us at mark@impactpricing.com.  Now, go make an impact.   Connect with Mark Stiving: Email: mark@impactpricing.com LinkedIn: https://www.linkedin.com/in/stiving/

22 Elo 6min

How Many Agents Should Pricing Software Have? with Steven Forth

How Many Agents Should Pricing Software Have? with Steven Forth

Steven Forth is the founder and CEO of Ibbaka and by far Impact Pricing's most frequent guest. He's currently developing ValueIQ, a set of agents for pricing and value advisory work that will soon be available for broader use. In this episode, Steven discusses his recent research comparing agent strategies across four major pricing software companies, explores the fundamental question of how many agents is optimal, and reveals how AI is transforming both the buying and selling process in ways most companies aren't prepared for.   Why you have to check out today's podcast: Learn how the four major pricing software companies (Pros, Vendavo, Zilliant, PriceFX) approach agent development differently. Discover the key difference between role-based and task-based agent design strategies. Understand how AI will fundamentally change B2B buying processes and what that means for pricing.   "Start using AI to get a deeper understanding of how your customers are buying. Because if you don't understand how your customers are buying and buying using AI, you're not going to be able to price properly." – Steven Forth   Topics Covered:  02:07 – ValueIQ introduction: Steven's new agent platform for pricing and value advisory work  06:34 – Defining agents: The difference between true agentic AI and wrapped LLM functionality  10:49 – Sales agent complexity: Breaking down the many tasks salespeople perform and agent granularity 12:35 – Pricing agents vs. features: How to decide between individual pricing and bundling strategies  15:55 – The future of pricing models: Why "good, better, best" packaging may disappear in 2-3 years  21:05 – AI's role in B2B buying: How AI intermediaries will transform RFP processes and vendor selection  25:06 – Understanding AI-powered customers: Why companies must learn how their buyers use AI in purchasing decisions   Key Takeaways: "When I saw that PriceFX announced that it had more than 125 agents... I thought, huh, that's kind of a jaw-dropping number. I don't think I could generate 125 agents for pricing software." – Steven Forth "The role of AI in the buying process is more important than the role of AI in the sales process." – Steven Forth "You're going to be creating more content, not less. But that content is primarily going to be consumed by AIs." – Steven Forth "I think that many of the common packaging assumptions such as good, better, best are going to dissolve away over the next two or three years." – Steven Forth   Resources Mentioned: Michael Mansard's 14-factor model: https://www.linkedin.com/in/michaelmansard/    Connect with Steven Forth: LinkedIn: https://www.linkedin.com/in/stevenforth/  Email: steven@ibbaka.com   Connect with Mark Stiving: LinkedIn: https://www.linkedin.com/in/stiving/ Email: mark@impactpricing.com

18 Elo 27min

Blogcast: The Secret Link Between Market Segments and the “Will I” Decision

Blogcast: The Secret Link Between Market Segments and the “Will I” Decision

This is an Impact Pricing Blog published on June 16, 2025, turned into an audio podcast so you can listen on the go. Read Full Article Here: https://impactpricing.com/blog/the-secret-link-between-market-segments-and-the-will-i-decision/ If you have any feedback, definitely send it. You can reach us at mark@impactpricing.com.  Now, go make an impact. Connect with Mark Stiving: Email: mark@impactpricing.com LinkedIn: https://www.linkedin.com/in/stiving/

15 Elo 5min

How to Turn Vendors Into Paying Customers (And Other Pricing Secrets) with Ashish Gupta

How to Turn Vendors Into Paying Customers (And Other Pricing Secrets) with Ashish Gupta

Ashish Gupta, founder and CEO of ScaleUp Exec, brings a unique perspective to pricing from his experience building and selling multiple companies across technology, e-commerce, and subscription businesses. Starting his career at Anheuser-Busch (as the company's only non-drinker), Ashish has led businesses from startup to eight-figure valuations, giving him deep insights into pricing across different business models and growth stages. In this episode, Ashish shares unconventional pricing strategies that transformed his businesses, including how he convinced vendors to provide products for free by repositioning his company as a marketing partner rather than a traditional retailer.   Why you have to check out today's podcast:  Discover how to identify and target the specific customer segments willing to pay premium prices for your unique value proposition.  Learn the "influencer plus" strategy that transforms vendor relationships from cost centers into revenue-generating partnerships.  Understand how subscription businesses create deeper customer relationships and the pricing implications of holding customer credit cards.   "Instead of trying to go to a general audience, which may or may not be interested in paying you more for something unique about your product, really try and understand who is that core set of people that will find real value and be willing to pay for that value."  – Ashish Gupta   Topics Covered:  01:48 — Ashish's entrepreneurial journey: From Anheuser-Busch to multiple successful exits. 03:42 — The psychology of subscription pricing: Why holding credit cards creates deeper customer relationships. 07:54 — Win, Keep, Grow framework: The often-overlooked "grow" component in subscription businesses.  11:03 — ScaleUp Exec's fractional COO model: Bringing enterprise talent to small and medium businesses.  13:45 — Revenue growth strategies: How COOs approach customer acquisition and diversification differently. 17:34 — The pricing audit revelation: Why PE firms consistently find underpriced acquisitions. 22:01 — The "off balance sheet CFO" positioning strategy for premium pricing.  22:58 — The vendor flip strategy: From paying wholesale to getting products for free. 24:04 — Building the "influencer plus" model: Combining audience and distribution for vendor value.   Key Takeaways: "I think relationship and subscription are, they kind of go hand in hand. That means I have to always be getting value. I have to have this confidence that, if somebody has my credit card and I've given them authorization to charge it versus like, let's say an Amazon, I'm proactively going in and saying, yes, I want this item." – Ashish Gupta "If we can build out our own audience, and grow that audience to be something meaningful and have a deep connection with that audience so that they really trust us, our brand as a retailer, then we can actually talk with our vendors and say, hey, we're no longer a retailer, we're really a marketing company." – Ashish Gupta   Resources and People Mentioned:  Anheuser-Busch: https://www.anheuser-busch.com  Shopify Shop Pay: https://www.shopify.com/shop-pay  PayPal: https://www.paypal.com/  Mark Stiving's book: "Win, Keep, Grow" about subscription businesses   Connect with Ashish Gupta:  Website: https://scaleupexec.com/  Linkedin: https://www.linkedin.com/in/ashish-gup/    Connect with Mark Stiving: LinkedIn: https://www.linkedin.com/in/stiving/  Email: mark@impactpricing.com

11 Elo 28min

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