010: Business Exit Plan: How to Build a Scalable Business That Works in Your Absence with Patrick Rogers

010: Business Exit Plan: How to Build a Scalable Business That Works in Your Absence with Patrick Rogers

"In order to scale effectively, we have to be completely removed from the day-to-day operations in the business." -Patrick Rogers

A scalable business is a company that is profitable but also has the potential to become even more profitable, without the owner being directly involved in its day-to-day processes.

Creating a business model like this can be tough. But there are ways to can create a scalable business that can be successfully exited—and it doesn't have to come at the expense of our integrity.

Exit Planning Advisor and serial entrepreneur Patrick Rogers joins me this week for a powerful conversation on business building. Patrick has mentored CEO's and business leaders to achieve their goals and transform their organizations into successful entities positioned for a profitable exit.

In this episode, Patrick and I discuss the signs that a company has high growth potential, how to balance our life triangle (relationships, career, and self), the drivers that affect the value of a company, three processes that affect the scalability of a business, and critical attributes that every business owner should possess. Our goal as an entrepreneur should be to make our business as successful as possible— and that's exactly the core of our discussion. Join in!

Connect The Modern Man:

Website

Facebook

Twitter

Instagram

YouTube

Highlights:

03:14 Signs of a Growth Potential

07:53 Stop Running Away

10:14 What is a Scalable Business?

15:38 Why Entrepreneurs Sell Their Business

21:57 Risks that Prevent the Sale of a Business

25:15 How to Make Your Company as Successful as Possible

27:25 Recap

Avsnitt(430)

Unplug Vs. Recharge | Andrej Suttles

Unplug Vs. Recharge | Andrej Suttles

One week back from vacation and the reflection and analysis have just about come to an end. Something interesting happens when you take yourself out of the elements you've grown accustomed to and let ...

3 Juli 201924min

Change & Coping | Andrej Suttles

Change & Coping | Andrej Suttles

What's going on everybody? Thanks for tuning back in on this week where we decided to change it up a little bit! What big changes have you made in your life? How do you handle change and coping with t...

26 Juni 201927min

Let's Take A Vacation | Andrej Suttles

Let's Take A Vacation | Andrej Suttles

As I'm getting ready to take my first trip ever out of North America, I started thinking to myself, why now? Why wait until I'm 31 years old to take a trip outside of the United States or Canada? If y...

19 Juni 201924min

The Modern Man | Creating Space (Live Recording Event)

The Modern Man | Creating Space (Live Recording Event)

If you truly want to see the power of men coming together and creating something special, just take some time to acknowledge what went down June 2nd, 2019 in Greenville, SC at The Huguenot Loft by The...

12 Juni 20191h 33min

If You Build It… | Nick Gilley

If You Build It… | Nick Gilley

What would you do if the life you've grown accustom to were suddenly taken away? Would you spiral into a pool of self-pity or would you jump right into grind mode and work your way back up? Being succ...

5 Juni 201938min

The Modern Man: Raising Your Standards

The Modern Man: Raising Your Standards

Standards are everything… They're your bottom line, your values and the things you set your intentions on. The level at which you keep your standards is the level at which you will enjoy life… Period....

29 Maj 201957min

That Door | Danny & Jennifer of Cocobowlz

That Door | Danny & Jennifer of Cocobowlz

Here is the question I want you to think about while listening to this episode of "No Rain… No Rainbows." "What am I waiting for?" We often spend too much time measuring, planning and thinking of all ...

22 Maj 201933min

Show Me The Data | Vikash Patel

Show Me The Data | Vikash Patel

A lot of us have great ideas… As a matter of fact, they say million dollar ideas are a dime a dozen. However, very few people take the next step and actually work on making the idea a reality. Excuses...

15 Maj 201925min

Populärt inom Utbildning

historiepodden-se
rss-bara-en-till-om-missbruk-medberoende-2
det-skaver
harrisons-dramatiska-historia
nu-blir-det-historia
roda-vita-rosen
not-fanny-anymore
alska-oss
johannes-hansen-podcast
sektledare
sa-in-i-sjalen
rss-max-tant-med-max-villman
allt-du-velat-veta
rss-viktmedicinpodden
rikatillsammans-om-privatekonomi-rikedom-i-livet
rss-foraldramotet-bring-lagercrantz
i-vantan-pa-katastrofen
rss-sjalsligt-avkladd
rss-basta-livet
sex-pa-riktigt-med-marika-smith