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Rudy Mawer

πŸ‘€ Speaker
11846 total appearances
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Appearances Over Time

Podcast Appearances

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

A lot of entrepreneurs, they get into the business, then they start making money.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

A lot of them don't even ever think about selling the business.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

How do you think about it?

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

When's the right time to think about it?

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

Yeah, yeah.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

I mean, that's a whole other conversation for another day.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

But we bought into 405 businesses with virtually no money.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

We bought part ownership, and we kind of plugged in our systems to them.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

But that's a whole other thing, is growing through mergers and acquisitions.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

Yeah, absolutely.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

And we talked a lot about selling the business.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

But let's just talk about that for 30, 60 seconds, because I used to also think until

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

Years ago, I learned from people much smaller than me and more experienced, it's like, oh, I want to own a $200 million company, I got to grow $200 million in revenue.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

Where it's actually like, no, you can grow $100 million revenue and acquire two businesses, for example.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

Yeah, there's so many.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

And I would say, too, as a lesson, a lot of people want to sell.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

You would never know unless you ask.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

So even an example of this is there's a restaurant on the beach here that I like that I want to buy.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

And I told my assistant, I said, ring, see if they want to sell.

Living The Red Life
The Lawyer Who Turns Businesses Into Exit Machines

She's like, why?