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Rudy Mawer

πŸ‘€ Speaker
11871 total appearances
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Podcast Appearances

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

So that's another big thing with buying, is always make the ask.

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

MARK BLYTHER- Well, the funny thing about business, I always say, too, if a business is listed for sale, there's normally a problem, right?

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

And like, yeah, sometimes the owner's just bored, sure.

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

But most of the time, if it's printing crazy money and easy, they ain't sell it, right?

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

Or if they know something about the economy or a license or a new law that's about to come in or a competitor,

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

So you've got to be careful with the business as well.

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

MARK BLYTHER- Good.

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

Well, we could talk for hours about this.

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

I do love this stuff.

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

I used to do a lot more on it.

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

But if people want to learn more, this is obviously a very complex and important subject.

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

And it's so great that you understand this so well as from a legal standpoint, but also the entrepreneur, because it's hard to find that balance, right?

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

And I'm sure that's why you do well, because most attorneys don't have their entrepreneurial side.

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

So where do people find you if they want to learn more, hire you, maybe you consult with

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

And also, I would say, if you're ever thinking of selling, don't be afraid to hire someone like yourself.

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

Because what people are like, oh, they're going to take a percent or whatever.

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

I'm like, if they add a multiple, you're going to sell for 5 mil, right, or whatever, or 5x, and you get 6x, that could add millions of dollars.

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

So don't be afraid to give someone a couple of hundred grand to help you do that.

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

I understand.

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

Absolutely.