Every entrepreneur dreams of having a multi-million dollar exit and retiring to a beach, but it’s not that simple. A close confidante asked me, “If you had ONE chance to make an "exit", would this be the one? Are you willing to give up the last 5+ years of your life for this acquisition?" I provide my thinking behind our answer, no. If you’re considering selling your company or your dream is to exit with your current company, think through a few practical concepts before romanticizing this "dream" scenario. Learn exactly how and why you would want to sell your business, what the aftermath will look like and source your reasoning deep from within before making a conclusive decision. In this episode I explain and discuss Roll-ups, EBITDA, and multiples are discussed during the sharing of our first offer story. Since then we've had 5 offers but have declined them all. Experience is invaluable inside a unique process like an acquisition. Both sides have to feel like they are winning. I'm going to walk through exactly why we said no and what some red flags were in the process - and how many of them could have been prevented by me and my team even though we didn't intentionally cause any. Be careful of the allure of an acquisition. It's not as glamorous as it sounds. This episode is all about helping you be equipped if you're ever in a similar position. - Listen to New Zen Business episodes every Monday - Available on Spotify, Apple Podcasts, Overcast & More Find me on Instagram @itsjmaxim - where you can view my Business Mindset & Lifestyle Tips. Check Out My Digital Growth Hacking Company, KJgrowth.com or @kjgrowth on IG

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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