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Think Like A Buyer

New Mindset = New Results

What does it mean to have an Exit Mindset?

It means building up your business so that if or when you choose to sell it, you gain the highest assessment for it. For many business owners who have this goal in mind, they are extremely disappointed when the valuation of their company ends up being a fraction of what they anticipated. The solution? Keeping this goal in mind as you’re creating and building your company, rather than only when you’re looking to part with it.

3 Principles to Achieve an Exit Mindset

In the book, Exit Mindset, business owners will learn how to change their mindset to get new results for their businesses.

You will go on a journey with the author, Rem Oculee (founder and CEO of Confidence Wealth Management) gives you a look at the 3 principles that will help you think like a buyer to gain more profit, more time and a higher company valuation

You need to focus on these 3 Principles:

  • Product
  • Infrastructure
  • Conversation

Back to the Basics

To illustrate the importance of these simple business concepts, you can relate your business creation and valuation process to hockey. After distilling down the sport, your essential equipment pieces are a puck and a stick. But if you only occasionally practice with them, you’ll never become a pro athlete. You have to dedicate time and effort to improve, and not simply assume you’ll be playing in front of stadiums of people after a couple of weeks. It takes work, but once you’ve mastered these skills, nothing can stop you. It’s the same with increasing the value of your business. With the principles you will learn about in the Exit Mindset book, you’ll know exactly what skills you need and how to polish them.

With continuous application of these 3 principles, you’ll be able to exponentially increase your business’s valuation, whether you’re planning on selling it, or simply improving your profits, structure, and work-life balance.

It’s not easy, but it’s worth it!

Of course, it will take a lot of work to make the progress you need. You will have to take in the information and apply it to your own business. See what works, what doesn’t, and create a feedback loop for yourself so you’re constantly learning and adapting. The best results of this methodology come when you are willing to put in the effort. Learn from the years Rem already spent clawing his way through the trenches of business ownership, development, and valuation, and earn what all of your effort is really worth.

Action is everything, if you don’t use it you will lose it. The systems that you and your business need are ready. Are you?

We want to help as many business owners as possible. If you know anyone who could benefit from the information in this podcast, please feel free to share with them. 

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