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I'm joined by entrepreneur, bestselling author, and financial literacy advocate Sharon Lechter. She is the co-author of Rich Dad Poor Dad, and the founder and CEO of Pay Your Family First, a financial education organization. Sharon has always been a huge inspiration for me and it was an honor to be able to ask her about her career and perspective on building wealth. We dive into how hard work, focus, and discipline really play into the success of not only your business, but also your financial legacy. She shares her speed-to-market strategy and highlights the importance of having the right mentor by your side. Plus, Sharon reflects on how to handle economic slowdowns and use them as an opportunity to flourish.    IN THIS EPISODE, WE TALK ABOUT: Instilling the values of financial freedom into your children from a young age  How the dynamics of the economic structure have changed since Rich Dad Poor Dad was published   Moments in Sharon's entrepreneurial journey where she had to pivot  Getting to the root cause of a scarcity mindset  How to understand what's happening in the economy without allowing yourself to be paralyzed by fear The distinction between building a business and building a job  How to start buying, building, and creating assets, regardless of what stage of life you're in    RESOURCES:  Order your copy of Exit Rich: The 6 P Method to Sell Your Business for Huge Profit  Sign up to receive Sharon's daily positive messages: atm.sharonlechter.com   Buy your copy of my book Wealth Habits at wealthhabitsbook.com and become a part of my exclusive book launch team! Learn more from me and proven business experts by signing up for one of my many online courses.   CONNECT WITH SHARON Follow Sharon on Instagram: @sharonlechter Learn more on Sharon's website: sharonlechter.com    CONNECT WITH CANDY Follow me: @candyvalentino Join Founders Organization  

Competition is a reality of the business world. Thriving in business and standing out from any competition requires a clear strategy to build a successful and innovative business.  Establishing a strong foundation for your business will enable it to withstand any uncertainties or unforeseen circumstances.One of the biggest mistakes that many business owners make is not having a strategy to sell their business. Therefore, when they are ready to retire or transition for other reasons, their business will either sell for less than it's worth or close down. When owners wait until they are ready to sell to begin building a sellable business, it is often too late to capitalize on their investment of time and resources.  In this episode, I am joined by Michelle Seiler-Tucker, founder, and CEO of  Seiler Tucker Incorporated. She is the best-selling author of Sell Your Business for more than It's Worth and her latest book is Exit Rich: The 6 P Method to Sell Your Business for Huge Profit, a Wall Street Journal, and USA Today best seller. She has more than 20 years of expertise in business mergers, acquisitions, and sales, making her an expert on the topic of Selling Your Business.Michelle shares with us how to make the most of your exit by planning it from the beginning, using her GPS Exit Model. Along with the largest profit mistakes that business owners make, she also talks about the 6 Ps that will help entrepreneurs develop a sustainable, scalable, and sellable business.Nothing lasts forever, therefore planning for your retirement or business exit is something you should keep in mind from the very beginning. One of the foundations of your business should be a plan to sell it because doing so will enable you to grow and scale it, and, whenever you decide to exit, sell it for the maximum value. Listen in to this episode to learn how you too can “exit rich".Thriving Points:It's really important to build a business, not a job. -Michelle TuckerYou don't build a business. You build people who build your business. -Michelle Tucker If you're going to be in a business and you're an entrepreneur, you always gotta keep thinking, How do I innovate? How do I stay ahead of the game? You gotta be preemptive.  Ask yourself, What's coming next? -Michelle TuckerYou can't ever stop. You're either growing or dying. There's no in-between. And when you stop,  then that's when everything will stop. -Michelle TuckerWhen your business is doing great is when you should sell it. -Michelle TuckerAbout the Show:     Women Thriving in Business features candid unscripted conversations with entrepreneurs, business experts, authors, and academics aimed at contributing to business success. This weekly show provides interviews with business leaders who have built, grown, and are thriving in business. Nikki A. Rogers, host of the show, also discusses achievements, lessons learned, and advice for aspiring business owners to develop the mindset, strategies, and connections necessary to thrive in business. Whether you are just starting or you have been in business for decades, WTiB offers inspiration, strategies, and resources to help you THRIVE in business.Connect with Nikki:LinkedInInstagramYoutube

“Get yourself out of the ‘job' mentality. Get yourself out of thinking that your business is your baby… see your business as the asset that it is.”- Michelle Seiler TuckerWhether or not you're planning to sell your business in the near future, it's important to consider your exit strategy as you grow and scale — and in this episode, you'll hear from one of the world's top Merger & Acquisition experts!Michelle Seiler Tucker is the founder and CEO of Seiler Tucker Incorporated and the bestselling author of Exit Rich™: The 6-P™ Method To Sell Your Business For Huge Profit. A leading expert on buying, selling, fixing, and growing businesses, she helps her clients maximize their exits so that they can thrive in their next chapters. In this episode, Michelle shares the strategies, insights, and powerful mindset shifts that have helped her build her multimillion dollar business. In‌ ‌this‌ ‌episode ‌you'll discover:‌ ‌Michelle's #1 tip for entrepreneurs and business ownersThe challenges that Michelle has faced and what they've taught herHow the law of attraction has helped her to grow and scale her business  About Guest: Michelle Seiler Tucker is the founder and CEO of Seiler Tucker Incorporated. As a 20-year industry veteran, she is regarded as a leading authority on buying, selling, fixing, and growing businesses. She is an international keynote speaker, the best-selling author of Exit Rich, and the host of the Exit Rich podcast.  Highlights:‌ ‌00:01  Introduction02:24  Meet Michelle Seiler Tucker06:25  Writing a book09:21  The law of attraction11:12  Biggest challenges13:07  Where Michelle got her grit15:17  Multimillion dollar dreams18:15  Why do we tolerate low quality of life?20:34  Changing habits21:41  What she knows now23:41  Exit RichLinks:‌Michelle Seiler Tuckerhttps://seilertucker.comhttps://seilertuckeracademy.comhttps://www.linkedin.com/in/michelleseilerhttps://www.facebook.com/michelletuckerinternationalTwitter: @MSeilerTuckerInstagram: @michelleseilertuckerTo work with me visit:https://shelaghcummins.comStay ConnectedLike what you're hearing? Click here to subscribe in iTunes for more episodes with great tips and conversations with women that are revolutionizing the way we do business - don't miss it!Join the Road To Seven Facebook group to meet other like-minded entrepreneurs who want to band together and help each other rise up.I would be grateful if you left a review on iTunes so that others can find and boost their business too! Just click here to review, select “Ratings and Reviews” and “Write a Review” I'd also love to hear what your favourite part of this episode is in the comments below. Thank you!Follow me!Instagram: @shelaghcumminsTwitter: @shelaghcumminshttps://facebook.com/ShelaghCumminshttps://linkedin.com/in/shelaghcummins

What business are you in? What do you do better than everyone else? What business should you be in? These three questions are key for anyone who wants to build and grow a business that's actually sellable and attractive to buyers. Tune in to discover: What makes a business extremely valuable to buyers Valuation gaps – what they are and why they exist The main reasons so many businesses aren't sellable What is means to say you should work ON your business, not IN it The importance of having an exit plan from the beginning Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Inc., she's sold hundreds of businesses to date, and is the author of Exit Rich: The 6 P Method to Sell Your Business for Huge Profit. She discusses each of these ‘Ps' in detail: people, product, process, proprietary, patrons, and profit. Dive deeper into these and other topics with a copy of Exit Rich: The 6 P Method to Sell Your Business for Huge Profit. Packed with invaluable information for current and aspiring business owners, this episode isn't one to miss - press play.

Exit Rich: The 6 P Method to Sell Your Business for Huge Profit by Michelle Seiler Tucker Seilertucker.com Wallstreet Journal Bestseller & USA Today Bestseller 2022 IBPA Benjamin Franklin Award Silver Medalist in Business & Career Too many entrepreneurs push off planning for the sale of their business until the last moment. But for a business to sell for what it's really worth―or even more―owners need to prepare for the sale from the very start. In Exit Rich, author and mergers and acquisitions authority Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and author of Rich Dad Poor Dad, to create a must-have guide for all business owners―whether they're gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future. Seiler Tucker's twofold approach to selling your business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the “ST GPS Exit Model” to help business owners set goals for the sale before their business hit the market, and the “6 P Method” to help them objectively evaluate their business's worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself. Throughout the book, Sharon Lechter's wisdom peppers each chapter in the “Mentoring Corner” section, providing forward-thinking entrepreneurs with the perspective that they need to take control of their business's future and exit rich. This book is a rich resource for any business owner looking to: • Objectively evaluate their business before a sale • Improve their chances of finding the right buyer • Sell their business for maximum profit

An exit strategy is a key aspect in a business owner's journey. However, the majority of business owners do not consider their exit strategy until it is too late. On today's episode of Grow Money Business, our guest is Michelle Seiler Tucker, a mergers and acquisitions specialist. She has over two decades of experience in the industry, and in that time, has assisted in selling over 500 businesses. Michelle not only aids business owners in the sale of their companies but also helps entrepreneurs and investors in acquiring businesses. Throughout the episode, Michelle imparts some of her wisdom she has accumulated over the years on growing and selling businesses. [02:34] Introduction – Michelle introduces herself and discusses her career. [07:18] Exiting a Business – Michelle shares key points and considerations when exiting a business. [19:34] EBIT – Michelle explains why technology trades on multiple sales rather than EBIT. [20:51] Additional Key Points - Michelle continues to provide her perspectives on a number of crucial elements that influence the sale of a business. [31:48] Databases - Michelle describes the challenges and concerns regarding databases. [34:08] Exit Rich – Michelle presents an overview of why she wrote her book, what it is about, and its target demographic. [37:20] Interest Rates – Michelle shares her views on how interest rates affect the market for business acquisitions and sales. [43:11] Biggest Mistakes – Michelle covers several of the most common errors she sees sellers make throughout the process. [45:01] Confidentiality – Michelle emphasizes the importance of maintaining confidentiality when selling your business. [50:19] Private Equity – Michelle outlines when it makes sense to start a private equity firm. [56:15] Network of The Professional – Michelle describes the value of a professional network and how that impacts locating future opportunities. [56:55] More on Mistakes – Michelle shares more insight on common mistakes people make when selling their business.   Resources: Connect with Michelle: Website: seilertucker.com/ LinkedIn: linkedin.com/in/michelleseiler/   Mentioned in the episode: Exit Rich – Website: exitrichbook.com/ Exit Rich: The 6 P Method to Sell Your Business for Huge Profit: amazon.com/Exit-Rich-Method-Business-Profit/dp/1732510288 The One Thing: The Surprisingly Simple Truth Behind Extraordinary Results: goodreads.com/book/show/16256798-the-one-thing?from_search=true&from_srp=true&qid=DLnL9TNUJe&rank=1 Behavioral Economics With Professor John Howe: growmoneybusiness.com/podcast/j3btlxn8z2ed5rk-5yafn-a3bk7-nlw7f-4yd36-3xz8x-esp9s-mjjal-36m55-tmdaw-g9edn-mdj2k-jfl5m-f9mrf-zy743-sy532

How to Exit RichA formidable force in her industry, Michelle closes 98% of all offers she writes and, on average, obtains a 20 to 40% higher selling price for her clients. Her remarkable track record proves her persistence and dedication to creating win-win situations for both her buyers and sellers. Michelle is also the bestselling author of Think & Grow Rich Today and Sell Your Business for More Than it's Worth, has appeared in Forbes, Inc., CNBC, and Fox Business and even started her own podcast called Exit Rich. She has also been a “celebrity judge” on “Pitch Tank” alongside Steve Forbes and Whole Foods CEO John Mackey. She lives in New Orleans.Michelle Seiler Tucker is the author of EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit and the Founder and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses. She is a leading authority on buying, selling, and improving businesses, as well as increasing business revenue streams. She often posts about these topics on the company's business Blog.Acquiring Businesses, Businesses, Investing In Businesses, Selling Businessesmerger, Marketing, Brokerage, Author, MotherMichelleSeiler Tuckermarketing@seilertucker.com+15045251717

Michelle Seiler Tucker and Sharon Lechter, authors of EXIT RICH share how to build sustainable, scalable and when you are ready- sellable business and everything they learned along the way. Michelle is the Founder and CEO of Seiler Tucker Incorporated, an M&A firm that has sold over a thousand businesses. Sharon is the CEO of Pay Your Family First and she co-authored the international bestseller Rich Dad Poor Dad. Steve Forbes calls EXIT RICH a "goldmine for entrepreneurs." Sharon Lechter is an entrepreneur, author, philanthropist, international speaker, and Chartered Global Management Accountant. With a 35 year career as a licensed CPA and a life-long education advocate, she is the founder and CEO of Pay Your Family First, a financial education organization. Regarded as a global expert on financial literacy, Sharon has served as a national spokeswoman and Presidential Adviser on the topic for two US Presidents. Sharon co-authored the international bestseller Rich Dad Poor Dad and has released 14 other books in the Rich Dad series. Over 10 years as co-Founder and CEO, she led the Rich Dad Company and brand into an international powerhouse. Michelle Seiler Tucker is the author of EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit and the Founder and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses. She is a leading authority on buying, selling, and improving businesses, as well as increasing business revenue streams. She often posts about these topics on the company's business blog. A formidable force in her industry, Michelle closes 98% of all offers she writes and, on average, obtains a 20 to 40% higher selling price for her clients. Her remarkable track record proves her persistence and dedication to creating win-win situations for both her buyers and sellers. Michelle is also the bestselling author of Think & Grow Rich Today and Sell Your Business for More Than it's Worth, has appeared in Forbes, Inc., CNBC, and Fox Business and even started her own podcast called Exit Rich. She has also been a “celebrity judge” on “Pitch Tank” alongside Steve Forbes and Whole Foods CEO John Mackey. She lives in New Orleans. --- Support this podcast: https://anchor.fm/steve-richards/support

Sharon Lechter is an entrepreneur, author, philanthropist, international speaker, and Chartered Global Management Accountant. With a 35 year career as a licensed CPA and a life-long education advocate, she is the founder and CEO of Pay Your Family First, a financial education organization. Regarded as a global expert on financial literacy, Sharon has served as a national spokeswoman and Presidential Adviser on the topic for two US Presidents.Sharon co-authored the international bestseller Rich Dad Poor Dad and has released 14 other books in the Rich Dad series. Over 10 years as co-Founder and CEO, she led the Rich Dad Company and brand into an international powerhouse.Michelle Seiler Tucker is the author of EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit and the Founder and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses. She is a leading authority on buying, selling, and improving businesses, as well as increasing business revenue streams. She often posts about these topics on the company's business blog.A formidable force in her industry, Michelle closes 98% of all offers she writes and, on average, obtains a 20 to 40% higher selling price for her clients. Her remarkable track record proves her persistence and dedication to creating win-win situations for both her buyers and sellers. Michelle is also the bestselling author of Think & Grow Rich Today and Sell Your Business for More Than it's Worth, has appeared in Forbes, Inc., CNBC, and Fox Business and even started her own podcast called Exit Rich. She has also been a “celebrity judge” on “Pitch Tank” alongside Steve Forbes and Whole Foods CEO John Mackey. She lives in New Orleans.Connect with Michelle & Sharon & Buy Their New Book: Instagram - https://www.instagram.com/sharonlechter/https://www.instagram.com/michelleseilertucker/Facebook - https://www.facebook.com/AuthorSharonLechter/https://www.facebook.com/michelletuckerinternational/Twitter - https://twitter.com/sharonlechterhttps://twitter.com/MSeilerTuckerWebsite - https://sharonlechter.com/ https://seilertucker.com/sell-a-business/about-michelle/ New Book: https://exitrichbook.com/ Follow The Story Box on Social MediaINSTAGRAM ► - https://www.instagram.com/thestoryboxpodcast/ TWITTER ► - https://twitter.com/jay_fantom FACEBOOK ► - https://www.facebook.com/thestoryboxpodcast WEBSITE ► - https://thestoryboxpodcast.com/SUBSCRIBE FOR MORE! Apple Podcast ► - https://podcasts.apple.com/au/podcast/the-story-box/id1486295252 Spotify ► - https://open.spotify.com/show/7h8Qv3r2ZV29f7ktJOwmgM?si=FXxYC1JFSHesBv7_d1WtNQ WATCH HERE:YouTube ► - https://www.youtube.com/c/TheStoryBox If you enjoyed this episode please subscribe to YouTube & Apple Podcasts, and leave a 5-star positive rating and review over on Apple Podcasts. Share it around with your friends and family.Support this show http://supporter.acast.com/thestorybox. See acast.com/privacy for privacy and opt-out information.

Want ULTIMATE Freedom in your business? What if you built it and then were able to exit rich? Kimberly chats with Michelle Seiler-Tucker, who has supported numerous entrepreneurs to fix up, grow, and sell their businesses, allowing them to exit rich. @crownyourselfnow In this episode, you will learn… How do you set your business up to exit rich? (4:45) What is AIM? (6:30) Why do you need to plan your exit in the beginning? (7:30) Why do you need to know who your buyers will be? (10:00) What is the importance of knowing your Why? (11:30) How does innovation in your strategy help you reach your destination? (12:00) Why do you need to shift your mindset from your business being your baby to it being your asset? (14:00) What are the 6Ps? (16:40) What questions should you ask to check if your business needs to pivot? (20:00) How do you shift your mindset to what industry you're actually in? (24:30) What are the biggest profit mistakes that you may be making? (28:30) Why does your business need a simple structure built on 6Ps? (40:00) **BIO:** Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. She holds the M&AMI (Mergers & Acquisitions Master Intermediary) title, as well as Certified Mergers and Acquisitions Professional (CM&AP) and Certified Senior Business Analyst (CSBA). Michelle also owns many other businesses in several different industries. As a 20-year veteran in the M&A industry, she is regarded as the leading authority on buying, selling, fixing, and growing businesses. Her and her firm have sold over a thousand businesses in almost every vertical and have a remarkable track record of success. **WEBSITE** https://seilertucker.com/ **SOCIAL MEDIA LINKS** FACEBOOK: https://www.facebook.com/michelletuckerinternational/ INSTAGRAM: https://www.instagram.com/michelleseilertucker/ TWITTER: https://twitter.com/MSeilerTucker LINKED IN: https://www.linkedin.com/in/michelleseiler/ YOUTUBE: https://www.youtube.com/channel/UCLPWqoz-CaFrBdMWrDyN-5g APPLE PODCASTS: https://podcasts.apple.com/us/podcast/exit-rich/id1517139025 **FREEBIE / OFFER** Get the PRE-ORDER special of the book "Exit Rich: The 6 P Method® to Sell Your Business for Huge Profit" https://exitrichbook.com/ Thank you so much for tuning in! Please leave a review on iTunes here so we can keep the magic coming your way. Looking to improve your health + train your breath with Pilates? Become a Mindful Monarch and get monthly Pilates lessons and a coach + community to support your mind-body and body-mind connection: https://crownyourself.com/mindful-monarchs-membership And, one of the best ways to reprogram your subconscious mind is through hypnosis. Download my FREE 5-minute “You Are Worthy” hypnosis. GET YOUR FREE GIFT! For a 90-Minute 1:1 Consult https://crownyourself.com/private-coaching Rule Your Body Book https://crownyourself.securechkout.com/rule-your-body-book For more biz inspo + mindset tools, follow us on Instagram: @crownyourself.now Follow my own mompreneur journey to #CrownYourself on Instagram: @kimberly.spencer Join the Facebook Group: "Crown Yourself Coaching" For more mindset, motivation, actionable strategies, and business-building tips, check out: crownyourself.com

Want ULTIMATE Freedom in your business? What if you built it and then were able to exit rich? Kimberly chats with Michelle Seiler-Tucker, who has supported numerous entrepreneurs to fix up, grow, and sell their businesses, allowing them to exit rich. @crownyourselfnow In this episode, you will learn… How do you set your business up to exit rich? (4:45) What is AIM? (6:30) Why do you need to plan your exit in the beginning? (7:30) Why do you need to know who your buyers will be? (10:00) What is the importance of knowing your Why? (11:30) How does innovation in your strategy help you reach your destination? (12:00) Why do you need to shift your mindset from your business being your baby to it being your asset? (14:00) What are the 6Ps? (16:40) What questions should you ask to check if your business needs to pivot? (20:00) How do you shift your mindset to what industry you're actually in? (24:30) What are the biggest profit mistakes that you may be making? (28:30) Why does your business need a simple structure built on 6Ps? (40:00) **BIO:** Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. She holds the M&AMI (Mergers & Acquisitions Master Intermediary) title, as well as Certified Mergers and Acquisitions Professional (CM&AP) and Certified Senior Business Analyst (CSBA). Michelle also owns many other businesses in several different industries. As a 20-year veteran in the M&A industry, she is regarded as the leading authority on buying, selling, fixing, and growing businesses. Her and her firm have sold over a thousand businesses in almost every vertical and have a remarkable track record of success.  **WEBSITE** https://seilertucker.com/ **SOCIAL MEDIA LINKS** FACEBOOK: https://www.facebook.com/michelletuckerinternational/ INSTAGRAM: https://www.instagram.com/michelleseilertucker/ TWITTER:  https://twitter.com/MSeilerTucker LINKED IN: https://www.linkedin.com/in/michelleseiler/ YOUTUBE: https://www.youtube.com/channel/UCLPWqoz-CaFrBdMWrDyN-5g APPLE PODCASTS: https://podcasts.apple.com/us/podcast/exit-rich/id1517139025 **FREEBIE / OFFER** Get the PRE-ORDER special of the book "Exit Rich: The 6 P Method® to Sell Your Business for Huge Profit" https://exitrichbook.com/   Thank you so much for tuning in! Please leave a review on iTunes here so we can keep the magic coming your way. Looking to improve your health + train your breath with Pilates? Become a Mindful Monarch and get monthly Pilates lessons and a coach + community to support your mind-body and body-mind connection: https://crownyourself.com/mindful-monarchs-membership And, one of the best ways to reprogram your subconscious mind is through hypnosis. Download my FREE 5-minute “You Are Worthy” hypnosis. GET YOUR FREE GIFT! For a 90-Minute 1:1 Consult  https://crownyourself.com/private-coaching Rule Your Body Book https://crownyourself.securechkout.com/rule-your-body-book For more biz inspo + mindset tools, follow us on Instagram: @crownyourselfnow Follow my own mompreneur journey to #CrownYourself on Instagram: @kimberly.spencer Join the Facebook Group: "Crown Yourself Coaching" For more mindset, motivation, actionable strategies, and business-building tips, check out: crownyourself.com

Jon talks with Michelle Seiler Tucker, author of EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit, about how to grow and sell your business! Michelle Seiler Tucker is the author of EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit and the Founder and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses. She is a leading authority on buying, selling, and improving businesses, as well as increasing business revenue streams. A formidable force in her industry, Michelle closes 98% of all offers she writes and, on average, obtains a 20 to 40% higher selling price for her clients. Her remarkable track record proves her persistence and dedication to creating win-win situations for both her buyers and sellers. She has appeared in Forbes, Inc., CNBC, and Fox Business (starts at 8:35 minutes). She has also been a “celebrity judge” on “Pitch Tank” alongside Steve Forbes and Whole Foods CEO John Mackey. She lives in New Orleans.   Connect with Jon Dwoskin: Twitter: @jdwoskin Facebook: https://www.facebook.com/jonathan.dwoskin Instagram: https://www.instagram.com/thejondwoskinexperience/ Website: https://jondwoskin.com/LinkedIn: https://www.linkedin.com/in/jondwoskin/ Email: jon@jondwoskin.com Get Jon's Book: The Think Big Movement: Grow your business big. Very Big!   Connect with Michelle Seiler Tucker: Book – Exit Rich: https://exitrichbook.com/

The journey of financial freedom is not an easy one, but it starts with having the confidence to take action. In this episode, Vera McCoy, Esq. is joined by Sharon Lechter, serial entrepreneur and founder/CEO of Pay Your Family First, a financial education organization focused on empowering families to build a wealthier future. She is a bestselling author of multiple financial books. Her latest project, Exit Rich: The 6 P Method to Sell Your Business for Huge Profit, helps business owners build value and truly own a sustainable, scalable, and saleable business. Tune in and gain valuable insight on how you can become the authority of your financial stability and achieve financial freedom straight from an expert.

Sharon Lechter, entrepreneur, international speaker, best-selling author, presents her latest book, "Exit Rich - The 6 "P" Method to Sell Your Business for a Huge Profit.

In this episode, I speak with Michelle Seiler Tucker, author of, “EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit,” and Founder and CEO of Seiler Tucker Inc. whose wakeup call was seeing how few small businesses succeed or are sold at a reasonable price for their founders and wanting to fix that. https://seilertucker.com/Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast

In this episode I speak with Michelle Seiler Tucker, author of, "EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit," and Founder and CEO of Seiler Tucker Inc. whose wakeup call was seeing how few small businesses succeed or are sold at a reasonable price for their founders and wanting to fix that. https://seilertucker.com/

If you're hoping to sell your business, we have some bad news: According to Steve Forbes, 8 out of 10 businesses will never sell. In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Michelle Seiler Tucker, an expert in the business of selling businesses. Seiler Tucker is a business broker with over 20 years of experience and over a thousand businesses bought and sold. She is also a two-time #1 best-selling author, speaker, TV and radio host, and the co-author of the book Exit Rich: The 6 P Method to Sell Your Business For Huge Profit. Tune into to learn how you can fix and grow your business for a better outcome when selling.In this episode, you will learn:The best time to sell a business.The five types of business buyers.The importance of a business valuation.How your industry plays a role in selling your business.How to find buyers for your business.And more!This is the first installment of a three-part series for business owners. When the remainder of the episodes are released, we will link to them here.Resources:Exit Rich (2021) | Exit Rich Podcast | Seilertucker.com | | Bautis Financial: (862) 205-5000

If you've worked hard to build your business and even endured some failures before you created something that's profitable, chances are that selling up is the last thing on your mind.   But according to Michelle Seiler Tucker, it should be the first thing on your to-do list.   OK, so maybe you don't want to sell next week or next month, But making sure that you can sell your business when you want—and not when you're desperate—is Michelle's key message.  Michelle works with businesses and entrepreneurs to buy or sell businesses. A veteran in the mergers and acquisitions industry, Michelle is the author of three books, including Exit Rich: The 6 P Method To Sell Your Business For Huge Profit, releasing June 22 this year.  Sell Your Business On Your Terms When You Want To  Michelle told Published Author podcast host Josh Steimle that a business is its owner's most valuable asset.   “Like Stephen Covey says, start with the end in mind, and plan your exit strategy from day one. Because the biggest issue is that business owners will all of a sudden come to me and say: ‘Oh, I have to sell'. The sudden sale is usually prompted by an unexpected life event, some kind of catastrophe, either internal, such as a divorce or health issue, or external, such as a pandemic.  “At that point, it's the worst time to sell. Their business isn't worth anything,” comments Michelle.  Writing Books To Educate And To Generate Leads  Michelle wrote Sell Your Business For More Than It's Worth in 2013 to educate and develop leads.   She says: “I really wanted to educate the marketplace because so many business owners don't know what a business broker is, or what an M&A advisor is. Many business owners hired a real estate agent to sell their business, which makes no sense. And a lot of owners attempt it on their own, and they're not successful.”  She wrote her first book to educate business owners that a business is their most valuable possession, their valuable asset, and that they need to hire an expert to sell it for them.  Because a lot of sellers and buyers want to keep a sale and all the accompanying details confidential, Michelle's own business was confidential, and so she needed some exposure.  Even though she made a few mistakes with her book in terms of hiring the wrong people to help her publish, the book was a huge success. Michelle says: “That book got me in Inc twice. It generated so many leads for me than anything else I was doing. And I self-published.”  Building a Business That Is Valuable  Michelle's latest book, Exit Rich: The 6 P Method To Sell Your Business For Huge Profit, came about because a shocking 80 % of businesses will never sell, and this is because so many business owners don't build a business that somebody actually wants to buy.   Therefore, the first half of Exit Rich is all about building a sustainable, scalable business so the owner has a sellable asset. The second half is selling the business.  The Six Ps Create a Business Infrastructure  Michelle has developed the six Ps that create value in a business. By nurturing and growing each one, an entrepreneur creates a sound business infrastructure and a business with value.   People - You don't build a business, you build people and people build the business  The first P is People. Michelle says that the biggest reason that businesses don't sell is because business owners have created a glorified job where they go to work every day versus a business that works for them.   “Owners have a habit of working in the business, not on the business. So we work with owners to hire for their weaknesses, focus on their strengths, and we help them identify what their strengths are, because so many business owners don't know what their strengths are,” explains Michelle.  She encourages businesses to hire their weaknesses, put the right people in the right seats and ask the ‘Who' question. In other words, who opens the door, who handles customer service, marketing, legal accounting, manufacturing, logistics, environmental, the list goes on and on. You need the business to run without you. You don't build a business, you build people and people build the business.  Product - Innovation Is The Key To Success  Michelle says that about 70% of businesses eventually go out of business after being in business for 10 years. The number one reason for that is because of lack of aim - business owners stop innovating and stop marketing.   “Innovation is key to success,” she explains. “If you look at Toys R Us, it did nothing different for 75 years. Blockbuster saw Netflix and didn't do anything.”  Why don't businesses innovate? Michelle says that a lot of business owners are married to their ideas and don't focus on innovation. They want to keep doing things the way they've always done.   Says Michelle: “You're either growing or dying. You have to ask yourself ‘Is my product, my industry, my service on the way up on the way out?'.”  Processes - Design Processes Around Your Customer, Not Your Business  Another reason why businesses don't sell is because all the data is in the owner's head. Michelle recently had a woman call her after her husband died of a heart attack and left his widow with a mountain of debt. He had no people in his business, no employees, onlyhad subcontractors. All the business data was in his head. When he died, the business died.   Explains Michelle: “Most owners get this wrong. You need to design the processes around the customer experience, not around your own agenda. Ask yourself:  What do my clients want? Go and ask them. What do you need? How can I make it easier for you to do business with us?  What processes make things easier for customers to do business with you? Proprietary - The Number One Value Driver  The fourth P is proprietary—the highest value driver for a business. Businesses that have less than a million dollars in earnings before interest, taxes, depreciation, and amortization (EBITDA) typically trade out up to three and a half times EBITDA. There are more buyers for businesses with more than $1 million dollars in EBITDA.   “Proprietary is the number one value driver,” says Michelle. “Proprietary can take you from a six, to eight, or a ten in terms of value.”  Patrons - Your Customers  The fifth P is patrons, your customer base. Most businesses in the U.S. follow the 80/20 rule, where 80% of revenue comes from 20% of clients. Don't take risks and have all your revenue tied up with one client.  Profit - Lack Of Profits Is Never a Problem  “The reason I put profits last is because lack of profits is never the problem” explains Michelle. “Everybody thinks lack of profits is a problem. I have clients that come to me all the time who have a process problem.   “But if you're operating on all five cylinders, you're going to be profitable.”  Learn more: If you got a lot from this episode, listen to:  Entrepreneur Writes Startup Guide After Hearing Crazy Startup Ideas, Financial Confusion  And:  Entrepreneur Sarah Frey's Growing Season: From Rural Poverty To Billion-Dollar Business  LINKS LinkedIn Twitter Facebook SeilerTucker.com Exitrichbook.com SUBSCRIBE TO THE PUBLISHED AUTHOR PODCAST  If you enjoyed this episode, don't forget to subscribe on Apple Podcasts, Spotify, Google Podcasts, or anywhere else you listen to podcasts. You can also watch episodes of the podcast on YouTube.  And if you want to spread the word, please give us a five-star review (we read every single one!) and share this page with your friends.   We also share valuable snippets from podcast episodes on Instagram, Twitter, LinkedIn, and Facebook.  ABOUT THE HOST  The Published Author Podcast is hosted by Josh Steimle, founder of Published Author. Josh is a book author himself and his article writing has been featured in over two dozen publications including Time, Forbes, Fortune, Mashable, and TechCrunch. He's a TEDx speaker, the founder of the global marketing agency MWI, a skater, father, and husband, and lives on a horse farm in Boston. Learn more at JoshSteimle.com.

In today’s episode of the Process Breakdown Podcast, the author of the book Exit Rich: The 6 P Method to Sell Your Business for Huge Profit, Michelle Seiler Tucker talks about the steps that should be taken when owners of brands/businesses are ready to retire or sell their businesses. Ms. Seiler Tucker and Mr. Corcoran […] The post Ready to Sell? Here is How to Maximize Your Profits appeared first on SweetProcess.

In this podcast, Michelle Seiler Tucker talked about the challenges of business around mergers and acquisitions. She suggested critical ways businesses could position themselves to find aspirational growth and exit at the maximum value by doing certain things right. A great conversation for anyone seeking to deliver more value from their outcome. Introduction: Michelle Seiler Tucker is the author of EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit and the Founder and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses. She is a leading authority on buying, selling, and improving businesses, as well as increasing business revenue streams. A formidable force in her industry, Michelle closes 98% of all offers she writes and, on average, obtains a 20 to 40% higher selling price for her clients. Her remarkable track record proves her persistence and dedication to creating win-win situations for both her buyers and sellers. She has appeared in Forbes, Inc., CNBC, and Fox Business. She has also been a “celebrity judge” on “Pitch Tank” alongside Steve Forbes and Whole Foods CEO John Mackey. She lives in New Orleans. Stage 1: Lead-in 1. Starter: Give your starter pitch 1 point that this book points to: 2. Vishal briefly introduce guest Stage 2: Subject Matter Expertise 3. What is the state of exit today? 4. Why did you chose to invest yourself in researching M&A 5. What does M&A means in the middle of a pandemic? 6. When is the good time to think about Exit? Stage 3: Introduction as an author 7. Explain your journey to your current role? 8. Could you share something about your current role? 9. What does your company do? 10. Explain your journey to this book? 11. Why write this book? Stage 4: Main points on the books 12. Why small business owners and entrepreneurs should be thinking about an exit strategy from day one 13. How to objectively evaluate your business’s worth 14. How and when to sell your business for a maximum profit 15. The biggest mistakes small companies during a downturn that lead to unnecessary business failure 16. Immediate steps for scaling and preparing a business for a profitable exit—even in a recession Stage 5: Closing 17. What are 1-3 best practices that you think are the key to success in your journey? 18. Do you have any favorite read? 19. As a closing remark, what would you like to tell our audience? About TAO.ai[Sponsor]: TAO is building the World's largest and AI-powered Skills Universe and Community powering career development platform empowering some of the World's largest communities/organizations. Learn more at https://TAO.ai About WorkPod: Work Pod takes you on the journey with leaders, experts, academics, authors, and change-makers designing the future of work, workers, and the workplace. About Work2.org WorkPod is managed by Work2.org, a #FutureOfWork community for HR and Organization architects and leaders. Sponsorship / Guest Request should be directed to info@tao.ai Keywords: #FutureofWork #Work2.0 #Work2dot0 #Leadership #Growth #Org2dot0 #Work2 #Org2

If you want to sell your business one day, how do you build it now to maximize what you can sell it for when the time comes? Michelle Seiler Tucker's book, Exit Rich: The 6 P Method to Sell Your Business for Huge Profit (www.ExitRichBook.com), is coming out next month. She's the founder and CEO of Seiler Tucker Incorporated, which has represented over 500 businesses who wanted to sell, with a 98% sale rate (www.SeilerTucker.com). Michelle shares the 6 steps to take to increase your business's sale value, especially if you start thinking about your exit strategy years in advance. Otherwise you end up selling for much less than you thought your beloved business was worth or can't sell at all. Listen to the show on Apple podcasts (https://podcasts.apple.com/us/podcast/win-win-an-entrepreneurial-community/id1465488607), wherever you normally get your podcasts, or listen on the web at http://WinWin.Cast.Rocks.

https://www.alainguillot.com/michelle-seiler-tucker/ Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. Her book is Exit Rich: The 6 P Method to Sell Your Business for Huge Profit. Get the book here: https://amzn.to/3bsCmYs

Too many entrepreneurs push off planning for the sale of their business until the last moment. The main prerequisite a business needs to sell for what it's really worth: owners who being with the end in mind, and prepare for the sale from the very start.We are joined by author, and mergers and acquisitions authority, Michelle Seiler Tucker. Michelle is the author of the new book Exit Rich: The 6 P Method to Sell Your Business for Huge Profit (in partnership with Sharon Lechter, finance expert and author of Rich Dad Poor Dad).Exit Rich seeks to create a must-have guide for all business owners—whether they're gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future.Tune in for this pragmatic conversation at TalkRadio.nyc or watch the Facebook Livestream by clicking here.Show Notes‍Segment 1Steve greets his audience and introduces his topic, nativating the sale of your SMB. He then gives a bio on his guest, Michelle Seiler Tucker. Michelle is the CEO of Seiler Tucker INC and a best-selling author. Her new book is Exit Rich: The 6 Point Method to Sell Your Business for Huge Profit. Here is her website, https://seilertucker.com/. Steve talks about his personal connection and experience with selling an SMB by talking about his first job in college. He then talks about the book “Retire Young, Retire Rich” written by Robert T Kiyosaki and co written by Sharon Lechter. This book talks about how you can “rich quickly and stay rich forever”. Steve quotes the book, “The problem with getting a job is it gets in the way of getting rich”. Steve then introduces Michelle's 6 P's discussed in “Exit Rich”.Segment 2Steve greets Michelle then asks her to describe her “method”. Michelle has been in business for 20 years. She noticed a large increase in the closure of small and medium businesses. Exit Rich focuses on teaching entrepreneurs how to maintain a sustainable business and how to effectively sell their business. She says it is important to have a plan and to consider every possibility while operating your own business. She uses her business GPS model to demonstrate this and encourages business owners to have their businesses evaluated every year. Michelle then goes into depth about her 6 Ps for selling your business.Segment 3Steve and Michelle get into the “madness” portion of the show. Michelle recalls a story about a $30,000,000 business she had to sell. The business owner left his wife for his school sweetheart. He also did not have any worker's compensation insurance and ended up filing for bankruptcy. She ended up selling the $30,000,000 business for $1.2 million in bankruptcy court. Michelle then continues to discuss the rest of the 6P's for selling your business. She talks about how start-ups are lasting longer due to solving problems and adapting. She explains the acronym, AIAM, Always Innovate and Market!. She says, “If you're not innovating, you're dying.”‍Segment 4Steve plugs the next shows that will air on the network. Steve asks Michelle what message people should take away from this show. She says to read “Exit Rich”, and treat your business as “your real business, not your baby”. She then plugs her book. Steve asks Michelle his favorite three questions, her favorite movie or tv character, her favorite movie or tv show, and her favorite instrument and musician who plays it.

My guest today is Michelle Seiler Tucker, the Founder and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses. The topic is her book Exit Rich: The 6 P Method to Sell Your Business for Huge Profit. In this episode of Trend Following Radio we discuss: “Clients buy what they want not what they need.” Real Estate Industry 6 P Methods Buyer and Seller E-commerce Businesses Selling a Business Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

My guest today is Michelle Seiler Tucker, the Founder, and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses.The topic is her book, Exit Rich: The 6 P Method to Sell Your Business for Huge Profit. In this episode of Trend Following Radio, we discuss: “Clients buy what they want not what they need.” Real Estate Industry 6 P Methods Buyer and Seller E-commerce Businesses Selling a Business. Jump in!---I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcasts listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/You can watch a free video here: https://www.trendfollowing.com/video/Can't get enough of this episode? You can choose from my thousand-plus episodes here: https://www.trendfollowing.com/podcastMy social media platforms:Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast

Exit Rich: The 6 P Method to Sell Your Business for Huge Profit by Michelle Seiler Tucker, Sharon Lechter Interview Exitrichbook.com Too many entrepreneurs push off planning for the sale of their business until the last moment. But for a business to sell for what it's really worth — or even more — owners need to prepare for the sale […] The post Chris Voss Podcast – Exit Rich: The 6 P Method to Sell Your Business for Huge Profit by Michelle Seiler Tucker, Sharon Lechter Interview appeared first on Chris Voss Official Website.

Exit Rich: The 6 P Method to Sell Your Business for Huge Profit by Michelle Seiler Tucker, Sharon Lechter Interview Exitrichbook.com Too many entrepreneurs push off planning for the sale of their business until the last moment. But for a business to sell for what it’s really worth — or even more — owners need to prepare for the sale […] The post Startup Unicorn Podcast – Exit Rich: The 6 P Method to Sell Your Business for Huge Profit by Michelle Seiler Tucker, Sharon Lechter Interview appeared first on .

Michelle Seiler Tucker author of "Exit Rich: The 6 P Method to Sell Your Business for Huge Profit" by The Best Business Minds

Author, founder and CEO of Seiler Tucker Show notes: https://www.markgraban.com/mistake20 Joining me for Episode #20 is Michelle Seiler Tucker, founder and CEO of the firm Seiler Tucker. Michelle has sold hundreds of businesses to date and currently owns and operates several successful businesses. Michelle is one of three American women to hold the Merger & Acquisition Master Intermediary (M&AMI) certification. Michelle is the author of the book Sell Your Business For More Than It's Worth and her newest book, due out in January 2021, is Exit Rich: The 6 P Method to Sell Your Business for Huge Profit. In our episode, Michelle shares one of her "favorite mistakes" involved in selling a business and we chat about some of the mistakes made (and lessons learned) by business owners who want to sell their business. --- Support this podcast: https://anchor.fm/favorite-mistake/support

Author, founder and CEO of Seiler Tucker Show notes: https://www.markgraban.com/mistake20 Joining me for Episode #20 is Michelle Seiler Tucker, founder and CEO of the firm Seiler Tucker. Michelle has sold hundreds of businesses to date and currently owns and operates several successful businesses. Michelle is one of three American women to hold the Merger & Acquisition Master Intermediary (M&AMI) certification. Michelle is the author of the book Sell Your Business For More Than It's Worth and her newest book, due out in January 2021, is Exit Rich: The 6 P Method to Sell Your Business for Huge Profit. In our episode, Michelle shares one of her "favorite mistakes" involved in selling a business and we chat about some of the mistakes made (and lessons learned) by business owners who want to sell their business. --- Support this podcast: https://anchor.fm/favorite-mistake/support Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast

Michelle Seiler Tucker is the author of EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit and the Founder and CEO of Seiler Tucker Incorporated. She has sold hundreds of businesses to date and currently owns and operates several successful businesses. She is a leading authority on buying, selling, and improving businesses, as well as increasing business revenue streams.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.