#125: 2018 Life After Business Recap & The 5 GEXP Principles

December 26, 2018 00:29:59
#125: 2018 Life After Business Recap & The 5 GEXP Principles
Intentional Growth
#125: 2018 Life After Business Recap & The 5 GEXP Principles
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Hosted By

Ryan Tansom

Show Notes

With 2018 coming to a close and the Life After Business podcast in the middle of it’s second year, I figured it was time for an update on how the podcast has been doing and what my favorite episodes were in light of our 5 Growth and Exit Planning Principles.

Podcast stats and updates as of Dec 2018:

If you are interested in interviewing for one of the 5 individual consulting engagements I am opening up for 2019, you can schedule your interview here using my calendar link – SCHEDULE NOW

The 5 Growth & Exit Planning (GEXP) Principles:

Growth and Exit Planning Collaborative GEXP 5 Principles

Episodes to listen to in each of the 5 GEXP Principles:

1.) Your Vision

2.) Financial Targets

3.) Exit Options

4.) Growth & Value Drivers

5.) Team of Advisors

Other Episodes

Episode

September 16, 2021 01:05:38
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#266: How to Invest in Commercial Real Estate & How it Compares to Owning a Business

My guest today is Mike Sowers. Mike rehabbed, flipped, wholesaled, and rented over a thousand properties in his first decade of investing, He was on the podcast sharing how he sold his residential rehab company for millions of dollars and all the things he learned (before and after the sale). Hegot involved in commercial real estate investing after selling his business and has done over $150 million in real estate transactions. As the CEO and founder of Commercial Investors Group, author of Commercial Real Estate Investing, a step by step guide to finding and funding your first deal and the host of the Creative Commercial Real Estate Podcast, I thought he would be a wonderful guest and could give great insight on his process for investing in real estate. In fact, he has a 7 step process commercial real estate investing and he happily delves into that as well as his comparisons to investing in commercial real estate and viewing your company as a financial asset. Namely, how to view them both and how to grow value. Mike is the real deal. This is not some BS fluffy episode about theories. He has real live stories from things he’s done and that are super actionable. He hands out tips that he has learned from his experience and shares stories about his journey into real estate.   What You Will Learn In Today's Podcast Interview Mike Sowers’ background and real estate journey How to invest in commercial real estate How real estate investment compares to owning your own business The perks of buying real estate The seven steps to successful commercial real estate investment Mike’s tips on how to invest in commercial real estate The perks of real estate partnerships ...

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Episode

March 08, 2017 01:04:47
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From Bankrupt to $270 Million Dollars

From zero to $120+ Million in 6 years to bankruptcy, then to the cover of Inc. Magazine and the eventual sale for hundreds of millions of dollars, Norm Brodksy deserves every ounce of praise and money he received when he sold! The battle wounds of his first tragic business venture turned him into one of the wisest entrepreneurs I have ever encountered. The stories Norm shares with us are incredible! It was fascinating hearing him recount how he used his articles in Inc. Magazine to showcase his selling process with his potential buyers and then rejecting the offer at the last minute despite having appeared on the front page with the headline “Norm Says Yes”. Norm also shared with us some great real-life examples of how he made his companies so successful. Always to the point, it’s impossible not to be inspired by what Norm has to say. What are the lessons we can learn from Norm’s first business? Norm was crystal clear that even though there was a change in the marketplace and a variety of external factors, it was up to him to take responsibility and not to slip into the “Groundhog Day Syndrome” as he called it. His first piece of advice was: [clickToTweet tweet=”“If we blame others or outside forces for what happened, we’re destined to make the same mistakes over & over again.” ” quote=”“If we blame others or outside forces for what happened, we’re destined to make the same mistakes over and over again.”” theme=”style2″] 3 key takeaways: If you want to expand your own empire, don’t pledge the assets from your cash cow to the new risky venture. Don’t get hung up on a sales revenue target. You want to build a profitable business, not just a high volume business. Build your business ...

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Episode

April 07, 2022 01:08:07
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#295: A New Style of Private Equity that Plays the Long Game with Trish Higgins

Private equity gets a bad rap when it comes to owners thinking about their legacy. Thankfully there is a new wave of PE players coming in who are focused on the long game and what it takes to see a company through multiple decades, not just years. Enter Trish Higgins. Trish, her husband James, and his brother Palmer started Chenmark Capital with the mission to buy small businesses in order to hold on to them and preserve their legacies long-term.   Today Trish opens up about choosing the C-corp route and how that influences her acquisition choices. She also talks about why she looks at the owner's personal drivers as well as the cash flow statements of the company to determine fit. One thing you’ll notice is that Trish tends to buy up those “boring” companies because they have sustainable and predictable cash flow, plus those types of companies don’t require a lot of hyper-skilled managing partners to run them. Her unique strategy is proving quite successful—to the tune of 31 acquisitions since 2015.   WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast   What You Will Learn Why Trish made the shift from finance to starting her own private equity holding company  What types of businesses Trish focused on out of the gate and why Why Trish never wrote up a “grand plan” for her investments like most business owners How Trish finds business owners that are ready to step back and sell Why Chenmark Capital is structured as a C-corp ...

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