Understanding Your Exit
We often work with entrepreneurs that are not ready to or can’t exit their business just yet. Oftentimes, the reason that the time isn’t right for an exit is obvious: the valuation isn’t enough. This beg’s the obvious question: if value isn’t high enough now, what are you going to do to get it there?
Many owner’s make the assumption that value will increase over time. This is a false assumption: the passage of time does not correlate to increased value. It may, but as you well know, time also increases exposure to ongoing risks of owning a business. To be successful, smart entreprenuers use one common technique: they create an inflection point.
If value in your current business isn’t high enough to exit now, create value to get there. Read more