How To Start Living Show (formerly How To Quit Working)

248: Useful Business Insights

Informações:

Synopsis

Last year I sold a company that I’d owned for nearly 10 years. Just after the sale of this business I made a list of all the lessons I’d learned while owner. I came up with 15 significant lessons learned. For the next few weeks I’m going to cover a 5 lessons I learned each week. Here are this weeks lessons: Lesson one for me, was begin with the end in mind. When I started the business I never thought I’d leave. I loved the company, I loved my business partners and I loved our clients. I knew that we were providing a valuable service to our clients and to the community. I loved the work I did which was primarily marketing, sales and event planning. I never thought I’d want to leave and then one day I did and I didn’t have a plan. My business coach had said many time that we needed an exit strategy, but for some reason I just didn’t believe him. I was able to sell the company and it all worked out great, but it would have been much better if I’d had a plan from the start. Lesson two was profit is key. There wer