{"id":11547,"date":"2021-06-15T07:00:32","date_gmt":"2021-06-15T12:00:32","guid":{"rendered":"https:\/\/henekawatkisporter.com\/?p=11547"},"modified":"2024-08-17T06:57:14","modified_gmt":"2024-08-17T11:57:14","slug":"planning-your-exit-strategy-from-day-one","status":"publish","type":"post","link":"https:\/\/henekawatkisporter.com\/planning-your-exit-strategy-from-day-one\/","title":{"rendered":"Planning Your Exit Strategy From Day One"},"content":{"rendered":"\n<iframe frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm\/?e=MPNL9026066419\" width=\"100%\"><\/iframe>\n\n\n\n\n<p><span style=\"font-weight: 400;\">Are you ready to \u2018Exit Rich?\u2019 Not sure when to plan your exit strategy? In this episode, we are joined by Michelle Seiler Tucker to discuss planning your exit strategy from day one. Always be prepared. You must determine your destination as a business owner.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Here are three reasons why you should listen to the full episode:<\/b><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>[bctt tweet=&#8221;Learn the importance of planning an exit strategy from the first day of business.&#8221; username=&#8221;theentrepyou&#8221;]<\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Discover why some companies go out of business.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Learn how you can plan an effect exit strategy.\u00a0<\/span><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Resources<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">Text Michelle to 888-526-5750;&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Get a copy of Exit Rich at <\/span><a href=\"http:\/\/exitrichbooks.com\/\"><span style=\"font-weight: 400;\">exitrichbooks.com<\/span><\/a><\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Episode Highlights<\/b><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><b>What Is An Exit Strategy?&nbsp;<\/b><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">Michelle shared that when starting a business, you want to begin with the end in mind.\u00a0<\/span><\/li>\n\n\n\n<li>[bctt tweet=&#8221;Most businesses are not sellable because the owner did not build a sellable business.\u00a0&#8221; username=&#8221;theentrepyou&#8221;]<\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">She also shared that you must always remember that your business is your most valuable asset.\u00a0<\/span><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><b>Why Is An Exit Strategy Important?<\/b><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">With no planned end game, it\u2019s very easy for business owners to get more caught up in the business\u00a0 they\u2019ve given themselves as opposed to the long-term strategy behind running the business itself.\u00a0<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">An exit strategy keeps that endgame in mind and can make day-to-day decisions more strategic in nature.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">If\u00a0 as a business owner you have no idea where you are going, you will never know when you get there.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\"><a href=\"https:\/\/henekawatkisporter.com\/episode-098-creating-that-uber-amazing-pitch-deck-to-secure-investment-for-your-startup-with-erik-vos\/\">Having an exit<\/a> strategy helps you to\u00a0 define success and provides a blueprint for charting your progress.<\/span><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><b>What Does An Exit Strategy Involve?&nbsp;<\/b><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">Here are a few areas to consider when trying to plan an effective exit strategy:<\/span><\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\">\n<li><span style=\"font-weight: 400;\">Clearly establish your business goals.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Set a realistic time frame.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Clearly outline your intentions for the business.<\/span><\/li>\n\n\n\n<li><span style=\"font-weight: 400;\">Know what\u2019s next.<\/span><\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><b>2 Powerful Quotes from This Episode<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">\u201cNothing lasts forever\u201d<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">\u201cMost business owners have built a job in which they go to work everyday, rather than a business that works for them\u201d<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>About Michelle Seiler Tucker<\/b><\/h2>\n\n\n\n<p><b>Michelle <\/b><span style=\"font-weight: 400;\">is the Founder and CEO of Seiler Tucker Incorporated. As one of only three women in the U.S. who holds a M&amp;AMI (Mergers &amp; Acquisitions Master Intermediary) title and as a 20-year veteran in the M&amp;A industry, she has a wealth of experience regarding 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. In addition to being featured in INC, Forbes, and USA Magazine, Michelle is a Keynote Speaker and makes regular radio and TV appearances on Fox Business News and CNBC. She has spoken alongside many prominent speakers: Eric Trump, Kathy Ireland, Mayor Rudy Giuliani, Donna Karen, Stedman Graham, Randi Zuckerberg, Steve Wozniak, and more. She is the Best-Selling Author of the book \u201cSell Your Business for more than It\u2019s Worth\u201d and has a new book coming out called \u201cExit Rich\u00ae.\u201d<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Have specific questions? You can reach out and follow Michelle on <\/span><a href=\"https:\/\/twitter.com\/MSeilerTucker\"><span style=\"font-weight: 400;\">Twitter<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.instagram.com\/michelleseilertucker\/\"><span style=\"font-weight: 400;\">Instagram<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.facebook.com\/michele.seilertucker\"><span style=\"font-weight: 400;\">Facebook<\/span><\/a><span style=\"font-weight: 400;\">.&nbsp;<\/span><\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><b>Enjoy this Podcast?<\/b><\/h2>\n\n\n\n<p><span style=\"font-weight: 400;\">If you enjoyed today&#8217;s episode of The Entrepreneurial You, hit subscribe and share it with your friends!<\/span><\/p>\n\n\n\n<p><b>Post a review and share it!<\/b><span style=\"font-weight: 400;\"> If you enjoyed tuning into this podcast, then do not hesitate to write a review. You can also share this with your family and friends, prospective business owners and entrepreneurs, so they can feel empowered and encouraged to think about their exit strategy for their business.<\/span><\/p>\n\n\n\n<p><b>Have any questions?<\/b><span style=\"font-weight: 400;\"> You can contact me through email (<\/span><span style=\"font-weight: 400;\">henekawatkisporter@gmail.com<\/span><span style=\"font-weight: 400;\">) or find me on<\/span> <a href=\"https:\/\/www.facebook.com\/henekawatkisporter\/\"><span style=\"font-weight: 400;\">Facebook<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/twitter.com\/TheEntrepYou\"><span style=\"font-weight: 400;\">Twitter<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.instagram.com\/heneka_watkis_porter\/\"><span style=\"font-weight: 400;\">Instagram<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.linkedin.com\/in\/henekawatkisporter\/\"><span style=\"font-weight: 400;\">LinkedIn<\/span><\/a><span style=\"font-weight: 400;\">. Thanks for listening!<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">For more updates and episodes, visit my<\/span> <a href=\"https:\/\/henekawatkisporter.com\/\"><span style=\"font-weight: 400;\">website<\/span><\/a><span style=\"font-weight: 400;\">. You may also tune in on<\/span> <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/the-entrepreneurial-you\/id1219606421\"><span style=\"font-weight: 400;\">Apple Podcasts<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9oZW5la2F3YXRraXNwb3J0ZXIuY29tL2luZGV4LnBocC9mZWVkL3BvZGNhc3QvP2xhbmc9aHk?sa=X&amp;ved=0CAMQ4aUDahcKEwjA8JXI8tbtAhUAAAAAHQAAAAAQAg\"><span style=\"font-weight: 400;\">Google Podcasts<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.stitcher.com\/show\/the-entrepreneurial-you\"><span style=\"font-weight: 400;\">Stitcher<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/open.spotify.com\/show\/49cGqY7I7hxhjrJo7ui636\"><span style=\"font-weight: 400;\">Spotify<\/span><\/a><span style=\"font-weight: 400;\">.&nbsp;<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Stay inspired,<\/span><\/p>\n\n\n\n<p><span style=\"font-weight: 400;\">Heneka<\/span><\/p>\n\n\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you ready to \u2018Exit Rich?\u2019 Not sure when to plan your exit strategy? In this episode, we are joined by Michelle Seiler Tucker to discuss planning your exit strategy from day one. Always be prepared. You must determine your destination as a business owner.&nbsp; Here are three reasons why you should listen to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[710,716,718],"class_list":["post-11547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-podcast","tag-business-podcast","tag-business-strategy","tag-exit-strategy"],"_links":{"self":[{"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/posts\/11547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/comments?post=11547"}],"version-history":[{"count":0,"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/posts\/11547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/media\/11533"}],"wp:attachment":[{"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/media?parent=11547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/categories?post=11547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/henekawatkisporter.com\/wp-json\/wp\/v2\/tags?post=11547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}