Business Builders with Pavlo Phitidis

← Business Builders with Pavlo Phitidis30 sept. · 4 min

Tired of Your Business or Ready to Sell it?

Tired of Your Business or Ready to Sell it?30 sept.4 min

<p>Subscribe to receive weekly emails https://aurik.com/businessbuilders/Follow on Linkedin: https://www.linkedin.com/in/pavlophitidis/How do you know when you should sell your business? There is no single signal, but there are several I would take seriously.• Has the business stopped growing with no credible route to restart growth?• Have you lost the appetite to keep innovating and adapting?• Can you still see a future for the business that you genuinely believe in?• Have you fallen out of love with it?Those can all be meaningful signals.But there is another feeling I would treat very differently: Exhaustion.If you are overwhelmed, constantly firefighting and waking up dreading the day, the problem may not be the business, it may be the job you have built for yourself inside it.Do not sell a good business because you have accidentally built yourself a terrible job.Before deciding to sell, separate the business from the role you currently play in it. Ask whether the problem is you, the business model, the industry, or simply the way the company still depends on you.And if selling may eventually be the right decision, start preparing early.Building a business for a premium, clean sale can take years. The time to create something another owner genuinely wants to buy is long before you need to get out.In this Business Builders Ask Me Anything, I unpack the signals I would consider before deciding whether it is time to sell.Subscribe to Business Builders for practical, operator-level insights on growing, scaling and building an Asset of Value™.#BusinessBuilders #BusinessExit #SellingABusiness #BusinessGrowth #SuccessionPlanning #Entrepreneurship #PavloPhitidisChapters: 00:00 How do you know when to sell?00:26 Growth, innovation and vision01:02 Have you fallen out of love with the business?01:25 Don’t confuse exhaustion with a reason to sell01:58 Is the business the problem, or your role in it?02:28 Don’t be seduced by the headline offer02:51 Build a business someone wants to own03:17 Final thoughtsIf you have a question for Business Builders, pop it in the comments</p>