Part of creating wealth as an entrepreneur and an investor, doesn't come just from the income of the business, it comes when the business has created value in the marketplace, with its revenue and good will, and can be sold for a mulitple on its earnings. Listen to how Karen Rands and David C. Barnett cover this topic using real life examples. They discuss the smart things and the stupid things that entrepreneurs and investors can and will do when it comes to an acquisition transaction.
This podcast is also available as a YouTube Video: https://youtu.be/8De_Girgdfs
David C. Barnett is the best selling author of How to Sell My Own Business, 12 Things to Do Before You Consider Selling Your Business, and the 21 Stupid Things People do when Trying to Buy a Business. As a former loan broker and business broker, he is a sought after Speaker and Advisor. Learn more at http://DavidCBarnett.com
Karen Rands is the best selling author of Inside Secrets to Angel Investing and the Founder and Leader of the Compassionate Capitalist Movement. She is sought after as speaker teaching entrepreneurs best practices for growing a sustainable business and for investor on how to get started as an angel investor, a compassionate capitalist. Learn more and get access to her book at http://karenrands.com