Allison Maslan explains why most businesses can't be sold: 17% are actually sellable. The difference is building a team-managed company instead of a glorified job where you're irreplaceable.
This is the hard truth about business and why it is so critical you build a team managed company that can flourish without you. Only 17% of businesses are saleable and many of those companies don't end up selling for much. So think about this. That means that you.
Are working for.
Decades.
In your business, sacrificing time with your family, time with loved ones, taking vacation, sacrificing your health and at the end of the day you don't have an asset that you can sell and.
You realize.
That you didn't have a business. You created a glorified job where you were working 60, 80, 100 hours a week making about five bucks an hour.