Short transcript excerpt (YouTube) urging business owners to run their companies with the intention to sell: build proper structure, hire a leadership team (COO, CFO), and design the business to free the owner’s time. Speakers emphasize that most companies never get sold and recommend deliberate planning to achieve personal goals like more time.
I can wake up and say, I want to own this building. I got to figure out how to buy it. You want to change my company around? I want to build my team. I want to sell my company. By the way, everyone in this room, if you have a company, you should.
Be building it to sell. You guys understand, like, 70%, 80% of companies never get sold.
Why the are you working all this crazy hours.
To not have something to sell? It's silly. I did it for years.
And you don't have to sell it.
By the way, but.
You build it to sell. That means you build a proper structure.
You have a coo. You have a cfo.
You have a team. And when you build it right, you get what you want. Ultimately want time. You guys want more time? I do.
