Mark MacLeodFounder, Limitless.ceo · The Startup CEO Coach | Helping ambitious CEOs & founders scale world-changing companies without sacrificing their health, happiness, purpose, or humanity

Get organized before you start the exit process, Andrew Gazdecki CEO Acquire - The Startup CEO SHOW

5 Jul 2024 · 0 min

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0:11

A short excerpt from a YouTube interview in which host Mark MacLeod asks Andrew Gazdecki how founders should prepare for a company sale. Gazdecki begins by emphasizing that deciding you want to sell is the first and significant step. The conversation appears focused on practical steps and a checklist for exits to financial or strategic buyers.

How should founders be thinking about preparing, you know, for, for an eventual sale of the company, whether it's to a financial or a strategic buyer? What are, what's the, what are the steps? What's the checklist?
I would say the first step is figuring out that you want to sell. That's a big one.
That is a huge one.
Just saying, hey, you know, this is the time to sell the business, really committing to it. And before you, you do that or when you get to that point, just take it, take inventory of your company. You know, see, do you have everything organized? Do you have a internal company wiki? And this can be a good process for you to kind of audit your own business. Do you have a clean P L for financial buyers to look at? Because you're definitely going to also speak with financial buyers. You should also speak with strategic buyers.