Tina Corner StolzLXCouncil | The Global Leader in Peer Advisory Councils · Founder of LXCouncil - the leading global educator for peer advisory councils

Verne Harnish is back! Live Exchange 2024 Scaling Up Expert

Name: Verne Harnish is back! Live Exchange 2024 Scaling Up Expert
Uploaded: 2024-08-02T07:00:39+00:00
Duration: 36 s
Channel: Tina Corner Stolz
Description: In this teaser segment of the Live Exchange 2024 event, the host (Speaker A) emphasizes the critical importance of business valuation for owners, whether…

2 Aug 2024 · 1 min

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In this teaser segment of the Live Exchange 2024 event, the host (Speaker A) emphasizes the critical importance of business valuation for owners, whether they are planning an exit, pursuing acquisitions, seeking financing, or structuring compensation and legacy plans. He highlights that a specific, high‑impact metric—kept confidential until the event—has become a must‑track indicator for all clients due to current pressures around compensation, pricing, and inflation. The discussion frames valuation as the number‑one job of a business owner and promises to reveal actionable insights and peer‑experience discussions that will help attendees understand and drive the key drivers of valuation.

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I am going to share a killer stat that we've got every one of our clients tracking because of really the pressures around compensation and pricing and inflation, and it has really proven to be an eye-opener. So I'm going to save it for the event. So for the folks that are there, we're going to dig into a couple of those key decisions and metrics that I think is going to add richness to those peer experiences. And give them some more things to discuss that are really going to help drive at the end of the day what the number one job of an owner is— valuation. Drive the valuation of the business.
That is— yes, with an exclamation point.
Yeah. And that's whether you're going to exit or not. You need that valuation if you're going to do acquisitions. You need that valuation if you want to borrow money. You need that valuation if you want to use it for some of your compensation. Plans, or you're just setting up legacy or, or whatever it is that you want for the future, driving that number, it's important to know what it is and what are the drivers of valuation. And we're going to give you one of those that everybody ought to be looking at right now.
Excellent. Can't wait, as always. So, Vern, thank you so much.