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    Business

    Exit Rich

    Have you ever wondered why some businesses thrive and others take a nosedive? Most business owners don’t ever think about their exit strategy until it is too late. And why do some businesses exit for maximum value; others sell for pennies on the dollar; and some don’t sell at all? Welcome to Exit Rich, hosted by seasoned M&A advisor, Michelle Seiler Tucker, dedicated to helping you on a path to your next adventure, or retiring rich and exiting for the price that you’ve dreamed of and deserve. Even if you are not ready to sell now or still building to sell, Michelle’s guidance, expertise, and mentorship will open your eyes to the road to finding your desired exit.In this show, you will get an understanding of how to plan your ST GPS Exit(TM) and the different types of exits, how to build your business to run on all six cylinders, the ST 6Ps(TM), and how to maximize the dollar value of your company. From interviews with famous entrepreneurs, like Alec Stern, founder of Constant Contact, and Jeff Hoffman, founder of PriceLine, you will learn from those who have successfully scaled, exited before you, and moved on to start their next adventure. You will also learn about financial analysis, implementing a custom targeted marketing campaign while maintaining 100% confidentiality, screening and qualifying prospective buyers, negotiating deal structure and terms, providing support with pre-closing activities, overseeing and managing the due diligence process, managing closing activities and documents, and much more!The process of selling a business is a tough journey. It can be the pinnacle of a life of hard work and struggle and can open the door to a new way of life for you and your family. The successful sale of a business, a sale where you walk away delighted, is the result of managing multiple complexities and working through a myriad of potential pitfalls. It takes experience and a proven track record to navigate the minefield of selling a business. Keep in mind that 8 out of 10 businesses don’t sell! You need the dedication and the experience of a mergers and acquisitions advisor/broker like Michelle Seiler Tucker who has sold hundreds of businesses.As Founder and CEO of Seiler Tucker and the owner of numerous other successful companies, Michelle has consulted, and partnered with many business owners, investing her money, expertise, resources, time energy and effort in which to help her partners build their business to sell their business for their desired dream price. Michelle closes 98% of the offers she writes and obtains an average 20-40% above asking price; which is the result of her persistence and dedication to clients, and her expertise at growing and fixing businesses to achieve their full potential. Seiler Tucker Inc, is the leading authority on buying, selling, fixing, and growing companies.Her bestselling book, Sell Your Business for More Than It’s Worth, is a blueprint for anyone that wants to increase market share, become more profitable, and sell their business for top dollar. Her next book, Exit Rich, further expands on how to grow a business utilizing the 6 P’s and introduces her Build-To-Sell Blueprint. Steve Forbes states: “It is stunning that so many business owners end up leaving so much equity on the table when they want to cash out. That’s why this book will be a goldmine for these entrepreneurs.”The business landscape has changed so much in the last few years. Statistics show that a whopping 70% (out of a sampling of 26 million) of businesses go under even after operating for 10 years or longer. Business owners are forced to sell their business for many reasons, including unforeseen health or economic conditions. Regardless of the reason, knowing when to sell to get the highest price for your company is critical. You absolutely can exit rich, make sure your employees and your customers are taken care of, and continue your legacy. Join Michelle Seiler Tucker every week here to Exit Rich!

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    Latest Episodes:
    What Every Organization Needs to Know about the Employee Retention Credit With Kevin Marshall Sep 15, 2022
    Show notes

    At the height of the pandemic, the government introduced different sources of support for businesses on the brink of shutdown. One of these is the Employee Retention Credit or ERC. But what is it, and how can owners benefit from it? Here to share wisdom is Mr. Sexy, Kevin Marshall. He is the President/CEO of Profitopia, and the author of Tax Credits Are Sexy: What Every Organization Needs to Know about the Employee Retention Credit. With insights from his book, Kevin breaks down how businesses can qualify and make the most of ERC. Listen in on his chat with host Michelle Seiler Tucker to learn more and get thousands of dollars back for your business!


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    Financial Management: How To Increase Profitability And Prevent Bankruptcy With Pam Jordan Jun 30, 2022
    Show notes

    Being good in business doesn’t automatically mean being good with finances. There’s a difference between generating income and knowing how to keep it, which is why tracking your numbers is vital to keep your business running. Here to talk about the importance of financial management is Pam Jordan, President of Pivot Business Group. Pam is a financial expert specializing in analyzing and streamlining the backend of fast-growing companies. It’s one thing to make a lot of money, but at the end of the day, what’s most important is what you walk away with. Tune in as Pam shares valuable and implementable tips to help you manage your finances, generate profit, and prevent bankruptcy.


    Pleasing Your Angel Investors: Why You Need To “Sell It First” When Building A Startup With Hall T. Martin Jun 30, 2022
    Show notes

    If you're building a startup, one thing angel investors look at is your business plan. You can't barge into a room of 10 investors and just talk about your idea. You need to know how you're going to sell it. Sell the product first, build it second. If you can't sell it in the first place, then you don't want to have to build it at all. Investors don't want all the weight to be on them, they want to share the weight and be part of something great. So you have to learn how to do your part as an entrepreneur. Join Michelle Seiler Tucker as she talks to Hall T. Martin about investing in startups and what investors look for. Hall is the CEO and Founder of TEN Capital Network. He helps connect startups and investors for funding opportunities. Discover his journey into angel investing. Learn how to solve some of the mistakes entrepreneurs make when doing a startup. Find out why follow-up, finding your team, research, and valuation are important for startups. Start pleasing your investors today!


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    The Science Of Getting Rich For Women: The Steps To Financial Success With Sara Connell Jun 30, 2022
    Show notes

    Statistics show that in 2021, women lost $800 billion in the pandemic globally. Getting rich is only getting harder, especially if you’re a woman. This is why author Sara Connell wrote her newest book, The Science of Getting Rich for Women. In the book, Sara lists down steps that women can follow so that they can find financial success. It doesn’t matter if you know nothing about money; all you need to do is follow her playbook. Join Michelle Seiler Tucker as she talks to Sara about her newest book and how you can get rich in 4 simple steps. Sara is a bestselling author and the founder of Thought Leader Academy. Learn how you can shift your mindset so that you can achieve your goals.


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    Extraordinary Vacations With Shane Mahoney Jun 14, 2022
    Show notes

    What’s the point of taking a vacation if you have to work hard to make it happen? If you are looking to go on a trip with colleagues or a truly relaxing trip and be able to take in the sights and enjoy the experience without having to worry about where to go or what to do, you cannot miss this episode! Today, the CEO and creative brain behind Lugos Travel, Shane Mahoney, joins Michelle Seiler Tucker to discuss how they’ve taken luxury vacation to the next level and how a well-planned vacation can benefit your business as an entrepreneur. Find out all about it - from getting a quote in just 5 minutes, beginning-to-end travel support, and extraordinary adventures for their clients to enjoy, whether a personal or business getaway, to a custom, full-production, reel to real experience, and all these while giving back to the community.


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    How To Exit Your Business Rich With Michelle Seiler Tucker | 610 May 20, 2022
    Show notes

    Michelle Seiler Tucker is a Wall Street Journal and USA Today bestseller, the CEO of Seiler Tucker Inc. and she helps people in all kinds of verticals sell their businesses for top dollar. She is the author of Exit Rich, the book that helps business owners build their businesses into sustainable, scalable, sellable assets that can sell at the price tag they desire.

    Listen now to learn more about Exit Rich and how it can help you become a true business owner!

    Key Talking Points of the Episode

    [00:00] Introduction

    [01:39] Listen to Simple Passive Cashflow!

    [02:23] Who is Michelle Seiler Tucker?

    [03:55] What has Michelle been up to?

    [05:23] What inspired Michelle to write her book?

    [06:25] What is Road to Exit Rich?

    [07:44] Why did Michelle write Exit Rich?

    [08:22] What is Exit Rich about?

    [09:53] What is the difference between the contractor mindset and the business owner mindset?

    [11:20] Why do you need to build your business to sell?

    [13:20] How does exiting rich look like for businesses that Michelle works with?

    [14:56] Is passing the business to the next generation a solution?

    [15:33] What happens when you lose a business?

    [16:15] Why is Exit Rich important to service-based businesses?

    [17:47] What will you have if you don’t sell your business when it’s ready?

    [18:09] Where can people buy Exit Rich?


    Links

    Website: Money Ripples https://www.moneyripples.com

    YouTube Channel: Money Ripples with Chris Miles https://www.youtube.com/channel/UCJS6…

    Podcast: Simple Passive Cashflow https://simplepassivecashflow.com/

    Book: Exit Rich https://exitrichbook.com/

    https://www.audible.com/pd/Exit-Rich-…


    Want to talk to us about your cash flow situation?

    Set up a meeting with us today – https://moneyripples.com/contact-us/

    Chris Miles, the “Cash Flow Expert and Anti-Financial Advisor,” is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.

    Website: http://moneyripples.com/

    Podcast: https://www.blogtalkradio.com/moneyri…

    Twitter: https://www.twitter.com/moneyripples

    Facebook: https://www.facebook.com/moneyripples

    LinkedIn: https://www.linkedin.com/company/mone…

    Instagram: https://www.instagram.com/moneyripples/


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    Manifesting Your Success By Building Good Revenue Streams With Brian Dalmaso May 06, 2022
    Show notes

    How do you build good revenue streams and manifest your success? Learn tips and techniques from our guest today. Brian Dalmaso was very lucky to have started working at General Electric at the age of 17, and he thought he could retire as a multimillionaire. But then the company had to shut down after 10 years. He then decided to build his construction company on the side while working at a new company. In this episode, he takes us to the world of network marketing, building personal portfolios, and good revenue streams. He attributes his success to having a positive mindset in taking on new challenges and embracing changes. Listen and learn how to manifest your success!


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    The Key Ingredients To A Successful Franchise Business With Peter Taunton Apr 25, 2022
    Show notes

    What are the key ingredients to building a successful franchise business? Michelle Seiler Tucker sits with Peter Taunton, founder of Lift Brands and Snap Fitness. Peter explains that the number one ingredient is product relevance. Is your product something people would want? Number two is simplicity. If your business is too technical, you’ll need to dumb it down a bit. Next, can it run on one manager and 12 to 15 part-time employees? More importantly, will it thrive even with a semi-absent owner? If you want to get into more details, dive into this episode.


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    A Guide On How To Build Your Empire With Elena Cardone Mar 07, 2022
    Show notes

    How do you build your empire? How do you keep yourself on target and ready to achieve your goals? Michelle Seiler Tucker sits down to talk with entrepreneur and empire-builder Elena Cardone. Elena takes a look back on how she and her husband built their little business empire and the lessons learned along the way. Full of lessons for entrepreneurs, this one is a must-listen.


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


    The Right Mindset For Leadership: Changing From A Fixed To A Growth Mindset With Ryan Gottfredson Jan 24, 2022
    Show notes

    If you have a fixed mindset, it's time to change that into a growth mindset. If you think that the way that you look is more important than elevating others, then you have a negative mindset. When you're focused on lifting others, you're not focused on yourself. You're not in self-protection mode. You're in organization advanced mode. Join your host Michelle Seiler Tucker and her guest Ryan Gottfredson as they talk all about mindset and vertical development. Ryan is a leadership researcher and consultant. He is also the author of the book, Success Mindsets: Your Keys to Unlocking Greater Success in Your Life, Work, & Leadership. Listen to the conversation to learn how you can approach leadership with a fresh new mindset.


    Love the show? Subscribe, rate, review, and share! https://www.seilertucker.com/podcast


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