Profitable Exit with Michelle Seiler Tucker

Thrive in Global Markets - A podcast by Levent Yildizgoren

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Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated. She holds the M&AMI (Mergers & Acquisitions Master Intermediary) title, as well as Certified Mergers and Acquisitions Professional (CM&AP) and Certified Senior Business Analyst (CSBA). Michelle also owns many other businesses in several different industries. As a 20-year veteran in the M&A industry, she is regarded as the leading authority on buying, selling, fixing, and growing businesses. She and her firm have sold over a thousand businesses in almost every vertical and have a remarkable track record of success. In addition to being featured in INC, Forbes, Entrepreneur Magazine, and USA Magazine, Michelle is an international keynote speaker and makes regular radio and TV appearances on Fox Business News and CNBC. She has spoken alongside many prominent speakers: Eric Trump, Arnold Schwarzenegger, Kathy Ireland, Donna Karen, Stedman Graham, Randi Zuckerberg, Steve Wozniak, and more. She is the Best-Selling Author of the book “Sell Your Business for more than It’s Worth” and has a new book called “Exit Rich®,” a Wall Street Journal and USA Today bestseller! KEY TAKEAWAYS It is better to plan your business exit from the beginning. If you build your business as a sustainable, scalable, and sellable business in the light of 6Ps, it will be easier to sell it later. The most important thing is in this journey that business owners should not be the business itself otherwise when they sell their companies, there will be no company left because they leave it.  BEST MOMENTS “One of the biggest reasons by any person’s businesses end up selling is because business owners don’t think about selling. They are telling internal or external catastrophic event occurs. Internal could be health issues, partner excuses, or divorce. Externals are crazy pandemic.” “GPS Exit Model is all about timing your end from the beginning. From the beginning, you should ask yourself: What is my destination?” “You need to know who your buyers are and what they are looking for. Then you need to build your business around, what I call, 6Ps. 6Ps are your infrastructure to your company. So, the 6Ps are everything.” “You really have to go back and look at your proprietary assets. Make sure that you keep your proprietary assets and separate operation because if you get sued in your name corporation, you don’t want to lose the proprietary assets.”  “Business owners have the mindset that if they want, they have to do it all. So, the big profit mistake is not hiring a good team, not hiring an imagined team, not having the right people on the right seats, not answering the who question and really going business around you. That is a huge proper mistake.” ABOUT THE HOST Levent Yildizgoren, the author of 'Good Business in any Language', is an award-winning entrepreneur, localisation professional, and a PRINCE2 qualified project manager. CONTACT METHOD Linkedin:  https://www.linkedin.com/in/leventyildizgoren/ Twitter: https://twitter.com/yildizgoren IG: https://www.instagram.com/levent.yildizgoren/ ABOUT THE GUEST Michelle Seiler Tucker is the Founder and CEO of Seiler Tucker Incorporated and the author of “Sell Your Business for more than It’s Worth” and “Exit Rich®,” a Wall Street Journal and USA Today bestseller. CONTACT METHOD Seiler Tucker Inc. Website – https://seilertucker.com/ Exit Rich Book Website -https://exitrichbook.com/ YouTube Channel -https://www.youtube.com/user/MichelleSeilerTucker Michelle's podcast, Exit Rich: https://seilertucker.com/podcast/ LinkedIn – https://www.linkedin.com/in/michelleseiler/ Facebook-https://www.facebook.com/michele.seilertucker  Instagram-https://www.instagram.com/michelleseilertucker/ Twitter - https://twitter.com/MSeilerTucker TikTok -@michelleseilertucker VALUABLE RESOURCES Do you have any questions about translation, localization, or international growth? Visit TTC website: https://ttcwetranslate.com/ Take your business global with the 5-step LINGO modal! Purchase 'Good Business in any Language' on Amazon now: https://cutt.ly/2ORR