In this episode, we sit down with highly successful entrepreneur Christine McDannell to discuss the art of selling your company. With over 20 successful business exits under her belt, Christine shares her experience and insights on building companies to sell and developing a system for buying, selling, and acquiring businesses.
We dive deep into her journey as an entrepreneur, from starting her first company with just $300 and a vacuum cleaner to founding The Magnolia Firm, a highly specialized boutique business brokerage firm that helps entrepreneurs through the process of selling their companies.
Christine shares her strategies for identifying the right time to sell, preparing for a sale, and navigating the negotiations and due diligence process. We also discuss the importance of maintaining the longevity of your businesses, even after a sale, and how to avoid common pitfalls that can negatively impact the value of your company.
If you're an entrepreneur looking to sell your company or build a company to sell, then this episode is for you. With her wealth of experience and passion for entrepreneurship, Christine McDannell is sure to provide valuable insights and strategies for anyone looking to achieve success in the business world.