Welcome to "Secrets to Selling Your Business," where we explore the strategies, challenges, and success stories behind business transitions. The podcast is hosted by Jacob Koenig, a managing director and partner at Woodbridge International. Woodbridge is an atypical mergers & acquisitions firm founded in 1993, which combines collaborative strategies with a laser-pointed focus on their client's success. Woodbridge doesn't just help their clients get the best for their business but helps to transform their lives for the better.
Join industry experts and thought leaders as they share invaluable insights on financial planning and the broader world of business advisory. On the show, Jacob interviews business owners, wealth managers, financial advisors, business lawyers, and life coaches. Gain the knowledge to navigate complexities, achieve financial success, embrace strategic shifts, and prepare to sell your business with no regrets. Get ready for transformative insights and actionable wisdom on your journey to growth and success.
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Welcome to "Secrets to Selling Your Business," where we explore the strategies, challenges, and success stories behind business transitions. The podcast is hosted by Jacob Koenig, a managing director and partner at Woodbridge International. Woodbridge is an atypical mergers & acquisitions firm founded in 1993, which combines collaborative strategies with a laser-pointed focus on their client's success. Woodbridge doesn't just help their clients get the best for their business but helps to transform their lives for the better.
Join industry experts and thought leaders as they share invaluable insights on financial planning and the broader world of business advisory. On the show, Jacob interviews business owners, wealth managers, financial advisors, business lawyers, and life coaches. Gain the knowledge to navigate complexities, achieve financial success, embrace strategic shifts, and prepare to sell your business with no regrets. Get ready for transformative insights and actionable wisdom on your journey to growth and success.
Bonus: Educating Sellers: Building Partnerships for Long-Term Success
Secrets to Selling Your Business
19 minutes
7 months ago
Bonus: Educating Sellers: Building Partnerships for Long-Term Success
What are the key elements to consider when acquiring an online business?
Michael Frew, a seasoned serial entrepreneur and the owner of multiple SaaS businesses, has carved a niche for himself in the competitive landscape of online business acquisitions. Leveraging his engineering and development background, Michael transitioned from a long corporate career to focus on acquiring online companies, targeting businesses with owners motivated by reasons beyond just financial gain. He emphasizes the significance of building strong relationships with sellers, ensuring that there's mutual alignment in mission and customer focus. By utilizing a diverse mix of cash, debt, equity, and earn-outs, Michael remains adaptable and strategic, continuously learning from both successes and challenges to refine his approach and maintain his passion for running these businesses.
Here’s what to expect this episode:
Importance of mindset, financing, due diligence, and transition planning in acquiring online businesses.
Significance of aligning businesses with one's niches and specialties, and having a well-thought-out transition plan.
The evolving financing approach in online business acquisition by incorporating borrowing, debt, equity, and earn-outs.
The need to consider compatibility, vision alignment, and working together post-sale in business acquisitions and sales.
Connect with Michael Frew
https://www.linkedin.com/in/michaelfrew/
https://www.michaelfrew.com/
Connect with Jacob Koenig:
https://woodbridgegrp.com/
https://www.linkedin.com/in/jacobkoenig/
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Secrets to Selling Your Business
Welcome to "Secrets to Selling Your Business," where we explore the strategies, challenges, and success stories behind business transitions. The podcast is hosted by Jacob Koenig, a managing director and partner at Woodbridge International. Woodbridge is an atypical mergers & acquisitions firm founded in 1993, which combines collaborative strategies with a laser-pointed focus on their client's success. Woodbridge doesn't just help their clients get the best for their business but helps to transform their lives for the better.
Join industry experts and thought leaders as they share invaluable insights on financial planning and the broader world of business advisory. On the show, Jacob interviews business owners, wealth managers, financial advisors, business lawyers, and life coaches. Gain the knowledge to navigate complexities, achieve financial success, embrace strategic shifts, and prepare to sell your business with no regrets. Get ready for transformative insights and actionable wisdom on your journey to growth and success.