Mar 24 2025 40 mins
In this episode of the Faith & Entrepreneurship Podcast, we’re diving into how to maximize your business’s value and position it for a successful sale. I’ll share my own experience of selling my first business and walk you through how to organize your books, craft a compelling story for potential buyers, and identify the three types of buyers you’ll encounter—plus what each one is really looking for. We’ll also break down key value-building strategies, including the Rule of 40, the critical metric buyers use to assess customer acquisition costs, and how to improve your business’s financial health before a sale. Whether you’re planning to sell soon or just want to be ready for the future, this episode is packed with insights to help you navigate the process with confidence!
I’m Devon Dickinson. I've been married for 25 years and have a family of 6. I've founded, bought, sold, and sometimes failed with 10 different companies. As an individual entrepreneur, my companies have been on the Inc. 5000 Fastest Growing Companies list longer than any other individual. I enjoy investing in real estate and I've coached soccer for the last 6 years; which seems to be what keeps me up at night. Although I now own several multimillion-dollar companies, I only started with $5,000 and a credit card. Before we get started, I should warn you that this is all true... I don't know the easy way in anything I only know “the hard way”. I want to help you avoid learning the hard way (where you can) through straightforward advice that will fuel the entrepreneur in ALL OF US! Subscribe or visit DevonDickinson.com for more content to start, grow, and run your business.
The Whiteboard Entrepreneur - with Devon Dickinson - Fuel The Entrepreneur in All Of Us!
Podcast Produced By Jesse Flocken, CEO of Clearly Relevant Growth Agency
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