We are stoked to be joined by Jeff Herdzina for episode 35! Jeff helps business owners prepare for exits. With 15 years of friendship with Landon, has sold and bought multiple businesses and founded Exit Big in 2015. They highlight the importance of preparing financials and emotional readiness for selling a business. Jeff shares his process, emphasizing confidentiality, qualifying buyers, and the importance of clean financials. He notes that 90% of businesses aren’t ready to sell and stresses the need for business owners to have a purpose beyond their business. They also discuss the emotional toll of selling and the importance of maintaining personal relationships. Key takeaways include: 0:00:00 – Introduction and Episode Overview
0:07:07 – Jeff Herdzina’s Background and Introduction
0:13:47 – Jeff’s Journey and Business Insights
0:23:05 – Challenges and Lessons in Business Ownership
0:40:07 – Emotional and Financial Readiness for Exit
1:03:14 – Process and Steps of Selling a Business
1:08:15 – Final Steps and Closing the Deal
1:15:13 – Final Thoughts and Closing Remarks Connect with David:
Website: www.businesswiththeboyz.com
LinkedIn: www.linkedin.com/in/daviddecelle
Email: David@businesswiththeboyz.com Connect with Landon:
Website: www.businesswiththeboyz.com
LinkedIn: www.linkedin.com/in/landon-troyer-837b822b
Email: Landon@businesswiththeboyz.com
