In this episode of Built to Sell Radio, John Warrillow interviews Michael Lynch, the creator of TinyPilot. This hardware device allows users to remotely control their computers without installing software.
Like most small companies, TinyPilot was a Main Street business with around $1 million in revenue and roughly $250,000 in profit. Hence, Michael’s story is a snapshot of a typical exit for most small businesses.
In this episode, you’ll discover how to:
-Sell a Main Street business.
-Handle a low-ball offer.
-Escape the feeling of being trapped inside your business.
-Distinguish between selling your shares vs. your assets.
-Avoid legal snafus during diligence.
Want to learn how to make your business irresistible to buyers? CLICK HERE to schedule a meeting with me today.
Video: Exiting Mainstreet: Michael Lynch on How to Sell a Smaller Business
Mark Hartmann is a three-time Inc 500|5000 CEO with a rich sales, operations, and leadership background in the insurance, financial services, and healthcare sectors. With extensive experience growing and selling his own businesses, Mark leverages his expertise to help owners grow and sell businesses valued at $1M —$25M. He’s earned a master’s degree in organizational change management from St. Elizabeth University and a graduate certificate in executive coaching from Columbia University. Mark’s professional certifications include Certified Mergers and Acquisitions Professional (CM&AP), Certified Business Intermediary (CBI), Certified Exit Planning Advisor (CEPA), and Certified Value Builder (CVB).
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