Bharat Kanodia with Veristrat
All entrepreneurs at some point will face the question, what do I do with my business? Do I sell it, close it, transfer it, etc? For a good number of people, there is a dream of selling your company for millions of dollars and riding off into the sunset knowing you made the world a better place.\n\nHold up. The reality is that only one out of 20 businesses actually, get sold.\n\nThat\u2019s according to Bharat Kanodia, business valuation master, who has signed off on over 4,500 valuations with $2.6 trillion in assets globally.\n\nThere are a few reasons why businesses never sell and eventually just run aground. But the most common reason falls on the shoulders of the business owner\u2026and if you\u2019re interested in ensuring the lasting legacy of your business and your place in the sunset, this is one episode you literally can\u2019t afford to miss.\n\nShifters Wisdom:\n\u201cMy advice to entrepreneurs is to invest in technology. The more you invest in technology in your business the better it will be for you in the long term. The second thing is to make your customers into loyal paying customers. Reoccurring revenue in any business is king.\u201d\n\n(www.youtube.com/c/whatsitworth/ |www.facebook.com/whatsitworthtv |www.linkedin.com/company/veristrat-inc | www.twitter.com/whatsitworthtv) Music by Broke for Free