sell business

If you’re a solopreneur recruiter or own a small recruitment firm and want to break the link between the hours you work and what you earn then this show is important.

Virtual teams are a great way to grow your business without committing to permanent staff, plus you can now hire people anywhere on the planet.

But this approach does come with some risks, which is why we are covering it in today's  Mike Ames Recruitment Show.

Our guest is Ward Hampton who successfully runs a virtual team.

He’s an English search consultant, lives in Peru, services clients in North America, EMEA & Asia-Pacific and employs zero staff.

However, he has a team of 5 people spread across the globe.

We will ask him the following questions: -

❶ Why did he choose to run a virtual team and what are the benefits?

❷ Who’s in his team and what do they do?

❸ Where does he find his people from?

❹ How does he manage the team?

❺ What lessons has he learned along the way?

Bottom line here is, virtual teams can help you grow quickly, but it needs to be done in the right way.

Do that and you can easily break the link between hours and money. In other words you can scale up. 

We all want to improve our profitability and one way to do this is build offshore people into your team, but how do you do this successfully?

Well, that’s the topic of our next Mike Ames Recruitment Show: offshoring for beginners.

It’s also for those who’ve tried it, and it didn’t work out.

On this, we’ll be exploring the reasons offshore projects often fail, so you can avoid them yourself.

Like most things, there’s a way to approach using offshore people that will significantly increase your chances of success.

So, we’ve invited Ketan Gajjar, (https://www.linkedin.com/in/ketangajjar/) founder and MD of RPO Arena to share the secrets of a successful outsource project.

This is what we cover: -

❶ Why offshoring often fails to work.

❷ Tasks and roles you can move offshore and the results you can expect.

❸ The commercial arrangements.

❹ How to measure and manage offshore people.

❺ Taking the first steps.

With harder times expected, now is a great time to embrace offshore and see how it can support your business.

When done properly, you not only get great results for less cost, but getting experienced people is considerably easier than finding equivalent people in the UK. 

Everybody has to write job ads from time to time, some more than others, but could they be better? Well, the stakes are high because we know great ads attract better candidates.

We also know that everybody’s attention span has diminished so it’s increasingly hard to attract attention.

Question: has your attention span diminished over the last few years?

In truth, the words you use have a massive effect on the stickiness of anything you write.

The same goes for blogs, long-form LinkedIn posts and even candidate profiles, but especially job adverts.

My question is: could we be better at writing them? I suspect the answer is “yes” (well, I know it is for me).

To help, we’ve invited Anna Iveson, an expert in writing ads, onto the show.

Her tips and advice can be applied to most online copy, but we are focusing in on adverts.

֍ How to grab attention

֍ Building interest in the role

֍ Increasing the chances of people responding to your ads

In these challenging times, the power of the written word is only going to increase!

Today I interviewed Jeffrey Feldberg CEO of Deep Wealth, host of the Deep Wealth Podcast and hands down expert at the process of selling your business.

You'll learn why Jeffrey actually refers to this as a "liquidity event" and how he had the courage to turn down an initial 7 figure offer for his business. 

Through a process of learning and talking to the right people, Jeffrey added 2 zeros to that 7 figure offer and now pays it forward by helping you (and me) grow your business and start planning for a future sale or "liquidity event". Check out Jeffrey's 90-day Deep Wealth Mastery program at: https://podcast.deepwealth.com You can learn more about selling to the US government and start using our system at: https://www.dodcontract.com

Get full show notes and transcript here: https://forrager.com/podcast/100

Get full show notes and transcript here: https://forrager.com/podcast/85

Get full show notes and transcript here: https://forrager.com/podcast/66

CONNECT WITH TOM
Facebook: https://www.facebook.com/masterypartners
LinkedIn: https://www.linkedin.com/in/tom-bronson/
Website: https://www.masterypartners.com/

Please be sure to like and follow for more great content to help YOU maximize YOUR business value!

Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon.
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CONNECT WITH TOM
Facebook: https://www.facebook.com/masterypartners
LinkedIn: https://www.linkedin.com/in/tom-bronson/
Website: https://www.masterypartners.com/

Please be sure to like and follow for more great content to help YOU maximize YOUR business value!

Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon.
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This week’s episode of the Maximize Business Value podcast features Randy Haram, Founder of Normandy Capital! Randy, also known as The Business Crusader, is a member of the 17% club with valuable insights on preparing for your exit today! Join Tom & Randy as they discuss exiting, what it’s like to actually go through an exit, and what you can do to prepare NOW!
 
As the former CEO of successful aerospace company Texas Air Composites, Randy Haran (also known as The Business Crusader) is able to utilize his unique professional insight and hard-won credentials to inspire and mentor newly minted entrepreneurs. As a firm believer of Open Book Management and "The Great Game of Business", Randy is a sought after speaker and resource who is focused on guiding entrepreneurs towards their goals of profitability and positive business culture. He launched Penny Strategies in 2017, a management consultancy that teaches entrepreneurs how to adopt a forward-focused outlook toward earnings and growth, while embracing a culture of ownership that allows all employees to have a stake in the outcome. With concentrated advising, coaching and fractional executive leadership in business growth matters as well as short- and long-term financial planning, forecasting, and contingency planning, the Penny Strategies team is built for the entrepreneur who is scaling their business and/or positioning for a liquidity event.

Tom Bronson is the founder and President of Mastery Partners, a company that helps business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery utilizes proven techniques and strategies that dramatically improve business value that was developed during Tom’s career 100 business transactions as either a business buyer or seller. As a business owner himself, he has been in your situation a hundred times, and he knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom can help you?  Reach out at tom@masterypartners.com or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).

CONNECT WITH TOM
Facebook: https://www.facebook.com/masterypartners
LinkedIn: https://www.linkedin.com/in/tom-bronson/
Website: https://www.masterypartners.com/

Please be sure to like and follow for more great content to help YOU maximize YOUR business value!

Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon.
...

Join us this week on the MBV podcast and meet 17% club member Mitch Felderhoff, a 4th generation owner and President of Muenster Milling Co, Inc. - a pet food company that specializes in extrusion of dry pet foods, horse feeds, llama feeds, and floating fish foods. Mitch, unlike many of our other guests, took part in a sale within his family! Tune in for some special insight into the process of transferring ownership to your kids or other family members!

Mitch Felderhoff joined his family business in May of 2007 after graduating from the University of North Texas. Mitch has been in charge of Sales and Marketing since 2008 after being named Vice President. Over the past several years, Mitch and Muenster Milling have focused on gradually expanding their territory, as well as venturing into the export business. Mitch's LinkedIn brightly greets viewers with the words, "I don't just make dog food, I eat it too!" In January 2015, Mitch was named President of Muenster Milling Co. 

Tom Bronson is the founder and President of Mastery Partners, a company dedicated to helping business owners maximize business value, design exit strategy, and transition their business on their terms. Mastery Partners utilizes proven techniques and strategies, developed throughout Tom’s career of over 100 business transactions as either a business buyer or seller, to dramatically improve business value. As a business owner himself, Tom has been in your situation countless times, and he knows what it takes to craft the right strategy. Tom is passionate about helping business owners and has the experience to do it. Want to chat more or think Tom might be able to help you?  Reach out at tom@masterypartners.com or check out his book, Maximize Business Value, Begin with The Exit in Mind (2020).

Mastery Partners, where our mission is to equip business owners to Maximize Business Value so they can transition their business on their terms.  Our mission was born from the lessons we’ve learned from over 100 business transactions, which fuels our desire to share our experiences and wisdom so you can succeed.

CONNECT WITH TOM
Facebook: https://www.facebook.com/masterypartners
LinkedIn: https://www.linkedin.com/in/tom-bronson/
Website: https://www.masterypartners.com/

Please be sure to like and follow for more great content to help YOU maximize YOUR business value!

Tom Bronson is a serial entrepreneur and business owner. He is currently the founder and President of Mastery Partners, Mastery Mergers & Acquisitions, and the Business Transition Summit. All three companies empower business owners to maximize business value and serve business owners in different capacities to help them achieve their dream exit. As a business owner, Tom has been in your situation a hundred times and knows what it takes to craft the right strategy. Bronson is passionate about helping business owners and has the experience to do it. Tom has two books to help business owners on their journey to a dream exit: "Maximize Business Value Playbook," (2023), and "Maximize Business Value, Begin with the EXIT in Mind," (2020). Both are available on Amazon.
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• The five steps involved in maximising the saleability of your business and what’s involved in each of these.
• How to use the small business capital gains tax (CGT) concessions to potentially reduce any CGT liability to nil.
• Various strategies to maximise your sale price and minimise your risk including earn-outs, restraint of trade, vendor warranties and structuring considerations.

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