Exit Rich: The 6 P Method to Sell Your Business for Huge Profit

by Michelle Seiler Tucker, Sharon L. Lechter

Too many entrepreneurs push off planning for the sale of their business until the last moment. But for a business to sell for what it’s really worth—or even more—owners need to prepare for the sale from the very start.

In Exit Rich, author and mergers and acquisitions authority Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and author of Rich Dad Poor Dad, to create a must-have guide for all business owners—whether they’re gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future.

Seiler Tucker’s twofold approach to selling your business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: the “ST GPS Exit Model” to help business owners set goals for the sale before their business hit the market, and the “6 P Method” to help them objectively evaluate their business’s worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sale, finding the right buyers, and staging the sale itself.

Throughout the book, Sharon Lechter’s wisdom peppers each chapter in the “Mentoring Corner” section, providing forward-thinking entrepreneurs with the perspective that they need to take control of their business’s future and exit rich.

This book is a rich resource for any business owner looking to:

• Objectively evaluate their business before a sale
• Improve their chances of finding the right buyer
• Sell their business for maximum profit

Genres: Business, Nonfiction, Finance, Entrepreneurship

312 pages, Kindle Edition

Published January 26, 2020

Reviews

[Mystery · Rating 4 out of 5]

Perfect for someone trying to sell their business

I received this book as a good giveaway.

For anyone who is thinking to sell their business, this book is a comprehensive one for them. It covers everything valuating your business to finding the right buyers to closing the deal. If you're seeing your business, this probably should be your go-to book.

I do wish certain terms were defined like escrow or due diligence.

[David Richter · Rating 5 out of 5]

Michelle clearly outlines what it takes to sell a business. She is an expert in her field and the book shows this. I also love that if you aren’t looking to sell the business, you can still use the wisdom in this book to create a real business that ultimately serves your purposes. Highly recommend this to any business owner even if you aren’t looking to sell.

[Virginia · Rating 4 out of 5]

⭐️⭐️⭐️⭐️
I received an advance review copy for free, and I am leaving this review voluntarily.
Exit Rich provides practical insights and strategies that are easy to understand and apply in real-world situations. It's a valuable resource for anyone looking to improve their skills and approach to business challenges.

[Tiffany · Rating 2 out of 5]

This one was really long and hard to keep interested in. It was almost too detailed and quite repetitive. I work in accounting and with businesses that get bought and sold regularly and this was really hard to read.

[Carol & Russell · Rating 4 out of 5]

It was hard to put down