Leading Prosperity - A CEO Success and Wealth Podcast
About:
Welcome to Leading Prosperity, a CEO Success and Wealth Podcast. This podcast provides insights, information, and inspiration to help CEOs of mid-market firms of $10MM to $1Bn be better CEOs, increase the value of their companies, create more prosperity for their teams and community, and build generational wealth.
The program achieves this through interviews with successful CEOs, thought leaders, and top professionals serving mid-market companies.
The program focuses on topics that will help mid-market company CEOs (as well as those aspiring to be) build great companies and create more prosperity for everyone. Topics will include: culture, team effectiveness, leadership, industry trends, growth opportunities, compensation, succession, company valuation, execution of strategy, and how to build generational wealth.
The show is hosted by Gary Covert, founder of Gary Covert Consulting and partner in Lodestone Energy Partners.
Gary Covert Consulting acts as an advisor to CEOs and their senior leadership teams. Lodestone Energy Partners is a private equity firm that assists accredited investors and high net worth individuals diversify their portfolios with West Texas oil and gas legacy wells and minerals.
Sponsored by:
· Silverleaf Travel…luxury travel experience design and planning
· Lodestone Energy Partners…West Texas Oil & Gas passive cashflow
Leading Prosperity - A CEO Success and Wealth Podcast
Selling Your Company for Maximum Value
In this episode of Leading Prosperity, Gary Covert interviews Lena Dalbey, Managing Partner at LINK Capital, about the intricate process of selling a business. Lena shares expert advice on how business owners can prepare for successful exits, avoid common pitfalls, and maximize their company's value. From understanding due diligence to creating flexibility in deal structures, this conversation is a must-listen for any entrepreneur considering a transition.
- Preparation is key: Start planning at least a year or two before a potential sale to maximize value.
- The importance of strong financials: Well-organized and compliant financial systems are crucial for navigating due diligence and enhancing valuation.
- Team transition planning: Ensure clarity in equity agreements and maintain team engagement during the sale process.
- Flexibility in deal structures: Understand how consideration (cash, stock, etc.) can bridge valuation gaps and create mutually beneficial outcomes.
- Recurring revenue matters: Businesses with predictable income streams often receive higher valuations.
Whether you're years away from selling your business or actively considering an exit, Lena's insights will help you navigate the complexities of mergers and acquisitions. Gain practical advice on structuring deals, optimizing your business for sale, and creating a smooth transition for your team while securing the best possible outcome for yourself and your stakeholders.
Are you ready to maximize your company's value and transition successfully? Tune in to learn actionable strategies from a leading investment banking expert. Don't miss this opportunity to prepare your business for a successful exit—listen now!