Episode #826
How Much Is Your Business Worth (And How Do You Sell It)?
November 04, 2018

In episode #826, we discuss if you should sell your business and how. Tune in to hear what you should consider before selling your business and what steps to take in order to do so.

We have committed to throwing a FREE Marketing School Live Event in Los Angeles, once Marketing School reaches 1M downloads in a 30 day period. Take action: Rate, review, subscribe, and SHARE. Check the progress here!

TIME-STAMPED SHOW NOTES:

  • [00:27] Today’s Topic: How Much Is Your Business Worth (And How Do You Sell It)?
  • [00:40] There are a couple of websites that can help you with valuation.
  • [00:48] Digital Exits has different calculators to use.
  • [01:07] FEInternational publishes a lot of different content.
  • [01:25] If you want to sell your site, but aren’t sure what it’s worth, check out Empire Flippers or Flippa.
  • [01:30] These sites will also tell you how much similar sites are worth.
  • [02:01] BizBuySell is another great resource.
  • [02:12] These sites have a lot of inventory you can check out.
  • [02:30] If you have a business that’s worth any sort of money, keep in mind that there is a recession on the horizon.
  • [02:55] Ask yourself if you want to sell at the peak and then buy back at a low point.
  • [03:21] Adventures is a resource Eric recommends.
  • [03:53] Ask yourself if you love your business. If you don’t see long-term potential, go find something you love instead.
  • [04:33] Research website brokers to find the right one.
  • [04:44] You can also find someone to run your business for you as an alternative.
  • [05:00] That’s it for today!
  • [05:10] Go here to see how many downloads the show is getting. Also rate and review to help us meet our goal of 1 Million downloads per month. Hopefully, we’ll see you at the live event in L.A.!

Leave some feedback:

  • What should we talk about next? Please let us know in the comments below.
  • Did you enjoy this episode? If so, please leave a short review.

Connect with us:

Discover Latest Episodes

Episode
Google’s huge flop with woke Gemini, Google’s search results getting worse, and Google News Showing Political Bias
February 27, 2024

In episode #2686, we delve into the issue of political bias in Google News and its implications on the information people consume. We refer to a study conducted by AllSides, revealing that 61% of the ...

Episode
What’s Changing in Paid, Brandformance vs Performance Marketing, It’s Impossible to Track the Customer Cycle & more
February 26, 2024

In episode #2685, Eric Siu, Neil Patel, Ralph Burns, and Kasim Aslam discuss the latest trends and changes in the world of paid advertising. The conversation delves into the need for marketers to take...

Episode
How I bought a podcast, The valuation of podcasts, The risk of being overtaken & more
February 23, 2024

In episode #2684, we delve deep into the value of podcasting, particularly from an M&A perspective as our guest, Ralph Burns, discusses purchasing a podcast and its impact on business. ...