logo
episode-header-image
Oct 2023
27m 30s

Lessons From Selling My Businesses for $...

Leila Hormozi
About this episode

“It's a commitment to the process.” Today, Leila (@LeilaHormozi) shares the lessons she learned from selling three businesses in the last year, the process of selling a business and the valuable insights she gained from the experience.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

Timestamps:

(2:07) Knowing what you're selling.

(3:08) Strategic vs Financial Buyers.

(6:37) Dilution clauses and voting rights.

(7:01) Anti-dilution and voting rights.

(10:14) Non-compete agreements.

(12:53) Planning post-sale vacation challenges.

(16:38) Don't major in the minors.

(18:31) Uncertainty during company sale.

(22:36) Understanding a banker-led sale.

(23:40) Using a banker for selling your business

Follow Leila Hormozi’s Socials:

LinkedIn | Instagram | YouTube | TwitterAcquisition 

Up next
Yesterday
5 Behaviors Quietly Killing Your Executive Presence | Ep 313
In this episode, Leila (@LeilaHormozi) breaks down the five common behaviors that quietly kill executive presence and exactly what to do instead. From overexplaining and nervous fidgeting to avoiding hard conversations, she shares the practical shifts that turn scattered communic ... Show More
12 m
Aug 22
Throwback: Why Positive Reinforcement Works Better Than Punishment | Ep 312
In this throwback episode, Leila (@LeilaHormozi) explains why most accountability systems fail and how to implement one that actually sticks. She breaks down the difference between tactical and developmental accountability, shows why reinforcement is the missing link, and shares ... Show More
13m 54s
Aug 20
6 Tactics That Teach People to Respect You | Ep 311
In this episode, Leila (@LeilaHormozi) shares six powerful tactics to command respect without begging for it. From setting non-negotiable standards to walking away from toxic environments, Leila looks at how self-respect sets the foundation for how others treat you.Want to scale ... Show More
18m 19s
Recommended Episodes
Jun 2024
Your Business Is NOT What You Think It is | Ep 724
“People don’t know the actual business they’re in.” Today, Alex (@AlexHormozi) dives into the core elements driving business success, emphasizing the significance of sales, marketing, brand, media, and distribution. Using real-world case studies, he illustrates strategic pivots a ... Show More
42m 4s
Jan 2024
99% of Businesses Fail Over a Long Enough Time Horizon | Ep 663
“I think most people miss is that they don't even know the hats that they are wearing.” Today, Alex (@AlexHormozi) talks about the importance of transitioning from selling your services to selling your business and making your business a sellable asset. He discusses the key aspec ... Show More
16m 31s
Sep 2023
Lessons Learned from Investing in 22 Companies (Pt.2) | Ep 609
“The way you act during the deal process is a great predictor for us or a great measuring stick for us to see how you're gonna act afterwards.” Today, Alex (@AlexHormozi) discusses the importance of being founder-friendly in investment decisions and prioritizing the qualities of ... Show More
54m 51s
Jan 2024
Selling a Small Business Unit
Michael Frankel, Founder and Managing Partner of Trajectory Capital When times are good, big companies tend to ignore their smaller business units, as they operate smoothly on their own. It is only when the economy gets tough that these little businesses get more attention, and o ... Show More
53m 3s
May 2024
What It Really Takes to Grow Your Business | Ep 716
“All businesses have sh*t. The challenge is knowing which sh*t you're willing to deal with.” Today, Alex (@AlexHormozi) delves into the crucial aspect of truly understanding your business's core challenges and its nature to unlock substantial growth. He emphasizes the disparity b ... Show More
29m 28s
May 2024
Lessons Learned from Failed Partnerships | Ep 712
"You have to be able to allocate time money effort into the thing that's get you the most back.” Today, Alex (@AlexHormozi) shares valuable insights past failed partnerships, emphasizing the importance of equity, contributions, and disciplined profit generation for business succe ... Show More
11m 44s
Feb 2024
I Helped 6 Business Owners Overcome Their Fear of Failure | Ep 672
“It's not about how hard you can hit, but it's about how hard you can get hit and keep going forward.” Today, Alex (@AlexHormozi) answers questions of entrepreneurs as they share their personal experiences, obstacles, and solutions faced in their respective entrepreneurial journe ... Show More
38m 34s
Jun 2024
How to Build a Valuable Business You Can Sell Someday | Ep 726
"Keep the Goose, Sell the Eggs." Today, Alex (@AlexHormozi) shares a valuable framework for understanding if your business is sellable, and if it has multiple components of it, which could be the most valuable aspects of it to sell. Welcome to The Game w/Alex Hormozi, hosted by e ... Show More
19m 54s
May 2024
The Entrepreneurial Journey | Ep 705
“It is always uncomfortable because the thing that you are now holding onto is the thing that you have to give up.” Today, Alex (@AlexHormozi) shares valuable insights on managing the delicate balance between control and delegation in the entrepreneurial journey, drawn from his e ... Show More
11m 2s
Oct 2023
The Art Of Building A Business To Sell | John Warrillow (Replay)
In this episode of the Millionaire Mindcast, we have an superb guest John Warrillow who shares a lot of valuable insights on strategies and ways to pull your business in a position to extract the most value out of it, why growing revenue is not always being the most important thi ... Show More
1h 4m