The Wealthy Entrepreneur Blog
"Successful entrepreneurs are not satisfied with status quo. They are constantly looking for new opportunities to improve their current situation and increase their impact."Â
Robert Gauvreau
Have you ever wondered why startup companies stop growing? Sometimes they run out of potential customers to sell to or their product starts losing market share to a competitor, but there is often a mo...
Recurring revenue makes your company more predictable, extends the lifetime value of a customer and ultimately makes your business more valuable. If you’re unsure how to create these automatic sales, ...
If you decide to sell your business to an outside acquirer, you’re going to have to decide between a financial and a strategic buyer—understanding the different motivations of these two buyers can be...
Companies like Netflix, UrthBox, and Amazon are leveraging the subscription business model to discover what their customers want next.Â
In a traditional business, the customer buys your product or se...
We get to see a lot of company founders who are contemplating an exit. Some of our customers get lucky early in life, but in the vast majority of examples where a founder is getting a seven- or eight...
The value of your business comes down to a single equation: what multiple of your profit is an acquirer willing to pay for your company?Â
profit Ă— multiple = value Â
Most owners believe the best way...
You've likely heard the adage that it is far easier to cross-sell an existing customer a new product than it is to find a new customer. Â
And if your goal is to grow at all costs, then cross-selling...
Are you tempted to re-sell someone else’s product to boost your topline revenue? Â
On the surface, becoming a distributor for a popular product can appear to be a simple way to grow your sales—simpl...
One of the core principles of creating a more valuable business is ensuring it can run  without you by getting managers to think like owners. Â
The theory goes that empowered employees are the best p...
One of the biggest mistake owners make in selling their company is being lured into a  proprietary deal.Â
The Definition Of A Proprietary DealÂ
Acquirers land a proprietary deal (or “prop deal”) whe...
