Building to Sell: Business Brokerage and Alternative Investments
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Building to Sell: Business Brokerage and Alternative Investments
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Building to Sell: Business Brokerage & Alternative Investments | The Mills Knows Bills Podcast EP 47, Season 6
Link to video podcast episode: https://youtu.be/iPFpeWQX9Sk
Welcome to Season 6 of The MKB Podcast! Host Mills Bender, founder and CEO of Mills Knows Bills, discusses strategies for business owners and variable income earners to manage their finances effectively. Let's get to those burning financial questions!
In this insightful episode, Mills dives deep into the world of business brokerage and alternative investments with special guest, Carey Sobel from Boss Group International. They discuss the emotional process of selling a business, the importance of having a growth and exit strategy, and how Coastal Investment Company provides unique alternative investment opportunities tailored for business owners looking to maximize their returns. Whether you're a business owner aiming to exit or an accredited investor interested in alternative assets, this episode is packed with valuable insights to help you master your financial journey.
To connect with Carey:
careys@bossgi.com (Boss Group International)
carey@coastalinvco.com (Coastal Investments)
Do you have your own burning financial question for Mills or the MKB team?
Email: info@MillsKnowsBills.com
Website: https://MillsKnowsBills.com
Instagram: https://instagram.com/@millsknowsbills
LinkedIn: https://www.linkedin.com/company/mills-knows-bills
Subscribe for the latest podcast episodes and more from MKB on YouTube @MillsKnowsBills
00:00 Introduction to Mills Knows Bills
00:58 Meet Carey: A Special Guest
01:54 Carey's Background and Career
05:05 Understanding Business Brokerage and M&A
09:39 Challenges and Strategies for Business Owners
13:45 The Importance of Financial Planning
20:14 Diverse Business Ventures and Lessons Learned
22:18 Realizing the Passion for Helping Others Exit Businesses
23:20 The Emotional Process of Selling a Business
24:06 The Importance of Education and Negotiation in Business Sales
25:17 The Role of Business Brokers and Financial Institutions
27:47 Advice for Business Owners on Financials, Operations, and Marketing
35:32 The Value of Diversified Investments and Coastal's Approach
45:37 Conclusion and Contact Information
#millsknowsbills #businessfinance #entrepreneurialfinance #businessbrokerage #alternativeinvestments #businesssales