Set Your Goals and Valuations

Start with Clarity: What's Your Million-Dollar Vision?

Imagine standing on the brink of something monumental. What if you could define your business's future with laser-like precision? This isn't just about dreaming big—it's about setting clear, actionable goals that will guide every decision you make. Are you ready to map your journey to a business that not only thrives but is also primed for a lucrative sale?

Your Financial Blueprint: What's Your Number?

Let's get real. When you think about selling your business, what number pops into your head? For me, it's simple: "I wouldn't sell my company for less than $100 million." But what's your threshold? Finding your number isn't just a fantasy—it's your blueprint for success.

Timeframe Matters: How Long Will It Take?

Picture this: you've mapped out your ideal exit strategy, but how long are you willing to wait? Will it be five years? Ten? Establishing a timeline is crucial. This isn't just a plan; it's a commitment to your future.

Legacy: What Do You Want to Leave Behind?

Think about your legacy. What do you want people to remember about your business? If your goal is to build something that lasts, make that a core part of your vision. Would you want your business to be acquired by a high-respected company, or are you ready to walk away from it all?

What's Your Business Worth?

Understanding your business's value is vital. Most small businesses sell for a multiple of revenue or profit. For instance, did you know that media companies can fetch anywhere from 10 to 12 times their profit? Imagine if your business could reach that level! What's the plan to bridge the gap between your dream valuation and reality?

The Path Forward

The path to achieving your financial goals isn't always straightforward. What if market conditions change, or if your business faces unexpected hurdles? How will you adapt?

Ready to Dive Deeper?

As we explore the next ingredients, you'll learn how to build a business that not only meets your valuation but exceeds it. Are you prepared to take the next step? The journey to building a multi-million-dollar business starts with setting your goals. Let's make them count!