271: How to Exit Your Business In Record Time with Christine McDannell

Have a question for Darrell? Text the show here.

Want to turn AI and digital disruption into your competitive advantage as a service-based business? Join the MindShift Inner Circle. 

Want help to market, grow, and scale your business? Schedule a free strategy session.

In this episode:

What are the key factors for a successful business exit? How can first-time business buyers escape corporate life post-COVID? In this episode, I'm discussing these questions and more with guest Christine McDannell, principal of the Magnolia Firm. Christine shares her extensive expertise in buying, selling, and exiting businesses, offering valuable insights into the complexities of the M&A industry and the challenges faced by e-commerce businesses. This episode provides a wealth of knowledge for anyone looking to navigate the world of business acquisition and exit strategies.

In this episode, you will:

1. Gain insights into the process of buying profitable businesses using OPM (other people's money) and the challenges and benefits associated with it.
2. Discover the key factors for a successful business exit, including the importance of removing the owner from the business, maintaining a good reputation, and managing profits.
3. Hear about the challenges faced by ecommerce businesses, particularly in light of the iOS update and its impact on retargeting ads and lead generation.

Full Show Notes Here!

Connect with Christine McDannell

Website

LinkedIn

Revolutionize your marketing with AI in a community of established founders and CEOs. Join the MindShift Inner Circle today and stay ahead of the curve!

If you enjoyed this episode, please consider leaving us a rating and review on Apple Podcasts or Spotify. Your feedback helps us more than you know.