Make It Happen podcast

(56) From Passion to Profit: How I Sold My First Business For Millions after 18 months with Shelley from Kakapo Business Sales

2025-02-10
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28:51
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Summary

In this episode of the Make It Happen podcast, host Iyia and business broker Shelley discuss the intricate process of building, scaling, and selling businesses. Shelley shares her personal journey from running her own import business to becoming a successful business broker, emphasising the importance of planning and preparation for a successful sale. The conversation covers key topics such as the selling process, common mistakes made by sellers, the significance of consistency in business operations, and the advantages of working with a broker to maximize sale value.

Takeaways

  • Building a business with the intention to sell can lead to better planning.
  • Setting clear goals for business growth is essential.
  • Understanding market conditions is crucial for timing a sale.
  • Having clean financial records significantly increases business value.
  • Marketing and branding play a vital role in attracting buyers.
  • Consistency in business operations is key to maintaining value.
  • Utilizing a business broker can lead to higher sale prices.
  • E-commerce businesses are currently in high demand.
  • Moms often start businesses for flexibility and work-life balance.
  • The appraisal process is a valuable first step in selling a business.


Keywords

business sales, entrepreneurship, business broker, selling businesses, women in business, e-commerce, business valuation, business growth, marketing strategies, business mistakes


https://kakapobusiness.co.nz/agent/shelleymay

www.makeithappen.org.nz


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