STRATEGY CALL

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." 
Robert Gauvreau

Why You Should Exit While You’re Ahead – A Cautionary Tale

The very best time to sell your business is when someone wants to buy it. While it can be tempting  to continue to grow your business forever – particularly when things are going well --...

Continue Reading...
The Anatomy of a Successful Exit

Stephanie Breedlove started Breedlove & Associates in 1992 as a way to pay her nanny.  The big payroll processors weren’t interested in dealing with one person’s wages...

Continue Reading...
Successful Entrepreneurs Can Be The Doer And The Dealmaker

Where do you sit on the doer vs. dealmaker continuum? On one hand, you have business owners who are really good operators. They have a plan, know their numbers and work that plan. They look for...

Continue Reading...
Stop Selling Your Time

If your goal is to build a more valuable company, stop selling your time. 

Billing by the hour or day means customers are renting your time rather than buying a result, which means that your...

Continue Reading...
Six Power Ratios to Start Tracking Now

Doctors in the developing world measure their progress not by the aggregate number of  children who die in childbirth, but by the infant mortality rate – a ratio of the number of...

Continue Reading...
Raising Your Business Like a Child

Why did you decide to become an entrepreneur? 

If you’re like most owners, you aspire to have the freedom that comes from owning  your own business: 

  •  The freedom to...
Continue Reading...
Protecting Against the End Run

A football defensive coordinator needs to protect against an “end run,” a tactical play where  your opponent sends the running back wide around the offensive line to try to evade...

Continue Reading...
One Way To Decide When To Sell

How do you know the right time to sell your company? One answer to this age-old question is that the time to sell is when someone else is willing to invest more in your business than you are. ...

Continue Reading...
One Tweak That Can (Instantly) Add Millions To The Value Of Your Business

If you’re trying to figure out what your business might be worth, it’s helpful to consider what  acquirers are paying for companies like yours these days. 

A little internet...

Continue Reading...
Run Your Business Like You’re Going on Maternity (or Paternity) Leave

How well does your company run when you don’t show up for work?  

The answer to this question has a significant impact on the value of your business. Suppose your  company...

Continue Reading...