Buyable: Your Guide to Building a Self-Managing, Fast-Growing, and High-Profit Business
Preda, Steve I.
Synopsis "Buyable: Your Guide to Building a Self-Managing, Fast-Growing, and High-Profit Business"
TURN YOUR BUSINESS INTO A VEHICLE TO REACH YOUR IDEAL LIFEDo you own a business that isn't living up to its potential? Are you feeling frustrated by your company's lack of growth, profit, or value creation? Do your employees wait for you to make decisions, instead of driving your organization forward?If you are facing one or more of the above scenarios, Buyable shows you a way out of this joyless rut. You can remodel your business into a self-managing, fast-growing, and highly profitable enterprise that allows you to live the life that you desire.The secret is to build Buyability into your business-and to do it before your company succumbs to the natural forces working against its success. When you consider that the life span of the average small business is less than nine years, that most companies never mature into the valuable businesses their owners intend, and that only 1 in 10 ventures ever finds a buyer, you can understand why it's urgent that you transform your organization into a Buyable Business now.The good news is that any viable enterprise can be turned into a Buyable Business, by methodically following the guidance laid out in this book. And when you finally own that Buyable Business, you may find you never want to part with it.Keep or sell, Buyable shows you the fastest, straightest, and simplest route to Buyability.By reading Buyable you will learn: - Why you need to build a Buyable Business regardless of whether you ever consider parting with it.- The difference between proactive and reactive entrepreneurs and how their approach determines their financial and emotional success.- How to design the ideal future state of your business, from which you can reverse-engineer the steps to getting there.- How to determine your personal financial goals, which your business should help you achieve.- How to estimate the value of your business right now and how you can determine the value your company must be worth in the future to allow you to harvest the cash you need for your Next Chapter- Your Ideal life.- The Seven Management Concepts that you need to master to orchestrate your business into a well-oiled machine.- What a Management Blueprint is, the major principles involved, and how to pick one that is right for you.- 10 Management Blueprints that can help you create the vision alignment, execution, and team cohesion needed to build a self-managing, growing, high-profit, and talent-attracting business.- A recipe for mastering the basics components of your business so that you avoid landmines that could impede its future buyability.- What the major value drivers of your business are, and how to engineer them into your company to create the most value in the shortest time.- The ways to groom your business into a product that attracts investors and buyers who will value it highly.- How you can harvest your business, with or without selling it, to achieve financial security, your desired lifestyle, and the purposethat drives you.- What your potential future roles in the business are and how to pick the one that fits your needs and personality.
