Ep 24: Part One: Managing Successful Exits from Your Business with Dave Sutton

At the forefront of marketing services and strategies, you’ll find serial entrepreneur and author Dave Sutton. Dave joins the show today to share insight from his wealth of experience in founding, growing, and selling companies. He has so much to share that we split this conversation into two episodes! In this first segment, we will be focusing on mindset and planning your exit for financial independence.

Listen in as Dave talks about how the entrepreneurial mindset works, as well as the differences in mindset and goals when it comes to being a serial entrepreneur. You will learn how to decide whether to sell your business, what you need to know in order to determine when to sell, and more.

What You’ll Learn:

• How to find your way into the right workspace for your specific strengths.
• The mindset of an entrepreneur and how that differs between types of entrepreneurs.
• The difference between being a serial entrepreneur and a lifestyle business owner.
• How to know whether you should sell your business—and why.
• What you need to know about timing when you are going to sell your business.
• Understanding when in your journey you should be figuring out financial independence and liquidity.

Ideas Worth Sharing:

• “Being an entrepreneur is characteristic of people who are somewhat uncomfortable with the status quo. They like change. They like to see things get better. They have ideas. They have vision.” –  Dave Sutton
• “Every project is a new experience.” –  Dave Sutton
• “We all naturally gravitate toward the skills where we feel most comfortable, but sometimes we have to push ourselves outside the box and tackle things that aren’t in our sweet spot.” –  Dave Sutton

Resources:

• Dave Sutton: LinkedIn
• Blue Rhino Capital
• Cannon Carr: LinkedIn
• CornerCap