This webinar discusses business end games and provides strategies for either selling a business or creating passive income streams. The webinar is hosted by Nathan McDonald and Russell McVey. They discuss replacing yourself in the business, systematizing operations, maintaining financial records, and determining if the business can run without the owner's involvement as important steps to prepare a business for sale. Creating passive income requires similar preparations along with understanding why an owner wants to step back. The presenters note the differences between selling and passive income options and advise business owners to know their end game and have patience on their journey to business mastery.
3. YOUR HOST
Nathan McDonald
Chief Business Instructor and
Founder of Black Belt
Business
3rd Degree BB and Instructor
Business End Game Specialist
4. YOUR SPECIAL GUEST
Russell McVey
Director of Business
Brokers Network
Business Broker & Business
Valuer
Passion: Helping business
owners achieve the most
for their business
20. BIGGEST MISTAKE
Typical Business The Self Managed
Owner Business Owner
1. Customer 1. Themselves
2. Family 2. Family
3. Team 3. Team
4. Themselves 4. Customers
21. BIGGEST MISTAKE
Typical Business The Self Managed
Owner Business Owner
1. Customer 1. Themselves
2. Family 2. Family
3. Team 3. Team
4. Themselves 4. Customers
27. SELL - RUSSELL MCVEY
1. Replace Yourself
2. Systemise and Document all Facets of the Business
28. SELL - RUSSELL MCVEY
1. Replace Yourself
2. Systemise and Document all Facets of the Business
3. Maintain Excellent Financial Records and Develop Key
Indicators that can be tracked monthly that will
provide a health check of your business
29. SELL - RUSSELL MCVEY
1. Replace Yourself
2. Systemise and Document all Facets of the Business
3. Maintain Excellent Financial Records and Develop Key
Indicators that can be tracked monthly that will
provide a health check of your business
4. Determine the productivity of your team. ie Do they
work without you?
30. SELL - RUSSELL MCVEY
1. Replace Yourself
2. Systemise and Document all Facets of the Business
3. Maintain Excellent Financial Records and Develop Key
Indicators that can be tracked monthly that will
provide a health check of your business
4. Determine the productivity of your team. ie Do they
work without you?
5. Understand why you are selling.
37. PASSIVE INCOME
1. Replace Yourself
2. Systemise and Document all Facets of the Business
3. Maintain Excellent Financial Records and Develop Key
Indicators that can be tracked monthly that will
provide a health check of your business
38. PASSIVE INCOME
1. Replace Yourself
2. Systemise and Document all Facets of the Business
3. Maintain Excellent Financial Records and Develop Key
Indicators that can be tracked monthly that will
provide a health check of your business
4. Determine the productivity of your team. ie Do they
work without you?
39. PASSIVE INCOME
1. Replace Yourself
2. Systemise and Document all Facets of the Business
3. Maintain Excellent Financial Records and Develop Key
Indicators that can be tracked monthly that will
provide a health check of your business
4. Determine the productivity of your team. ie Do they
work without you?
5. Understand why you want out.
61. PTBM - INCLUDES
Complete Syllabus
Weekly Step By Step Videos and Resources
Work Books
1 Hour Consult with a Business Instructor
62. PTBM - INCLUDES
Complete Syllabus
Weekly Step By Step Videos and Resources
Work Books
1 Hour Consult with a Business Instructor
Unlimited Email Support
63. PTBM - INCLUDES
Complete Syllabus
Weekly Step By Step Videos and Resources
Work Books
1 Hour Consult with a Business Instructor
Unlimited Email Support
Complete Access to the Business Resources
64. PTBM - INCLUDES
Complete Syllabus
Weekly Step By Step Videos and Resources
Work Books
1 Hour Consult with a Business Instructor
Unlimited Email Support
Complete Access to the Business Resources
Live Fortnightly Q&A
65. PTBM - INCLUDES
Complete Syllabus
Weekly Step By Step Videos and Resources
Work Books
1 Hour Consult with a Business Instructor
Unlimited Email Support
Complete Access to the Business Resources
Live Fortnightly Q&A
4 Onsite Workshops a Year
66. PTBM - INCLUDES
Complete Syllabus
Weekly Step By Step Videos and Resources
Work Books
1 Hour Consult with a Business Instructor
Unlimited Email Support
Complete Access to the Business Resources
Live Fortnightly Q&A
4 Onsite Workshops a Year $297 Per Month