SlideShare a Scribd company logo
1 of 3
Zusammenfassung:




20 RULES FOR BUSINESS OWNER S
„HOW TO BUILD UP A SELLABLE BUSINESS“
 Based on Start it, Sell it & Make a Mint; Joe John Duran, CFA




                                                                   Geschäftsmann 2.0
DIMENSIONS OF YOUR BUSINESS
                                         8. Aquisitions
           1. The Business Leader

                                              7. The Financials
     2. The Culture

                                      6. Sales and Marketing
    3. The People

                                  5. The Product
           4. The Operations




9. Preparing Your Business for Sale
10. The Negociation
11. Letting Go
                                                            Geschäftsmann 2.0
20 !
1.    Run the company like a business, not like a   11.   Referrals are the cheapest and most
      hobby                                               effective way to get clients
2.    Be what you want your company to              12.   Create a self-sustaining sales system
      become                                        13.   Pay attention to the cash, tomorrow's
3.    Delegate, don't abdicate                            profits won't pay today's bills
4.    Put people first, make them feel special      14.   Focus on generating recurring revenues
5.    Run your company as an open meritocracy       15.   Make acquisitions that are an extension of
6.    Hire people whose skills complement                 what you do
      yours, rather than mirror them                16.   Make yourself dispensable
7.    Skills can be learned, attitudes cannot       17.   Sell when things are going great
8.    Develop procedures that provied               18.   Reward the people that are important to
      consistency and predictability                      the transaction
9.    Provide differentiated products and           19.   Deals either ripen or not, so ABC (Always
      services; you cannot win the low cost               Be Closing)
      battle                                        20.   Be gracious and smile when you leave
10.   Identitfy and market to a niche




                                                                              Geschäftsmann 2.0

More Related Content

Similar to 20 rules for business owners setting up a sellable business

Presentation on enterprenuership
Presentation on enterprenuershipPresentation on enterprenuership
Presentation on enterprenuershipsaranya Saravanan
 
Mac Innis Marketing Presentation
Mac Innis Marketing PresentationMac Innis Marketing Presentation
Mac Innis Marketing PresentationMacInnis Marketing
 
Top Tips: Selling Your Business
Top Tips: Selling Your BusinessTop Tips: Selling Your Business
Top Tips: Selling Your BusinessJamesCaan
 
6 Tips to Small Business Success in 2010
6 Tips to Small Business Success in 20106 Tips to Small Business Success in 2010
6 Tips to Small Business Success in 2010Wink
 
10 Core Ideas for marketing in hard times
10 Core Ideas for marketing in hard times10 Core Ideas for marketing in hard times
10 Core Ideas for marketing in hard timesduncanwm
 
Shirlaws coaching ebookfull
Shirlaws coaching ebookfullShirlaws coaching ebookfull
Shirlaws coaching ebookfullAde Awokoya
 
Virtuoso: Consultative Selling in a Connected Age
Virtuoso: Consultative Selling in a Connected AgeVirtuoso: Consultative Selling in a Connected Age
Virtuoso: Consultative Selling in a Connected AgeMasterful Coaching
 
101 Essential Startup Tips
101 Essential Startup Tips101 Essential Startup Tips
101 Essential Startup Tipslauromarotta
 
Gumbo Business: 10 Lessons learned doing business in new orleans
Gumbo Business: 10 Lessons learned doing business in new orleansGumbo Business: 10 Lessons learned doing business in new orleans
Gumbo Business: 10 Lessons learned doing business in new orleansMogoVentures
 
The 25 Biggest Lesson in 25 Years as CEO
The 25 Biggest Lesson in 25 Years as CEOThe 25 Biggest Lesson in 25 Years as CEO
The 25 Biggest Lesson in 25 Years as CEOGina Danner
 
Master redesign creds
Master redesign credsMaster redesign creds
Master redesign credsDaveoneallen
 
Manage your Business Finances with QuickBooks
Manage your Business Finances with QuickBooksManage your Business Finances with QuickBooks
Manage your Business Finances with QuickBooksJohn Wessells
 
20 Lessons from 20 Years in the Staffing Industry
20 Lessons from 20 Years in the Staffing Industry20 Lessons from 20 Years in the Staffing Industry
20 Lessons from 20 Years in the Staffing IndustryHaley Marketing
 
20 Must Know Marketing Tips for Your Business
20 Must Know Marketing Tips for Your Business20 Must Know Marketing Tips for Your Business
20 Must Know Marketing Tips for Your Businessthemarketingdiv
 

Similar to 20 rules for business owners setting up a sellable business (20)

Presentation on enterprenuership
Presentation on enterprenuershipPresentation on enterprenuership
Presentation on enterprenuership
 
Mac Innis Marketing Presentation
Mac Innis Marketing PresentationMac Innis Marketing Presentation
Mac Innis Marketing Presentation
 
Top Tips: Selling Your Business
Top Tips: Selling Your BusinessTop Tips: Selling Your Business
Top Tips: Selling Your Business
 
6 Tips to Small Business Success in 2010
6 Tips to Small Business Success in 20106 Tips to Small Business Success in 2010
6 Tips to Small Business Success in 2010
 
10 Core Ideas for marketing in hard times
10 Core Ideas for marketing in hard times10 Core Ideas for marketing in hard times
10 Core Ideas for marketing in hard times
 
Shirlaws coaching ebookfull
Shirlaws coaching ebookfullShirlaws coaching ebookfull
Shirlaws coaching ebookfull
 
Ebookpreview
EbookpreviewEbookpreview
Ebookpreview
 
Ebookpreview
EbookpreviewEbookpreview
Ebookpreview
 
Bankrolling bigidea
Bankrolling bigideaBankrolling bigidea
Bankrolling bigidea
 
Virtuoso: Consultative Selling in a Connected Age
Virtuoso: Consultative Selling in a Connected AgeVirtuoso: Consultative Selling in a Connected Age
Virtuoso: Consultative Selling in a Connected Age
 
Angel Investing
Angel InvestingAngel Investing
Angel Investing
 
101 Essential Startup Tips
101 Essential Startup Tips101 Essential Startup Tips
101 Essential Startup Tips
 
Gumbo Business: 10 Lessons learned doing business in new orleans
Gumbo Business: 10 Lessons learned doing business in new orleansGumbo Business: 10 Lessons learned doing business in new orleans
Gumbo Business: 10 Lessons learned doing business in new orleans
 
The 25 Biggest Lesson in 25 Years as CEO
The 25 Biggest Lesson in 25 Years as CEOThe 25 Biggest Lesson in 25 Years as CEO
The 25 Biggest Lesson in 25 Years as CEO
 
Master redesign creds
Master redesign credsMaster redesign creds
Master redesign creds
 
Manage your Business Finances with QuickBooks
Manage your Business Finances with QuickBooksManage your Business Finances with QuickBooks
Manage your Business Finances with QuickBooks
 
Azci business plan development pulling it all together 2-2013 final
Azci business plan development   pulling it all together  2-2013 finalAzci business plan development   pulling it all together  2-2013 final
Azci business plan development pulling it all together 2-2013 final
 
20 Lessons from 20 Years in the Staffing Industry
20 Lessons from 20 Years in the Staffing Industry20 Lessons from 20 Years in the Staffing Industry
20 Lessons from 20 Years in the Staffing Industry
 
20 Must Know Marketing Tips for Your Business
20 Must Know Marketing Tips for Your Business20 Must Know Marketing Tips for Your Business
20 Must Know Marketing Tips for Your Business
 
Marketingtips v2
Marketingtips v2Marketingtips v2
Marketingtips v2
 

Recently uploaded

Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...amitlee9823
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangaloreamitlee9823
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayNZSG
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsMichael W. Hawkins
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...Aggregage
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...amitlee9823
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 

Recently uploaded (20)

Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service BangaloreCall Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
Call Girls Hebbal Just Call 👗 7737669865 👗 Top Class Call Girl Service Bangalore
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
HONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael HawkinsHONOR Veterans Event Keynote by Michael Hawkins
HONOR Veterans Event Keynote by Michael Hawkins
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
Call Girls Jp Nagar Just Call 👗 7737669865 👗 Top Class Call Girl Service Bang...
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 

20 rules for business owners setting up a sellable business

  • 1. Zusammenfassung: 20 RULES FOR BUSINESS OWNER S „HOW TO BUILD UP A SELLABLE BUSINESS“ Based on Start it, Sell it & Make a Mint; Joe John Duran, CFA Geschäftsmann 2.0
  • 2. DIMENSIONS OF YOUR BUSINESS 8. Aquisitions 1. The Business Leader 7. The Financials 2. The Culture 6. Sales and Marketing 3. The People 5. The Product 4. The Operations 9. Preparing Your Business for Sale 10. The Negociation 11. Letting Go Geschäftsmann 2.0
  • 3. 20 ! 1. Run the company like a business, not like a 11. Referrals are the cheapest and most hobby effective way to get clients 2. Be what you want your company to 12. Create a self-sustaining sales system become 13. Pay attention to the cash, tomorrow's 3. Delegate, don't abdicate profits won't pay today's bills 4. Put people first, make them feel special 14. Focus on generating recurring revenues 5. Run your company as an open meritocracy 15. Make acquisitions that are an extension of 6. Hire people whose skills complement what you do yours, rather than mirror them 16. Make yourself dispensable 7. Skills can be learned, attitudes cannot 17. Sell when things are going great 8. Develop procedures that provied 18. Reward the people that are important to consistency and predictability the transaction 9. Provide differentiated products and 19. Deals either ripen or not, so ABC (Always services; you cannot win the low cost Be Closing) battle 20. Be gracious and smile when you leave 10. Identitfy and market to a niche Geschäftsmann 2.0