Bea · Entrepreneurship & Business
Built to Sell
by John Warrillow
Three key ideas
- A buyer checks whether the value of the business survives the owner's departure.
- A process others can learn makes value easier to transfer, and a clear specialty helps set the offer apart.
- Repeatable revenue recurs because customers have an ongoing or recurring need.
The five 2-minute lessons
- 1.Build a business that works without you
- 2.Teachable and valuable, both
- 3.Repeat revenue needs a real need
- 4.Specialize, but don't lean on one client
- 5.Prove it works without you
From the comic
Two days off! The manual says call me for everything.
More from Entrepreneurship & Business
ShortcutStories is not affiliated with the author or publisher.
