A philosophy of “run your company today as though you are going to sell it tomorrow” provides a robust mental framework within which entrepreneurs should operate. This approach facilitates leaders to focus on creating a business which benefits from profitable and sustainable growth – delivering shareholder returns which leads to individuals moving closer to liberation and ultimately financial freedom. Embracing this mindset delivers better performance and enhanced shareholder returns as a minimum and indeed a company in good shape should a potential buyer or investor emerge.
Experience shows that those entrepreneurs who benefit from many years of hard labour, have built a business on solid foundations making their asset attractive to a third party.
This third party could be:
- Trade buyer
- Venture capitalist or private equity house
- An angel investor
- Management team looking to do an MBO