Getting The Most Money From and For Your Business – Shola Abidoye

by | Sep 1, 2015 | General

Listen To the Full Episode Here: http://www.getjimpalmer.com/getting-most-money-from-and-for-your-business-shola-abidoye/   Stick Like Glue Radio #166 On this special episode of Stick Like Glue Radio, I interview entrepreneur, private equity investor and author, Shola Abidoye. Shola shares some great information about how to scale a sales funnel and prepare your business for sale – for the most amount of profit! Don’t miss this show. On this special episode of Stick Like Glue Radio, I interview entrepreneur, private equity investor, and author, Shola Abidoye. Shola shares some great information about how to scale a sales funnel and prepare your business for sale – for the most amount of profit! Don’t miss this show! Main Questions Asked: Talk about VC funded companies. When you talk about being a ‘professional entrepreneur,’ do you mean someone who is focused on the numbers and setting up sales funnels? When should you start planning to sell your business? How should business owners look at their time and financial investment? Do investors look at the sweat equity that owners put in? How does an entrepreneur set up CRSP without hiring someone to do if for them? Why is not having an exist plan robbing 50% of your company’s wealth? Key Lessons Learned: Venture Capitalists & Entrepreneurs When a venture capitalist plans to invest in a company, they have one key question, “If I put in x amount of money, when am I going to get back x multiplied, and by when?” Private business owners don’t really think about the personal investment of time and money in the same way as a VC. Entrepreneurs When entrepreneurs start tracking the investment...