In this solo episode of the Built Different podcast, host Stephen Pettigrew tackles the frequently asked question of how to sell a business for a life-changing sum of money. Stephen highlights the importance of tracking financials, including maintaining management accounts, cash flow forecasts, and sales forecasts. He stresses the need for a second-tier management team and having predictable, consistent sales strategies in place. Stephen also shares real-life examples and offers further resources for those interested in detailed guidance, encouraging listeners to reach out via LinkedIn and subscribe to the podcast for more insightful content.

Find My Socials Here: https://linktr.ee/stevenpettigrewinvestor

Time Stamps:

00:00 Introduction to Selling Your Business

00:19 Key Fundamentals Buyers Look For

00:24 Importance of Financial Tracking

00:51 Case Study: The Edinburgh Business

01:29 Building a Second-Tier Management Team

02:13 Ensuring Predictable Sales

02:38 Conclusion and Further Resources

Building a Media Empire: The Journey and Insights of Jolly Media Marketing This podcast episode features an in-depth conversation with Brian and Barry, owners of Jolly Media Marketing, as they recount their entrepreneurial journey. They discuss the early days of setting up their marketing agency, the challenges they faced, and their strategies for growth. The duo emphasizes the importance of partnership, learning on the job, and their passion for podcasting. The episode also touches on recent changes in the UK budget, especially those affecting businesses and entrepreneurs. A must-listen for aspiring business owners and marketers, the conversation is both inspiring and practical in its advice.

Find My Socials Here: https://linktr.ee/stevenpettigrewinvestor

Jolly Media Marketing: https://jollymediamarketing.com

Time Stamps:

00:00 Introduction and Initial Thoughts

01:11 Podcasting Challenges and Learning Curves

02:30 Starting the Show: Welcoming Guests

05:03 Brian's Journey: From School to Business

09:06 Barry's Path: From Insurance to Marketing

12:38 Building Jolly Media Marketing

15:04 Overcoming Early Business Struggles

19:00 Partnership Dynamics and Business Growth

27:48 Advice for Aspiring Entrepreneurs

39:36 The Value of Business Partnerships

42:00 Long-Term Goals for Jolly Media Marketing

43:06 Challenges and Strategies in Scaling Up

47:00 The Journey into Podcasting

51:12 Insights and Advice for Aspiring Podcasters

56:30 Discussing the UK Budget

01:10:56 Wrapping Up and Contact Information