Dr. Mike Metzger, Founder and Director of the Clapham Institute, joins LAB: The Podcast for a conversation on exile, the church and the role of imagination in the next 50 years. Dr. Metzger’s wisdom and humility are a welcome gift. Don’t miss the opportunity to join this important conversation. You can learn more about the Clapham Institute at www.claphaminstitute.org.
Prepping your Business To Sell: Interview with Mike Metzger, Murphy Business Sales
A lot of you plan to sell your business one day. However, the odds of successfully selling your business are against you. Did you know that there are ways to stack the odds of selling successfully in your favor? Today Mike Metzger of Murphy Business Sales and I discuss the steps that you can take to prepare your business to go on the market. We look at the things that you can do to build value in your business. We discuss the most common mistakes that business owners make when putting their business on the market. Mike and I want you to know what you don’t know. What you don’t know can definitely hurt your business. Finally, Mike and I share our recommendations for steps that you can take to prepare your business to sell, and then integrate successfully once it’s sold. I think you’re going to want to take notes! SHOW OBJECTIVES: THE WHY 4 out of 5 businesses that go up for sale, don’t successfully sell. Of the businesses that close the deal, 80% fail to integrate successfully. 73% of business owners are unhappy with the results of the sale of their businesses 1 year out from the close. Over 60% of business owners are planning to use the proceeds from the sale of their business to fund their retirements. KEY ISSUES: Problems You May Encounter: Owners don’t really know how much their business is worth. Owners have built the entire business around the owner. Owners have failed to build value within their business - value to a prospective buyer, that is. Owners fail to run the business successfully once the transaction occurs. Owners don’t get the timing right. Owners don’t have the right advisors. Owners don’t have a communication plan for their team and word leaks. What You Need To Do - THE HOW Get a valuation by an independent source. Consult your financial planner to determine the amount you need to live comfortably in retirement. Could you manage an earn out, or reinvest as minority owner? If so, for how much? Develop relationships with a broker, attorney and accountant who have this kind of expertise. Take a 2 week vacation and don’t contact the shop. Use this as a stress test. Anything that “broke” while you were gone was a weak point that needs shoring up. Find out what the steps are and what the process looks like for your business. Conduct an inventory, a cash flow analysis, account receivables over 90 days are considered a lost cause. Collect on those ahead of time. Consider the “curb appeal”. Clean and spruce up ahead of time. Prepare your team, and your customers, for transition. It will cost you if your key performers/customers up and leave once the deal is closed. Resources: Mike Metzger, Murphy Business Sales, firstname.lastname@example.org, or 1-804-617-6328. Connect with Mike on LinkedIn here. Visit my website, to get your free downloads here --- Send in a voice message: https://anchor.fm/ascendcoachingsolutions/message
Prepping Your Business To Sell Mike Metzger, Murphy Business Sales
Catalytic Conversation$ with Wendy Dickinson
A lot of you plan to sell your business one day. However, the odds of successfully selling your business are against you. Did you know that there are ways to stack the odds of selling successfully in your favor? Today Mike Metzger of Murphy Business Sales and I discuss the steps that you can take to prepare your business to go on the market. We look at the things that you can do to build value in your business. We discuss the most common mistakes that business owners make when putting their business on the market. Mike and I want you to know what you don’t know. What you don’t know can definitely hurt your business. Finally, Mike and I share our recommendations for steps that you can take to prepare your business to sell, and then integrate successfully once it’s sold.
Today we talk to a very special man in my Entrepreneurial journey Mike Metzger. What an incredible story he has and help he is to so many! Mike Metzger started training in the martial arts in 1983. After many years of training, he opened his first school at the age of 17. He eventually opened two more schools before merging with Frank Silverman, where they run 10 schools in the Central Florida area. Mr. Metzger is also the Lead Consultant for MAIA (Martial Arts Industry Association) and has helped schools around the world maximize their profitability and revenue through his business systems and tools. Let's Connect: https://www.instagram.com/jr.spear/ Facebook: https://www.facebook.com/jr.spear.3 FIT PRO FUNNELS : https://www.facebook.com/groups/1750459338428570/ Please subscribe, like, and share. I appreciate the support and look forward to serving you further in the future. Semper Fi
One of the most influential people in the world of modern motorcycling, Mike Metzger earned the nickname, The Godfather of freestyle motocross. We walk through his life and career from amateur motocross champion to FMX legend to free-spirited tattoo artist. This is Metz.
Second conversation with Mike Metzger of Clapham Institute. We talked about the Pixar Review Process, confession, being nice, being mean, how it relates to marriage and the church. Plus scars and scabs.Find more about Mike at:http://www.doggieheadtilt.com/
* Why helping small businesses is a particular passion for Mike. * The surprising number of businesses that hit the market actually sell and what causes that number. * What challenges do most business owners need to overcome in order to prepare their business for sale. * How failure has been a motivator for Mike in his personal and professional life.
Smart employers know that when you pay right, you attract and retain the best talent. Smart employees know that it’s important to understand what your skills are worth in the marketplace. In today's world, that equation can change rapidly, especially in tech hotbeds like Seattle, San Francisco, and New York.Mike Metzger is the CEO of PayScale, the world’s leading provider of precise, on-demand compensation data. It’s their mission to empower employers and employees to have better conversations around pay.More than 6,500 customers, from small businesses to Fortune 500 companies, use PayScale to power pay decisions for over 18 million employees.You can find out more about Payscale by visiting their website: www.payscale.comTo learn more about turning meaningful wealth into a meaningful life filled with passion and purpose, connect with me on social media at @jcchristianson or send me an email at email@example.comMusic: "Day Is Gonna Come" by Royal Deluxe