• Buying Profitable Businesses with Managing Partner Daniel Sweet

  • May 20 2024
  • Length: 1 hr
  • Podcast

Buying Profitable Businesses with Managing Partner Daniel Sweet

  • Summary

  • Welcome back to The Disciplined Troublemakers. In this episode, we explore forecasting and financial systems for risk mitigation and business performance. Daniel shares a story of a startup with cash flow problems despite a successful product, emphasizing the need for financial management. We discuss strategies for tech CEOs to increase company value through profit generation, recurring revenue, and task delegation. We also address the aspects of preparing a business for sale, including planning, externalizing finances, and using technology for growth.

    Join us to enhance your business skills and position your company for success. Let's dive in!

    Quotes

    "In our ideal world, sales keep the operator constantly scrambling. That's the right level of growth." - Daniel Sweet

    "If your profit is fine-tuned to break even and avoid taxes, that's great until you sell, because a multiple of zero is zero." - Daniel Sweet

    Featured in this Episode

    Daniel Sweet
    Linkedin: https://www.linkedin.com/in/danielrsweet
    Website:https://www.sweetviewpartners.com/
    https://thekeyssummit.com/

    Chapters
    00:00- Introduction
    07:19- Market Gaps & Bootstrapped Entrepreneurs
    11:32- Struggles in Small Business Management
    19:04- System Challenges & Instant Insights
    22:34- Retaining Ownership: Strategy Discussion
    24:25- Consequences of Poor Financial Planning
    29:04- Exponential Growth: Contact Scott at Purple Finch
    30:53- Leveraging Experience for Growth
    35:47- Tech for Efficiency, Not Job Cuts
    38:23- CRM & Staff Training for Success
    39:37- Practical SaaS and Tech Strategies
    44:40- Navigating Financial Uncertainties
    46:27- Financial Focus for Successful Selling
    50:40- Summit for Freedom & Happiness
    52:49- Complimentary Speaker Access
    57:20- Effective Tools for Small Businesses
    59:24- Outro

    Powered by http://heartcastmedia.com
    Show More Show Less
activate_samplebutton_t1

What listeners say about Buying Profitable Businesses with Managing Partner Daniel Sweet

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.