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The Accidental Entrepreneur to Desirable Exit: A Conversation with Phil Fraser

Podcasts

The Accidental Entrepreneur to Desirable Exit: A Conversation with Phil Fraser

By , November 11, 2022
phil fraser

If you want to sell your business, you need to be clear on your vision and purpose. What is your motivation for selling? What are your goals and objectives? What do you want to achieve? Once you have a clear understanding of your vision and purpose, you can begin to look for a buyer who shares your values and who will be able to take the business to the next level. When you find a potential buyer, it’s important to have a conversation about your vision for the business and what you hope to achieve from the sale. Once you’ve found a buyer who is aligned with your vision, you can begin to negotiate the terms of the sale.

When you’re ready to sell your business, it’s important to find the right buyer. The right buyer will be someone who shares your vision for the business and who will be able to take it to the next level. To find the right buyer, start by having a conversation about your vision for the business and what you hope to achieve from the sale. Once you’ve found a buyer who is aligned with your vision, you can begin to negotiate the terms of the sale.

Phil Fraser is a successful entrepreneur who exited his business after 18 years. He’s now dedicated to helping other business owners prepare for their own exits so they can maximize value and exit on their own terms. His story is an inspirational one for anyone considering selling their business. If you’re considering selling your business, remember to detach yourself emotionally from the outcome, have a clear vision and purpose, and find a buyer who shares your values. With careful preparation, you can maximize value and exit on your own terms.

In this episode, we talked about:

1. The story of Phil Fraser’s journey from accidental entrepreneur to a successful business owner who sold his company to a PLC.

2. The importance of detachment from the outcome when selling a business, and

3. The importance of taking money out of the business along the way, instead of waiting until the sale to do so.

 

For more on this topic and perspective, check out this episode on Succession Plus Youtube Channel and Exit Insights Spotify.

 

 View phil’s Linkedin Profile

 ViSIT PHILFRASER.CO.UK FOR MORE INFORMATION

Darryl Bates-Brownsword

Darryl Bates-Brownsword

CEO | Succession Plus UK

Darryl is a dynamic, driven Business Mentor and Coach with over 20 years of experience and passion for creating successful outcomes for founder-led businesses. He is a great connector, team builder, problem solver, and inspirer – showing the way through complexity to simplicity.

He has built 2 international multi-million turnover businesses; one now operating in 16 countries. His quick and analytical approach cuts through to the core issues quickly and identifying the context. He challenges the status quo and gets consistent, repeatable and reliable business results.

Originating in Australia, Darryl’s first career was as an Engineer in the Power Industry. Building businesses bought him to the UK in 2003 where he quickly developed a reputation for combining systems thinking with great creativity to get results in challenging situations.

A keen competitive cyclist, he also has a B Eng (Mech) Engineering and an MBA.