How Do I Know…?

I have long believed that the real job of an entrepreneur is to experiment. Be curious – ask strategic questions – try something new – succeed or fail – and try something else.

In that spirit, I’m trying something new. After writing almost 100 original long-form articles, I noticed some patterns in the questions women business owners are asking me.

I’ll pose a real question from a real person and highlight the articles that address that question. I’m calling these queries ‘BlockbustHER BrainteasHERs’…

Today’s BlockbustHER BrainteasHER:

This question is from Sarah, who owns a mental health therapy practice: “How do I know how much my company is worth?”

A reminder: You too can ask me a business question and have it answered in these articles. I pose real questions from real women and highlight the articles that address that question.

Please submit questions to [email protected]. Let me know if you prefer I not use your name in the article.

Here’s the Twist . . .

It’s the question I’m asked most often: “How do I know how much my company is worth?”

But this question can send you spiraling off in the wrong direction. Instead, let me share a different perspective:

• What are the three key building blocks to developing real business value and positioning your company for your exit?
• What do you want your exit to look like?
• Who determines the value of your company?

Now What?

I’ve built my business as an advocate, and I specialize in helping women founders transition to their Third Act – when you’re ready to do the work you’ve always longed to do.

Work that lights you up… work that is your purpose instead of just a paycheck. ?

Often, to get to your Third Act, you need to exit from your second act, preferably with funds from a sale that turns your business into a wealth-building tool.

Have you built a profitable and valuable business but instead of feeling like there's something missing, you’re feeling like there's something more?

If you’ve built an accounting firm, a law firm, a financial services firm, a psychology practice, or a specialty consulting firm that is generating $1 million to $10 million in annual revenue, you are in a prime market.

Larger firms and companies are growing by buying other firms. This has long been the case, but we’re seeing a higher rate than ever.

I wish it wasn’t the case, but I see too many women who actually lose their company instead of exiting on their own terms. The exit process is filled with pitfalls and complex issues – especially for women.

Your advocate, by definition, is looking out for your best interests. They are not taking a brokerage fee, commission, or equity. They are not motivated by how quickly the exit moves or the final dollar amounts. They want what you want – and will help you get it.

In my experience, women don't retire; they transition into a new stage of purpose and impact. Whether you are 40 or 60, the idea of retirement may not appeal to you. Just because you can retire doesn’t mean you’ll want to.

We can redefine ‘retirement’ and think of your eventual business exit as a ‘purposeful transition’.

Are you ready to leap into your Third Act and grab the whole cookie?

That requires a new way of thinking, new skills, a simple and elegant design, and an advocate by your side. Contact me to learn more.?

How exit-ready are you? Find out at:?https://she-exits.com/

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? The Block Group Inc.