The Ultimate Business Owner Freedom
Keith Schellin
Grow - Protect - Realize: Grow your business - Protect what you've built - Change it from a job into an Asset that's Valuable and Sellable
This newsletter is for business owners at all stages—whether you're just starting out, building a strong foundation, or approaching the finish line of your entrepreneurial journey. While the focus is on those beginning to see the endgame for their business, the strategies shared are relevant to anyone seeking to create a more profitable, resilient, and valuable company.
Whether your goal is to grow, protect, or realize your business, these newsletters will provide actionable insights to help you navigate each phase of ownership. From setting the right foundations to building a business that provides maximum flexibility and opportunity, we’ll cover everything you need to position yourself for success, no matter where you are on the journey.
Let’s start by asking the fundamental question: “Why do entrepreneurs embark on the journey of starting a business?”
The most common response is straightforward: the pursuit of freedom. Entrepreneurs seek:
However, as business owners build their companies, they discover a deeper, more essential freedom that ultimately determines how successful they will become and what level they will achieve. This freedom goes beyond day-to-day choices—it’s the freedom of owning a sellable business.
The Real Freedom: Owning a Sellable Business
The freedom of owning a sellable company is a game changer. When your business is structured to attract buyers, and you have a clear understanding of its market value, it becomes an asset—not a job. This sellable business offers ultimate flexibility, empowering you to choose how and when to exit, on your terms. You could:
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In short, a sellable business opens up opportunities to live life as you envision.
Why Many Business Owners Miss Out on This Freedom
Despite the initial goal of freedom, many business owners get trapped in their own companies, bogged down by daily operations. They may reach the end of their career still tied to their business, forced to sell in less-than-ideal conditions. This often results in selling for less than they hoped, financing the buyer, or staying involved in the company far longer than intended. This scenario reflects a missed opportunity for true freedom.
Achieving the Freedom Point
The "Freedom Point" is the pivotal moment when you gain true flexibility over your business’s future. Reaching this point requires intentional planning. Here’s what it entails:
Risk On: The Challenge of Staying Put
Once you reach the Freedom Point, you may decide to continue owning and operating the business. This can be rewarding, but it comes with a “risk on” reality: holding on to your business means being vulnerable to unexpected changes, such as economic shifts, market conditions, or personal circumstances. The longer you wait to sell, the more you risk undermining the very freedom you’ve worked so hard to build.
This newsletter aims to guide business owners toward achieving the ultimate freedom—a sellable business. By building a company with clear value and well-thought-out transition plans, you can secure your freedom by design, not by chance. The journey to entrepreneurial freedom isn’t just about starting a business; it’s about building a sellable business from the ground up. This approach empowers you to attain the ultimate freedom: the ability to choose your future, safeguard your financial security, and confidently embrace whatever comes next.