Category: Exit Execution

Exit Execution – steps in selling a business

Exit Execution

How Not to Sell a Business Part 2

by Basil Peters | February 19, 2009 | 2 Comments

Things I Learned Not to Do When You Sell a Business

This is a talk I gave to the Vancouver Chapter of the Entrepreneurs Organization (EO) on February 19, 2009.

Highlights of Part 2:

  • I wish I had done a secondary sale - that would have taken the pressure off - mistake #1.
  • I confess that we had never even discussed an exit strategy - mistake #2.
  • We start to learn about exit strategies at the worst...

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Exit Execution

How Not to Sell a Business Part 3

by Basil Peters | | one response

Things I Learned Not to Do When You Sell a Business

This is a talk I gave to the Vancouver Chapter of the Entrepreneurs Organization (EO) on February 19, 2009.

Highlights of Part 3:

  • I learn about how nasty take over battles can get.
  • I was a rookie and ended up playing defense all the way through.
  • The night before the big board meeting to determine our fate, my second daughter is born.
  • ...

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Exit Execution

How Not to Sell a Business Part 4

by Basil Peters | | 5 Comments

Things I Learned Not to Do When You Sell a Business

This is a talk I gave to the Vancouver Chapter of the Entrepreneurs Organization (EO) on February 19, 2009.

Highlights of Part 4:

  • This is the story of the Parasun Exit - where we did everything perfectly.
  • A pre-requisite to my investment in Parasun was that a fellow board member and I would execute the exit.
  • We developed alignment on a simple exi...

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