How to Exit Your Business Rich with Michelle Seiler Tucker | 610

Money Ripples Podcast

Michelle Seiler Tucker is a Wall Street Journal and USA Today bestseller, the CEO of Seiler Tucker Inc. and she helps people in all kinds of verticals sell their businesses for top dollar. She is the author of Exit Rich, the book that helps business owners build their businesses into sustainable, scalable, sellable assets that can sell at the price tag they desire. Key Talking Points of the Episode [01:39] Listen to Simple Passive Cashflow! [02:23] Who is Michelle Seiler Tucker? [03:55] What has Michelle been up to? [05:23] What inspired Michelle to write her book? [07:44] Why did Michelle write Exit Rich? [08:22] What is Exit Rich about? [11:20] Why do you need to build your business to sell? [14:56] Is passing the business to the next generation a solution? [15:33] What happens when you lose a business? [16:15] Why is Exit Rich important to service-based businesses? [17:47] What will you have if you don’t sell your business when it’s ready? [18:09] Where can people buy Exit Rich? Quotables “I learned pretty quickly that what Steve Forbes says is true, that 80% of the businesses on the market will never sell.” “We also just launched a new program called Road to Exit Rich and it’s a year program to get businesses up-to-speed and get them ready to exit rich because most businesses aren’t ready.” “Exit Rich is all about planning your exit from the beginning like Stephen Covey always says, begin with the end in mind.” “Most business owners are not just losing their business assets, they’re losing their personal assets too.” “We don’t go into business to not have money and free time, but yet, that’s what’s happening over and over again.”