Nine Strategies to Help You Increase the Value of Your Business

Picture this: You’ve made it as an entrepreneur, and you can finally afford a bit of the “good life”. You take the extra vacation, buy the boat, build the dream home.

Then you decide it’s time to sell, so you get a business valuation.

To your surprise and disbelief, you find the value is a fraction of what you thought. Guess what? You are in a similar situation with 70%-80% of all other business owners.

I specialize in helping owners increase the value of their businesses. I’ve watched them experience the shock when they discover that no one else thinks their baby is as attractive as they do.

Fortunately for many, their businesses can grow up to become highly attractive and valuable to buyers.

Click here for my newest article in Forbes: Nine Strategies To Help You Increase The Value Of Your Business.

In this article you will discover:

• Why the normal indicators of business success don’t translate to business value.
• What most owners don’t know: The crucial difference between revenues, profits, and value.
• The 2 attributes your business needs to get someone to write you a check.
• The 9 key strategies for driving up value in a business (the first two matter the most).

You’ve invested for years in your business. Click here to read the strategies you need to see a true return on that investment.

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Survey Results:  What I Asked, How You Answered.

As you may know, I recently conducted a survey with readers. The response and feedback were great. Better than I expected. Thank you!

Here is what you said:

Question 1: Would you be interested in more, new content from me through Instagram, a podcast, YouTube or other? (Choose all that apply)

• Podcast 50%
• YouTube 35%
• Instagram 23%
• Other 25% (Almost all of these asked me to continue to send via e-mail. Some mentioned LinkedIn or Facebook)

Question 2: Do you prefer in-depth & detailed content / short “quick hits” that answer specific questions / both – depending on the content.

• In-depth & detailed content 12%
• Short “quick hits” that answer specific questions 37%
• Both – depending on the content 52%

Question 3: Considering your primary desires, questions or challenges as a leader, how would you fill in the blank, “How do I _______________?”

There was a very, very wide range of responses. Here were the dominant themes:

• How do I manage time/priorities?
• How do I lead/organize/align a team?
• How do I motivate a team/employees?
• How do I lead change (culture, leadership transition, etc.)?
• How do I maintain health boundaries (work/life, competing demands, etc.)?

There were many other responses as well. I plan to work through the list and answer all of them. So be sure to stay tuned and check out the new ways I’ll bring content to you.

Here is what you can expect:

I’m not giving up the weekly e-mails! That was never the plan. And a lot of people asked me not to.  So don’t worry about that.

Also, I do publish all my articles on LinkedIn and Facebook. If you aren’t receiving them through those channels and you want to, please connect or Facebook friend me.

Lastly, you can find all my articles on my website.

Many of you mentioned that you prefer the longer, more in-depth e-mails, but also liked the idea of a short introduction so you can quickly tell if the topic is of interest to you. I used to do that and can go back to it.

I am starting a podcast! The Leadership Lab with Christian Muntean. I just started working on this a couple of weeks ago. It is reassuring that this option is a popular one! The first two episodes have been recorded and banked. I’ll build up a little inventory before I publish. Stay tuned, I’ll let you know how to find it and how to subscribe shortly.

Podcasting is new for me and I’ll be experimenting with the length and formats that seem best. Would love your feedback!

YouTube and Instagram: I will probably publish here as well. This will likely happen after the podcast is launched. There is just a lot more involved with video.

These formats are, I believe, well suited for “quick hit” content that quickly answers specific leadership questions. Additionally, I might start a second newsletter that is only “quick hit” content based on the content published on YouTube and/or Instagram so that you can either watch or read this content.

Survey Conclusion

Thank you so much for your great responses! It was very helpful and gave me a boost of encouragement to continue providing great content.

I’m always open to considering your suggestions. Please feel free to write me with questions or comments at any time.

Take Good Care,

Christian

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Opportunities

Did someone send you this article? You can receive it free, directly from me each week.  Click Here to sign up. You can unsubscribe at any time. I won’t feel too hurt.

Do you have questions for me? Do you have a question about leadership? Maybe about how to build a high performing team? Or how to increase the value and impact of your organization? Please let me know! Your question could be the basis of a future article. Contact me here.

Free Resource: How To Accomplish More Without Doing More is a workbook I created to walk leaders through a process of helping you own your calendar, liberate your time, and still get more done. Download it for free!

Executive and Leadership Coaching: Do you feel overwhelmed? Are you not getting the results you expect from the effort you are putting in? Do you find yourself facing similar challenges time and time again? Would you like to change specific ways of relating or reacting? If you would like to experience predictable, measurable growth, contact me.

Profitable Exit Strategy Workshop: Are you a business owner or partner? Are you over 55? Are you starting to think about exiting your business or active management in the next 3-5 years?

• Are you curious about what your business might be worth?
• Would you like to discover the specific steps you need to take to increase its value and become highly attractive to a buyer?
• Are you planning on handing it over to family or employees and you want to ensure long-term success?

If so, contact me now.