<description>&lt;div class="OutlineElement Ltr SCXW158154463 BCX0"&gt; &lt;p class="Paragraph SCXW158154463 BCX0"&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;The fastest way to make a service company unsellable is building it around a personal brand.&lt;/span&gt;&lt;span class= "EOP SCXW158154463 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW158154463 BCX0"&gt; &lt;p class="Paragraph SCXW158154463 BCX0"&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;When clients hire &lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;you&lt;/span&gt;&lt;span class="TextRun SCXW158154463 BCX0" lang="EN-CA" xml:lang="EN-CA" data-contrast="auto"&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;—because of your reputation, your name, and your specific &lt;/span&gt;&lt;span class="NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle="Normal (Web)"&gt;expertise&lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;—you &lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;haven't&lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt; built a business; &lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;you've&lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt; built a high-paying job.&lt;/span&gt;&lt;/span&gt;&lt;span class="EOP SCXW158154463 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW158154463 BCX0"&gt; &lt;p class="Paragraph SCXW158154463 BCX0"&gt;&lt;span class= "TextRun SCXW158154463 BCX0" lang="EN-CA" xml:lang="EN-CA" data-contrast="auto"&gt;&lt;span class="NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle="Normal (Web)"&gt;And as Gavin Bell realized, you &lt;/span&gt;&lt;span class="NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle="Normal (Web)"&gt;can't&lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt; sell a reputation.&lt;/span&gt;&lt;/span&gt;&lt;span class= "EOP SCXW158154463 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW158154463 BCX0"&gt; &lt;p class="Paragraph SCXW158154463 BCX0"&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;Gavin was known as the "Facebook Ads Guy" in the UK. He was making good money, but he knew that to build a sellable asset, he had to fire himself as the face of the company.&lt;/span&gt;&lt;span class="EOP SCXW158154463 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW158154463 BCX0"&gt; &lt;p class="Paragraph SCXW158154463 BCX0"&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;He rebranded his firm from "Gavin Bell" to "Yatter," productized his service, and systematically removed himself from sales and delivery.&lt;/span&gt;&lt;span class="EOP SCXW158154463 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW158154463 BCX0"&gt; &lt;p class="Paragraph SCXW158154463 BCX0"&gt;&lt;span class= "TextRun SCXW158154463 BCX0" lang="EN-CA" xml:lang="EN-CA" data-contrast="auto"&gt;&lt;span class="NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle="Normal (Web)"&gt;The result? He sold Yatter to a larger agency, &lt;/span&gt;&lt;span class= "NormalTextRun SpellingErrorV2Themed SCXW158154463 BCX0" data-ccp-parastyle="Normal (Web)"&gt;Velstar&lt;/span&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;, in a deal that closed just one minute before a major tax deadline.&lt;/span&gt;&lt;/span&gt;&lt;span class= "EOP SCXW158154463 BCX0" data-ccp-props= "{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"&gt; &lt;/span&gt;&lt;/p&gt; &lt;/div&gt; &lt;div class="OutlineElement Ltr SCXW158154463 BCX0"&gt; &lt;p class="Paragraph SCXW158154463 BCX0"&gt;&lt;span class= "NormalTextRun SCXW158154463 BCX0" data-ccp-parastyle= "Normal (Web)"&gt;In this episode of Built to Sell Radio, Gavin breaks down exactly how he made the switch.&lt;/span&gt;&lt;/p&gt; &lt;/div&gt;</description>

Built to Sell Radio

John Warrillow

Ep 529 The Personal Brand Trap and how to slash a 3-Year Earn-Out to 9 Months Without Giving Up Value

JAN 16, 202652 MIN
Built to Sell Radio

Ep 529 The Personal Brand Trap and how to slash a 3-Year Earn-Out to 9 Months Without Giving Up Value

JAN 16, 202652 MIN

Description

The fastest way to make a service company unsellable is building it around a personal brand. When clients hire you—because of your reputation, your name, and your specific expertise—you haven't built a business; you've built a high-paying job. And as Gavin Bell realized, you can't sell a reputation. Gavin was known as the "Facebook Ads Guy" in the UK. He was making good money, but he knew that to build a sellable asset, he had to fire himself as the face of the company. He rebranded his firm from "Gavin Bell" to "Yatter," productized his service, and systematically removed himself from sales and delivery. The result? He sold Yatter to a larger agency, Velstar, in a deal that closed just one minute before a major tax deadline. In this episode of Built to Sell Radio, Gavin breaks down exactly how he made the switch.