The Essentials Of Buying And Selling A Business With Cameron Kolb

DEC 29, 202145 MIN
Business Leaders Podcast: One More Turn

The Essentials Of Buying And Selling A Business With Cameron Kolb

DEC 29, 202145 MIN

Description

Are you executing the right strategies to market your products and services? Are you planning to buy or sell a business? In this episode, guest <a href="https://www.linkedin.com/in/cameron-kolb-49426015/" target="_blank" rel="noopener">Cameron Kolb</a>, senior broker at Raincatcher, speaks with host Bob Roark on how business owners spend their money, time, and effort in growing their businesses. Cameron explains his company's professional process so you can start analyzing yours. He helps and guides people to get the maximum value when buying or selling their businesses. He values being true and honest to the people who are asking for their help while getting the job done. Stay tuned to know more to scale your business up! <p style="text-align: center">---</p> <h3>Watch the episode here:</h3> &nbsp; <h2>The Essentials Of Buying And Selling A Business With Cameron Kolb</h2> <strong>The big questions are how do business owners like us spending our own money, time and effort? How do we grow our businesses and jump the line that lets us accelerate the delivery of our products services in our community while being smart about our growth profits culture and still create a lasting value in our business? Those are the questions in this show. We'll share some of those answers. Our guest is Cameron Kolb. He's a Senior Broker with </strong><a href="https://raincatcher.com/" target="_blank" rel="noopener"><strong>Raincatcher</strong></a><strong>. Welcome to the show.</strong> <p style="text-align: center">---</p> <strong>Our guest is Cameron Kolb. He's the Senior Broker at </strong><a href="https://raincatcher.com/" target="_blank" rel="noopener"><strong>Raincatcher</strong></a><strong>. Cameron, welcome to the show. Thanks for taking the time. Tell us a little bit about your background and bring us up on where you are now.</strong> I started my professional career at Northwestern Mutual doing financial planning. We initially started with insurance and worked in the niche of business owners because we thought that was a good need there. As we expanded the team investments or more licenses they got, I started to specialize in exit planning. I worked with a lot of physicians and business owners. I did that for about six years and then, the debt in the family caused me to have to rethink things then, ultimately decided that based on what I've experienced with all these business owners and how difficult of a time they've had trying to sell their business, I thought there might be some opportunity to help essentially do business brokerage. My path after that was that I went out on my own, learned how to do business brokering, did it on my own for about five years and then was asked to join Raincatcher back in May 2021, which has just been great. I essentially went from being a solo practitioner to doing everything that there is to do with now. Now, I get to focus on what I'm great at, which is bringing buyers and sellers to the table and getting deals done. <strong>I think about the compare and contrast between the team approach to a business sale versus the sole practitioner approach to bring it to a sale. What it reminds me of is the difference between having a job and a business. For the sole practitioner, they might've been expertise that you didn't have, it might be franchising or one type of specialist event, whereas at RainCatcher, you have a depth of field.</strong> [bctt tweet="Continue learning. When you start working with people, you will realize that there’s a lot you don’t know yet." username=""] I thought I was smart then I started working with some smart people and realized there's a lot that I didn't even know I didn't know. It'll bring 4 or 5 months together on a deal we're working in. It's just made a huge difference in the execution and the progress that I've made as a business professional. I feel that one of the lots about what you can do to add a lot more value than I’m previously doing....