<description>&lt;p dir="ltr"&gt;"Too Much Money Chasing Too Few Good Businesses" - Candid Insights from M&amp;A Veteran Chad Morissette&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;This episode dives deep into what actually drives a successful business sale - from the emotional readiness of the founder, to internal due diligence, to navigating PE firms and family offices.&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;Key Highlights&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Chad's journey from tech entrepreneur to M&amp;A specialist&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The difference between Main Street vs lower middle-market businesses&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Why personal readiness is more important than business readiness&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The 2-year preparation window that can make or break a deal&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Why most owners underestimate due diligence by a mile&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The value of net proceeds analysis - and why it prevents last-minute deal panic&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The types of companies buyers are fighting over&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;Why too many businesses are owner-dependent and therefore discounted&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;The emotional roller-coaster of selling - and how to psychologically prepare&lt;br /&gt; &lt;br /&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;You'll walk away with a clear understanding of:&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;br /&gt; ✔ How to make your business more attractive to buyers&lt;br /&gt; ✔ What PE firms actually look for&lt;br /&gt; ✔ Why having your team, not just your finances, ready matters&lt;br /&gt; ✔ What it really feels like to sell a company - as a human being, not just a founder&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;br /&gt; &lt;br /&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;Fun Frank Advice from Chad&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;"It's an emotional roller coaster. It is full of surprises. Just keep your eye on the prize. Focus on the payday."&lt;/p&gt; &lt;p&gt; &lt;/p&gt;</description>

The Cash Rich Exit Podcast

Colleen O'Connell-Campbell, Wealth Advisor at RBC Dominion Securities,

EP 336 Why you Won't Sell Until you're Personally Ready

DEC 16, 202539 MIN
The Cash Rich Exit Podcast

EP 336 Why you Won't Sell Until you're Personally Ready

DEC 16, 202539 MIN

Description

"Too Much Money Chasing Too Few Good Businesses" - Candid Insights from M&A Veteran Chad Morissette This episode dives deep into what actually drives a successful business sale - from the emotional readiness of the founder, to internal due diligence, to navigating PE firms and family offices. Key Highlights Chad's journey from tech entrepreneur to M&A specialist The difference between Main Street vs lower middle-market businesses Why personal readiness is more important than business readiness The 2-year preparation window that can make or break a deal Why most owners underestimate due diligence by a mile The value of net proceeds analysis - and why it prevents last-minute deal panic The types of companies buyers are fighting over Why too many businesses are owner-dependent and therefore discounted The emotional roller-coaster of selling - and how to psychologically prepare You'll walk away with a clear understanding of: ✔ How to make your business more attractive to buyers ✔ What PE firms actually look for ✔ Why having your team, not just your finances, ready matters ✔ What it really feels like to sell a company - as a human being, not just a founder Fun Frank Advice from Chad "It's an emotional roller coaster. It is full of surprises. Just keep your eye on the prize. Focus on the payday."