@Gabe Villarreal founder, business buyer and business growth adviser on scaling a liquor business to a million dollars in monthly revenue. We discuss strategies for over coming the practical challenges of scaling and exiting businesses, as well as the merits of 'holding' businesses rather than selling.
He stresses the importance of imperfect action, learning from failures, and having options in business.
Gabe also talks about his experiences in different industries and countries, and the significance of building a business with an exit strategy in mind.
Takeaways
- The importance of imperfect action over waiting for perfection.
- Learning from failures.
- Having options in business is more important than the exit itself.
- Building a business with an exit strategy in mind is essential.
- Cash flow management is critical for business survival.
- Acquiring an established business can be more efficient than starting from scratch.
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Reach out to Michael Kerr via the website if you need personal assistance or advice for your small business.
michael.kerr@kerrcapital.com.au
www.ownertoownerpodcast.com.au