Author: tracysigler | Posted: May 25th, 2011 | | Tags: advisory boards, Built to Sell, John Warrillow | No Comments »
It’s lonely at the top. Just ask John Warrillow. He’s built and sold four businesses. An advisory board can provide support in a number of ways.
In a previous article about building a sellable business I mentioned Warrillow’s book Built to Sell and that I had an upcoming conference call with him. I said I would report back and below is a transcript of his answer to my question about advisory boards.
You’ll learn:
Author: tracysigler | Posted: May 12th, 2011 | | Tags: Built to Sell, business books, e-myth, John Warrillow | No Comments »
Would anyone in their right mind consider buying your business if you wanted to sell it? Would they still buy it if you were not going to be a part of the package?
Probably not, unless you’ve managed to build a business that can thrive without you. Some would say that until your business can run without you that you just have a job, not a business, with the worst possible boss, yourself.
John Warrillow, author of Built to Sell, has started and exited four businesses and lived to tell about it. I became aware of Warrillow and Built to Sell in 2010 when the first edition of this book was published. Unfortunately, I didn’t get Built to Sell at that time because of a growing backlog of business books in my office. Fortunately, I did start to follow Warrillow’s blog and email newsletter. On an E-Myth podcast I heard Warrillow explain the three core tenets of creating a “sellable business.” The product must be: Read the rest of this entry »
