April 13, 2022

What's So Important About Owning A $1 Million Business?

Think for a moment about what does the word valuable mean for you and your business? Maybe it’s a business you can pass along to your kids or other family members? Maybe it’s one that you can use as a platform to acquire othe...

Think for a moment about what does the word valuable mean for you and your business? Maybe it’s a business you can pass along to your kids or other family members? Maybe it’s one that you can use as a platform to acquire other businesses in different markets or geographies, or as a means to vertically integrate.

 

Often when we talk about a valuable business we’re talking about one that’s a million dollar business. 

 

In this week's episode, Chip talks about what’s so special about owning a million dollar business and why it's so important if you're thinking about exiting your business someday. And, we'll talk about a key consideration for you in creating that truly valuable business.

 

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