David Barnett works with entrepreneurs around the world helping them to buy, sell and organize their small and medium-sized businesses. He’s an author of 7 books including How To Sell My Own Business, which became an Amazon bestseller.
“If you’re working in a business you own today but you’re not writing yourself a paycheck that’s equal to or greater than you’ve paying to do that work someplace else, then you don’t actually own a business; you own a job.” – David Barnett
Background in Business
David has always been an entrepreneur at heart. He had five different businesses. He sold two of them, closed the other two, and kept just one.
The exciting thing about it is it isn’t just his business; it’s also his hobby. He enjoys putting his mind to work on organizing the business processes and tools.
How to Get Ready to Sell
One of the concerns people have asked him is about giving new life to businesses that don’t seem to work. How do you make them attractive in order for people to buy from them again?
“Systematization is helping people prepare to sell their business.” – David Barnett
David has went from being a Finance Broker to being a Business Broker. As the latter, he helps businesses sell themselves by showing people that they are worth it.
13-Step Process That Works
David equips his clients with a 13-step process to follow. It allows them to create a solid system for their business.
“Once we addressed how the business worked and created systems to make sure that we and everyone [involved] knew exactly what they were doing …, all of a sudden the business became one that wasn’t such a pain to run.” – David Barnett
It became so efficient on the clients’ end that as they started in the process, many of them reconsidered their move to sell. The process enabled them to enjoy the kind of life they’ve wanted.
To hear from David Barnett, download and listen to the episode. Connect with him through the links below. Remember to let David know you heard about him on Stop Riding the Pine!
Show Links from David Barnett:
If you haven’t checked it out yet, listen to our previous episode Bryan Weinert Simplifying the Mindset of Building Business Software from Idea to Completion | Ep. 196. Don’t forget to leave a 5-star rating and review if you enjoyed the show. We would love to hear from you!