Have you ever thought about going into business with a good friend? Steve Grace did, and he doesn’t recommend it. For as many times as we’ve heard a partnership success story, Steve’s experience proves that there’s always an exception to the rule.
In this episode, we’ll cover how Steve first got into business, and how he ended up partnering with a good colleague and friend. Having previously sold a company for a seven times multiple, and with shared backgrounds in recruitment and complementary leadership skills, Steve’s partnership seemed like a success. Another two years, a friendship breakdown, and barely enough communication to properly exit or sell, Steve’s advice about getting out before a full-blown breakdown needs to be heard by every entrepreneur.
Discussing the necessary agreements, negotiations, and brokers to have in place, this episode is full of lessons hard learned during the exit process.
Connect with Steve Grace
Website: https://www.thenudgegroup.com/
LinkedIn: https://www.linkedin.com/in/stevegrace/
Twitter: https://twitter.com/SteveGraceG
YouTube: https://www.youtube.com/channel/UCs-cXoQLn4CTrBdnxuENdPQ
Connect with Simon Bedard
LinkedIn: https://www.linkedin.com/in/srhbedard/
Website: https://buygrowsell.com/
Website: https://exitadvisory.com.au/
