Jeannette explores the thought-provoking question of whether one would buy their own business. By shifting the perspective to that of an investor or potential acquirer, she encourages business owners and leaders to assess their businesses objectively.
The episode delves into various aspects of due diligence, including finance, legal, tax, commercial, IT and digital, and HR. By examining each area through the eyes of an investor, you’ll gain valuable insights into the health of your businesses and identify areas for improvement or further development
KEY TAKEAWAYS
Shifting your perspective and asking yourself if you would buy your own business can provide valuable insights and a fresh perspective.
Putting yourself in the mindset of an investor or acquirer allows you to see your business from a different angle and identify areas for improvement or opportunities you may have missed.
Conducting a detailed due diligence of your business in areas such as finance, legal, tax, commercial, IT and digital, and HR can help you assess the health of your business and identify strengths and weaknesses.
Evaluating the financial health of your business, including historic performance, current performance, and future growth potential, is crucial for potential investors or acquirers.
BEST MOMENTS
"So changing that perspective, putting yourself on the other side of the table is refreshing. I recommend you do this at least once a year, or twice a year if you can."
"So to actually go through each of those areas, is our product and service offering differentiated enough? Or is it actually the same as a competitor, and therefore, we're in a weak position?"
"Have I got visibility of my succession planning for my team? Who is the caretaker in the event that I need to fill a role very quickly? Who is the successor within 1 year or within 2 to 3 years?"
"Ask yourself the question, would you buy your own business? We are looking for a definitive yes here, a yes with confidence."
This is the perfect time to get focused on what YOU want to really achieve in your business, career, and life. It’s never too late to be BRAVE and BOLD and unlock your inner BRILLIANCE. If you’d like to jump on a free mentoring session just DM Jeannette at info@jeannettelinfootassociates.com or sign up via Jeannette’s linktree https://linktr.ee/JLinfoot
VALUABLE RESOURCES
Brave, Bold, Brilliant podcast series - https://podcasts.apple.com/gb/podcast/brave-bold-brilliant-podcast/id1524278970
ABOUT THE HOST
Jeannette Linfoot is a highly regarded senior executive, property investor, board advisor, and business mentor with over 25 years of global professional business experience across the travel, leisure, hospitality, and property sectors. Having bought, ran, and sold businesses all over the world, Jeannette now has a portfolio of her own businesses and also advises and mentors other business leaders to drive forward their strategies as well as their own personal development.
Jeannette is a down-to-earth leader, a passionate champion for diversity & inclusion, and a huge advocate of nurturing talent so every person can unleash their full potential and live their dreams.
CONTACT THE HOST
Jeannette’s linktree - https://linktr.ee/JLinfoot
https://www.jeannettelinfootassociates.com/
YOUTUBE - https://www.youtube.com/channel/UCtsU57ZGoPhm55_X0qF16_Q
LinkedIn - https://uk.linkedin.com/in/jeannettelinfoot
Facebook - https://uk.linkedin.com/in/jeannettelinfoot
Instagram - https://www.instagram.com/jeannette.linfoot/
Email - info@jeannettelinfootassociates.com
Podcast Description
Jeannette Linfoot talks to incredible people about their experiences of being Brave, Bold & Brilliant, which have allowed them to unleash their full potential in business, their careers, and life in general. From the boardroom tables of ‘big’ international businesses to the dining room tables of entrepreneurial start-ups, how to overcome challenges, embrace opportunities and take risks, whilst staying ‘true’ to yourself is the order of the day.
Travel, Bold, Brilliant, business, growth, scale, marketing, investment, investing, entrepreneurship, coach, consultant, mindset, six figures, seven figures, travel, industry, ROI, B2B, inspirational: https://linktr.ee/JLinfoot
