#176: Ryan Deiss—How to Scale Your Business and Sell It for Millions

Business Made Simple Podcast

StoryBrand.ai

Marketing, Story, Bmsu, Businessmadesimple, Brand, Business, Bms, Storybrand, Entrepreneurship, 474622, Storytelling

4.8 • 2K Ratings

🗓️ 27 May 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Frustrated your marketing isn't working? Stuck wondering why customers aren't clicking "buy now"? Imagine turning that around in just five minutes. Get the help you need to clarify your message and grow your business with our free 5 Minute Marketing Makeover video series. Get immediate access to the 5 Minute Marketing Makeover video series at 5MinuteMarketingMakeover.com.

Have you ever wondered how to scale and sell your business? Many entrepreneurs struggle with scaling their operations or knowing the right time to exit. Without a plan, moving from a small to a mid-sized business is tough. And the complexities of scaling and selling can feel overwhelming. That’s why a lot of business owners end up hitting a wall. So what’s the secret to growing your business and making a profitable exit?

In this week’s episode, host Donald Miller sits down with Ryan Deiss, CEO of Digital Marketer and author of Get Scalable. Ryan shares how he went from starting businesses to buying them, and gives practical tips on how to make your businesses more appealing to buyers. You’ll also gain insight on the importance of a solid operating system and the benefits of partnering with experienced investors. Listen in for invaluable acquisition strategies for business owners at any stage!

For your free copy of Get Scalable, go to GetScalable.com/Free.

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Transcript

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0:00.0	If people don't understand how your business works, they're not going to look to
0:06.0	investor acquire it.
0:07.0	Welcome to the Business Made Civil Podcast, brought to you by the HubSpot Podcast network.
0:14.0	I'm your host Donald Miller.
0:15.0	Well, everybody listening to this podcast, or at least most of us, are in the business of growing
0:20.0	our businesses.
0:21.0	But have you ever thought about buying one? This seemed completely foreign to me
0:25.3	three years ago. As I've gotten older, I'm starting to see the wisdom in all of these people
0:31.5	who are actually just going out and buying businesses for 4X, 5X, 6X,
0:35.6	sometimes 8X multiples on EBITDA.
0:37.8	I know people who have gotten partial ownership of businesses, bought an entire business, and they
0:42.2	make money in about 13 or 14 months.
0:45.0	That's what they know how to do.
0:46.2	So we're going to talk to Ryan Dice, he is the leader of digital marketer, that's his company,
0:51.0	but he's got a book called Get Scalable out now and I want to talk a little bit about the book.
0:55.7	We're going to get into that just a little bit, but really I'm more curious about Ryan.
0:59.3	How did you get involved in buying percentages of businesses or buying businesses
1:03.7	outright. What do you look for? What do you buy them for? What are you hoping to sell
1:08.7	them for if you're going to sell them? Talk to the rest of us who are scaling businesses. Talk to us about this strategy of actually buying one.
1:17.0	Also, if you've ever been interested in selling your business, you're going to learn a lot about that too.
1:21.0	Today on the program, Ryan Dice, we're going to talk about buying and
1:25.0	selling businesses.
	...

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