From the headquarters of Ramsey Solutions, this is the Entree Leadership podcast, where I take calls from

leaders like you about what it takes to win at any stage of business and leadership.

I'm Dave Ramsey, your host with over 30 years of experience leading in the trenches right alongside you.

I've done this stuff today.

If you have a question and want to be on the show, fill out the form on ontorailorship.com slash ask or call and leave us a note at 844-944-1070.

That's 844-944-1070.

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Wesley is in Akron, Ohio.

Hi, Wesley, what's up?

So I'm part of a family business insurance agency working there

for about 13 years. We have nine employees right now. Revenues getting close to about a million

dollars per year. And a business is continuing to grow rapidly a lot quicker than we ever thought it would.

And the conversation of succession plane has come up. But I was wondering your advice of trying to

take out this business or take over this business without taking on any debt. My conversation

with my father father who owns the

business around it has been a bit muddy and confusing about it, and I just don't really know how to

move forward with this. What does muddy and confusing mean? He's not willing to talk about the terms

or not willing to talk about the price or what's all that mean?

Yeah, he's talked, he's talked about the price of being somewhere between two and three

million dollars, like two to three times total revenue. But when he's talked about, he's like,

I have it all written down. I'm not ready to go over it with you yet. But when the time will about, he's like, I have it all written down.

I'm not ready to go over it with you yet.

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