Welcome to the Success With Soul podcast! Today we're talking about a topic we've never talked about before: how to sell an online service business. So if you've got a service-based business that you're thinking of selling, or you just want to know more about how to build a sellable asset — today's conversation is for you!
I've talked about the emotional journey of feeling "done" with my first blog, Root + Revel, navigating that new territory, and trying to decide what to do.
What I didn’t know at the time of that first experience with feeling ready to move on was that I had more choices beyond just walking away. Thankfully, someone in my mastermind group at the time brought the possibility of selling to my attention.
Today I’m joined by Rachel Silves, the program and marketing coordinator for Team KK. In addition to having a wealth of professional experience, she'd owned her own business, purchased a business, and sold a business by the time she brought her amazing powers of coordination to us.
So in this episode, she really has an informed and complex perspective to add, because she's been in every role, and she has her own unique experience selling her online service business.
Part of what made this discussion with Rachel so rich was that she and I made different choices when it came time to sell our businesses — and in the end, they both worked out. So in this wide-ranging conversation, we share what we learned, what we'd do differently next time around, and what surprised us most about the whole process.
And hopefully it can help other online business owners who might be dealing with similar questions!
What you’ll learn in this episode:
- Why Kate and Rachel decided to sell
- How to know what your business is worth
- The different ways they found buyers
- What they would have done differently leading up to the sale
- The thing that surprised them most
- What mindset you need to embody to successfully sell your business
- Their best advice on how to build a sellable asset
Subscribe and Review
Thanks so much for joining me this week. If you liked what you heard, please leave an honest review for The Success with Soul Podcast on Apple Podcasts so we can improve and better serve you in the future. Plus, you could be featured on a future episode during our listener spotlights. Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show, and I read each and every one of them.
And finally, don’t forget to subscribe to the show on Apple Podcasts to get automatic updates. My goal for this podcast is to inspire those who seek flexibility and freedom in their lives by making something happen with holistic, soulful, step-by-step strategies from me and other experts.
Links + Resources Mentioned in this Episode:
- Ready to maximize your business's potential? Check out the sanity-saving, abundance-creating strategies we use inside the Success With Soul Incubator that help you start building a business you love and that serves your whole life.
- Follow me on Instagram @katekordsmeier
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EPISODE CREDITS:
Produced by Dave Visaya at https://www.podcastengineers.com/
