Episode #49 How To Grow A Business To Exit Rich With Michelle Seiler Tucker

<p><b>Today’s podcast guest knows the ins and outs of running a business. Michelle Seiler-Tucker is a serial entrepreneur who wears many hats. She is a merger and acquisition master intermediary, a senior business analyst, author, speaker and TV host among others. With over 20 years in the business world, Michelle is here today to share her business wisdom and let business owners know how they can grow a sustainable business. </b></p><p><b>What’s Your Favorite Part of Being in Business?</b></p><p><b>Michelle’s favorite part of being a business is hearing stories from fellow entrepreneurs. She loves hearing how they started their business, their goals and how she can help them. She takes the term “servant leadership” to heart and genuinely loves helping others. How does she help her clients?</b></p><p><b>Michelle specializes in buying, selling, fixing and growing businesses. She has sold over 500 companies and conducted thousands of business evaluations. Her focus is to help small businesses grow or sell businesses to make more money. She aims to make every business she works with sustainable and scalable. She also helps business owners develop and scale their franchises. </b></p><p><b>The Growth of the Startup</b></p><p><b>As we all know, the pandemic has changed how everyone does business. With more and more businesses switching to a digital platform, chaos and overwhelm are running rampant in the business world. Michelle explains that over 160,000 startups were established in 2020, most being digitally-based, which is an astonishing number when compared to previous years. </b></p><p><b>Will all these startups survive? Michelle says it’s all about establishing a solid foundation. Whether you’ve been in business for a year or a decade, your business will not be sustainable without a solid foundation. What goes into a solid foundation? The main factors are systems and processes, adaptability and surrounding yourself with the right people. </b></p><p><b>For example, 2020 showed us the companies that failed to adapt