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The Emotional Rollercoaster of Selling A UX Agency with Trenton Moss
Manage episode 461286267 series 3638634
Вміст надано Barnaby Cook. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Barnaby Cook або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Trenton, the founder of a UX agency, shares his experience of selling his business. He discusses the background of his agency and the type of clients they worked with. Trenton talks about the growth and turnover of the agency, as well as the ownership structure and share options. He explains the reasons behind his decision to sell, including a difficult financial year. Trenton shares the process of finding potential buyers and negotiating the deal. He discusses the integration and transition period after the acquisition. Finally, Trenton talks about his next steps and the launch of his new business. In this conversation, Trenton reflects on his experience of selling his agency and the pride he felt in overcoming challenges. He also discusses the importance of taking time to appreciate and reflect on achievements Takeaways
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- Selling a business can be an emotional journey, and it's important to consider the fear of what comes next and the impact on the team.
- Building a strong and attractive business is crucial for a successful sale, and focusing on client relationships and revenue growth can make a business more appealing to potential buyers.
- Integration after an acquisition can be challenging, and it's important to consider the cultural fit and the impact on the existing team.
- Leaving a business and transitioning to a new phase can be daunting, but it can also open up new opportunities for personal and professional growth.
- Reflecting on the experience and learning from the process can help inform future decisions and improve future outcomes. Overcoming challenges can lead to a sense of pride and accomplishment.
- Business owners often struggle to appreciate their achievements while they are in the midst of running their businesses.
- Taking time to reflect and appreciate accomplishments can help business owners gain perspective and satisfaction.
Join The Exit Plan mailing list: http://eepurl.com/iC8sIY
Connect with Trenton: https://www.linkedin.com/in/trentonmoss/
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