A Little Pep Talk
Building a business that is saleable can feel overwhelming.
We read about these massive exits:
Google to Buy Mandiant, a Cybersecurity Firm, for $5.4 Billion
Bayer to sell pest control business Environmental Science to Cinven for $2.6B
Wolters Kluwer to acquire International Document Services for $70M
Headlines like these lead us to believe that selling a business is just for the big guys. Don’t believe the hype. With the right preparation, every business -- even a service based business -- even a business that was started based on trading your time for money -- has the potential to be saleable.
I’m here to tell you that intellectual property isn’t just for the big guys. You create intellectual property every day.
Every time you write a blog post.
Every time you make a presentation.
Every time you create SOPs for your team.
This newsletter.
Every time you share your intellect, you are creating intellectual property.
Creating a scalable and saleable business doesn’t require software or patents or any other capital intensive investments. It is simple -- make sure you own and control all of that intellectual property you create every day using your intellect.