Debunking Common Myths About Founder Exits
Founders exploring a potential business exit often hear misleading claims. Here are some common startup exit myths to ignore:
> Hardball Negotiations Work — Aggressive tactics often lose deals or leave money on the table. Take a collaborative approach.
> Exiting Means Retiring — Most entrepreneurs already have their next venture or project lined up. View an exit as just another accomplishment.
> Selling Out — Exiting is a celebration, not giving up your “baby.” You built an attractive business.
> Low Valuations Can’t Exit — With the right positioning and plan, even lower-value companies can significantly increase value.
> Build It And They Will Come — Maximising your valuation and accelerating an exit requires expert advice and preparation long before exiting.
Achieving your desired exit requires ignoring myths and taking proactive steps to ready your company.
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