Summary of Finish Big
How Great Entrepreneurs Exit Their Companies On Top
From FINISH BIG by Bo Burlingham. Summarized by arrangement with Portfolio, a member of Penguin Group (USA) LLC, a penguin Random House Company
A good exit from the company you built depends on planning how you will sell it from the day you open the doors.
Consult Bo Burlingham long before the sale of your company and, ideally, even before you start your business. Building a company always includes leaving it. The process of leaving starts the day you open your doors, and should inform every major decision you make and your strategy along the way. While other authors focus on the deal itself, Burlingham takes you through building a sellable business and preparing yourself for life without it. If the blood, sweat and tears of creating a valuable company – one someone might want to buy – doesn’t scare you away before you begin, then hang on for a ride that often gets even more challenging when the time to sell arrives. getAbstract recommends Burlingham’s advice to entrepreneurs and business owners. Whether you want to pass it along to your partners, board members, investors and employees is, well, your business.
In this summary, you will learn
- How to build a company to give it the best chance to sell;
- How to get the best deal possible for yourself, your partners, investors and employees; and
- How to prepare for life after you sell your business.
Comment on this summary
2 years agoA great book on how to set up your business properly to sell from start to finish. The risks and rewards involved from the entrepreneurs and investors' perspective to complete a deal during the good and bad time in the market. I really like the "growth potential" and "customer satisfaction's Net Promoter Score" to evaluate a company sellability score.
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