Today we have a special guest who will take us through the process and strategies she used when she sold her business. Gayle McCann shares what she and her husband, Pat, learned through the process of selling their business twice, to two different people. In addition to that, Gayle and I talk about the different kinds of people it takes to run, sell, and buy back a business, and the different strategies Gayle and Pat used when they were running their business together.
What you will learn:
Gayle’s history and background
The process of selling, buying back, and then selling their business again
What are the different ways you can grow your business?
How they hired a team of advisors to help buy and sell their business
The important things to look for when you hire professionals for advice
What the differences were between both buy-outs
Gayle’s experience, transitioning out of the business
Quotes
“The more you learn about the different things available, the more you’re going to figure out what you want.” - Ryan
“We did something very innovative, that no one else had ever done; we actually hired an underwriter from an insurance company because we wanted to focus on having a set-up of support people that were the top in their industry, that were going to give our clients A+, level 10 care.” -
“You don’t need--to live the life you want to, doesn’t take as much as people think.” - Ryan
Takeaway:
Learning from other people’s journeys can help you refine what you want. This will help you be able to approach the out-of-the-blue offers and your eventual growth plan with the knowledge to be able to create the options you want.
Links and Resources:
Gayle McCann, LinkedIn
ARKONA Boot Camp
Reach out to me if you have questions about the boot camp!
You can also reach out to me via email at rtansom@arkona.io or on my LinkedIn
About Gayle:
Gayle an experienced executive and entrepreneur with a demonstrated history of working in the employee benefits industry. In 1984 Gayle co-founded an employee benefits brokerage, Johnson McCann, that grew rapidly until 2012 when they merged with 3 other brokerages making them the largest independent insurance brokerage in Minnesota. Their division continues to specialize in employee benefits insurance. Gayle’s skill was chief strategist for our clients in managing their benefits package while managing our employees and the business. Gayle’s client niche markets were working with medical groups and hospitals, non-profits, public and private education institutions, and specialized businesses.
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