INspired INsider Podcast: Lessons Learned from Buying and Selling Businesses with Mark Daoust Founder of Quiet Light Brokerage

Lessons Learned from Buying and Selling Businesses with Mark Daoust Founder of Quiet Light Brokerage

Nov 16, 2017

Mark Daoust founded Quiet Light Brokerage in 2007, they help entrepreneurs with an online business sell their website for maximum value. He started Quiet Light after selling an online publication that he built to over 220,000 subscribers and since has helped thousands of entrepreneurs sell their business.

Here’s a glimpse of what you’ll learn:

[1:05] Jeremy introduces his guest, Mark Daoust.
[2:10] Mark talks about his experience selling his first business.
[9:30] Lessons Mark learned from selling his business and helping his friend sell his.
[12:00] What Mark did after he sold his first business.
[15:00] A business acquisition horror story.
[19:00] Avoiding bad business acquisition deals.
[22:00] Questions sellers need to answer before going forward with a deal.
[28:00] What has been the trend with ecommerce businesses?
[32:00] The wisdom in paring back business efforts in order to grow.
[33:30] A positive businesses acquisition story.
[36:30] Tools and software that Mark and his team use.
[39:00] Reasons why people seller their businesses.
[42:00] Mark talks about valuations and businesses for sale on his website.
[49:30] How do buyers finance the purchase of a business?
[59:00] Why you shouldn’t wait too long to get a valuation.

In this episode…

What insights can be learned from buying and selling businesses? How can you, as a business leader come away with lessons that you can apply to how you run your organization? On this episode of Inspired Insider, you’ll hear from entrepreneur and innovator, Mark Daoust. Mark shares helpful stories and tips from his unique vantage point as a broker between buyers and sellers of various sized businesses. Learn from stories about good and bad acquisitions and even tips that’ll help you avoid mistakes others have made. You don’t want to miss this episode and the important advice Mark has for leaders like you!

Can you imagine being in the middle of a terrible business situation? What can leaders like you learn from such a frustrating and disastrous scenario? On this episode of Inspired Insider Mark Daoust shares the story of a really nightmarish situation that ended up teaching him some valuable lessons. The primary takeaway that Mark came away with in this situation is to really dive deep and make sure you verify the information provided in a business acquisition. Even then, some of the best brokers out there can get fooled by forged documentation. To hear Mark go into detail about this story and the lessons he learned, make sure to catch this episode!

Wouldn’t it be great to have someone take a look at your business operation and give you an objective and balanced evaluation? Even if you aren’t thinking of selling your business, it might be a great idea for you to consider getting a valuation. On this episode of Inspired Insider, you’ll hear from entrepreneur and business leader Mark Daoust. Mark explains how he has helped leaders like you walk through the valuation process to discover where there strong and weak points of their business are located. Based on this information, the leaders were better equipped to plan for the future and make informed decisions. Get more helpful insights like this one from Mark by listening to this episode!

Have you ever wondered what is going on with all the businesses popping up in the ecommerce marketplace? Is it a good sector to start investing in, even possibly buying ecommerce businesses that are for sale? On this episode of Inspired Insider, you’ll hear from guest expert Mark Daoust as he shares his insight as a business leader and broker. With the rise of Amazon and all the effort surrounding a big push in the ecommerce industry, there is a great opportunity for leaders like you to get started with your own small business or to purchase one that is ready to go. If you’d like to hear more about Mark’s analysis of the ecommerce marketplace and other helpful observations, make sure to listen to this episode!

What is your business worth? Seriously, do you know how much your business is worth in the marketplace today? There are many reasons why a business leader needs to have a good idea what their company is worth. On this episode of Inspired Insider, Mark Daoust explains why leaders like you should keep tabs on how much your company is worth and the steps you can take to increase its value. Many leaders are scared or they simply put off getting a valuation. Learn all about the process the good parts and the difficult parts, from Mark and his year of experience guiding leaders through this process. You don’t want to miss this interesting episode!

Resources Mentioned on this episode

Sponsor for this episode

Rise25 is where entrepreneurs of 6,7, and 8 figure businesses come together live and in person every few months to solve their biggest business challenges through this high-level Mastermind group. Each member leaves each week with lifelong friendships and actionable steps to take their business to the next level. Check out Rise25.com - a group run by myself and cofounder John Corcoran. Rise 25 is application only.