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Bobby Albert took over the family moving business. Determined to succeed, he transformed his father’s five-person business into a fast growth company, eventually employing 150 people before being approached by a strategic acquirer.
Bobby Albert took over the family moving business when his father died unexpectedly. Determined to succeed, he transformed his father’s five-person business into a fast growth company, eventually employing 150 people before The Albert Group of Companies was approached by a strategic acquirer.
Rather than simply accept their first acquisition offer, Albert patiently negotiated the offer up by more than 100% before he agreed to be taken over.
In this episode, you’ll learn:
Albert credits getting discretionary effort from his team with his 5X revenue growth in the years leading up to selling his company. Evaluating how much distortionary effort you’re getting from your employees is something you’ll discover when completing Hub & Spoke, one of the 12 modules in The Value Builder System™. You can complete Module 1 right now by getting your Value Builder Score.
Click to Tweet: Ep. 79 of Built To Sell Radio, How To Double An Acquisition Offer For Your Business.
At Built to Sell we’re all about shifting the balance of power from the buyer to the seller. If you support our mission, please write a review on iTunes—and if you have any comments or questions you can find us on Twitter and Facebook. Tune in every Wednesday for another episode of #BuiltToSell Radio with John Warrillow.