In 2015, 25-year-old Alexx Leyva was traveling around Thailand when a shocking phone call brought him back to the United States to take over his father’s $3 million business.
Over the next five years, Alexx and his brothers tripled the company and ended up selling it for more than $20 million. This episode is a must-listen for anyone who works with family and friends.
You’ll learn how to:
10X your team.
Leverage job scorecards.
Create a high-performance culture.
Navigate the family dynamics of an exit.
Standardize your processes and procedures.
Create a bidding war for your business.
Prepare your business for an exit.
Listen Now
More About Alexx Leyva
Alexx Leyva, founder of Optimized Entrepreneurs, excels in enhancing entrepreneurs’ health through tailored fitness programs.
As former COO of Infinity Software, he spearheaded its growth to over $10 million in annual revenue. His earlier roles in HR and marketing at Infinity Enterprise Lending Systems significantly improved their hiring process and company culture.
His diverse skill set showcases his impact in both health and technology sectors.
Definitions
Due-Diligence:
This is a comprehensive appraisal of a business or investment undertaken before a merger, acquisition, or investment. It seeks to validate the information provided and uncover any potential risks or liabilities.
Earn-out:
This is a financing arrangement for the purchase of a business, where the seller must meet certain performance goals before receiving the full purchase price. It reduces the buyer’s risk and aligns the interests of both parties post-acquisition.
Confidential Information Memorandum (CIM):
This document is used in M&A (Mergers and Acquisitions) transactions to convey important information about a business, including its operations, financials, and outlook, to prospective buyers or investors.
Discover the strategies from Built to Sell that will not only grow your business but set you up for a lucrative exit.
Learn more about our newly launched self-paced online course The Built to Sell Blueprint.