[Podcast] Business Exit Insights - Joe Covey
In this podcast, Joe Covey, a New York-based entrepreneur and investor, discusses his experience of buying and selling companies. Joe shares advice for CEOs and founders contemplating a sale, including selling before declining revenues, surrounding themselves with a capable team, and preparing mentally for post-sale life. He also highlights common mistakes in the sale process, such as losing focus on the business's performance and not communicating effectively with employees. Joe stresses the importance of aligning with buyers who share your values and concludes by encouraging listeners to reflect on their life balance and pursue their passions after a successful sale.
