Eric Gilboord is a lifelong entrepreneur, Author, Public Speaker and the CEO WarrenBDC, a company that specializes in working with boomer aged business owners or those wishing to acquire their companies.
Eric is focused on solving a big problem. Sixty-five percent of all businesses in Canada and the United States are owned by baby boomers. Anyone born between 1946 and 1964. So this is a pretty big audience. Eighty percent of those owners do not have a plan in place or know how to transition. Most are counting on the sale of their company to fund their retirement, and in a lot of cases the value of the business is less that the owner needs for the desired retirement lifestyle.
In this episode Eric:
- Says Naysayers uninformed opinions are based upon their own life experiences
- Points out that the most important sale a business owner makes (the sale of the business) is the one they are worst prepared for
- Explains how he works with business owners to find unrealised potential
- States that the demand for businesses with predictable cash flow is strong
- Talks about some of the options business owners have when planning to exit
- Notes that after cashing out many entrepreneurs are choosing to buy another business rather than investing in financial markets
Direct link to interview page:
Also listen to the interview with Eric here:
Screw the Naysayers Episode Page: https://screwthenaysayers.com/podcast
Google Play Music: https://bit.ly/2NBgqMv