YoungUpstarts

article thumbnail

How To Sell Your Business For Maximum Profit And Why It’s Best To Sell When Business Is Thriving

YoungUpstarts

by Michelle Seiler Tucker , author of “ EXIT RICH: The 6 P Method to Sell Your Business for Huge Profit “ Successfully starting and growing a business can be a tough challenge for even the most adept entrepreneurs. Exiting a business for maximum profit, however, can prove even more difficult.

article thumbnail

5 Steps For Penetrating A New Market

YoungUpstarts

Entering new markets can be a great way for your business to expand its portfolio and diversify its product offering. Major companies like Tesla have already demonstrated the benefits of entering a new market with a winning position by leveraging opportunities in its current market space. Decide on Growth Strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[Interview] Benjamin Yee of EMERGE App

YoungUpstarts

There’s really little opportunity to innovate if you’re constantly watching your back and not listening to your customers and the market. Chinese, Hindi, Tamil and Spanish speakers make up a huge untapped market that we’re targeting next. Is this market of a sufficient size to be worth my time?”

article thumbnail

A 5-Step Plan To Assessing Your Business’s Sellability

YoungUpstarts

by Ryan Gould, Vice President of Strategy and Marketing Services at Elevation Marketing. As an entrepreneur, when you started your business, you most likely had dreams of rocket-speed growth and a multi-million dollar exit to a huge conglomerate, like Google or Facebook or Amazon. Another important metric is churn.

Valuation 145
article thumbnail

3 Steps To Get More Money Out Of Selling Your Business

YoungUpstarts

Recognize your position in the market, a realistic asking price, as well as what a potential buyer may be prepared to pay. In today’s market, buyers will want to feel confident in throughout understanding the ins-and-outs of the business that they are considering to purchase. Prepare an Exit Strategy.

article thumbnail

The Care And Feeding Of A Startup

YoungUpstarts

Facts: A startup does not necessarily have to begin with an exit strategy in mind. A startup is more like Typo Keyboards, which recently engaged ISBX as its software engineering team to help it grow rapidly enough to fill an urgent market demand for Apple’s iPhone 6 buyers. What is a Startup? Startups play in a bigger field.

Cofounder 100
article thumbnail

Four Major Startup Stages That You Should Know About

YoungUpstarts

Market Research. In this stage, you will also search the market to check if your idea is viable. If there is a gap in the market, there will be demand. Now the question is: How to find gaps in the market? MVP is the product that you can bring to the market. Next is marketing. There is a simple rule of thumb.

Startup 113