Summary: <p>Robert Hirsch from Freedom Factory discusses <em>"How to Stay Involved in My Business But Sell the Majority".</em></p> <p> </p> <p><strong>Listen to the podcast, watch the video, or read the transcript below.</strong></p> <p></p> <p><strong>Additional Videos From Freedom Factory</strong></p> <p><a href="https://vimeopro.com/freedomfactory/freedom-factory/video/389990736"> Secret Value of Selling Your E-Commerce or Digital Business</a></p> <p><a href="https://vimeopro.com/freedomfactory/freedom-factory/video/389990000"> How do I Connect to My Purpose with My Business?</a></p> <p> </p> <p style="text-align: center;"><em>Transcript of Podcast</em></p> <p><img style="display: block;margin-left:auto;margin-right:auto;" src="https://assets.libsyn.com/secure/show/240215/best-business-brokers.jpg" alt="Robert Hirsch business broker from Freedom Factory" width="173" height="159"></p> <p>Hi, Robert Hirsch from Freedom Factory again, I just had a really interesting email from one of my clients, and long story short, rumors got out among their employees that they were selling the company and he chose not to share that with his team and now it's created some problems for him.</p> <p>And so I wanted to talk to you today about whether you should tell your employees that you're thinking of selling your company or not. To me, when I sell one of my companies or my advice on it, it's always honesty and transparency is the best policy. And that's easy to say and hard to do and you understand the culture at your company and whether you want to have an all hands meeting, whether you want to have an email, whether you want to discuss it. I love talking to our employees about it in a place that's face to face where it gives them the opportunity to talk to me and it gives me the opportunity to comfort them.</p> <p>Depending on the structure of your company, I usually have bonuses or incentives when the company sells, and as an entrepreneur, there's this really important lesson that I learned along the way. It's, there's no fun winning when there's nobody to high five, and if you're the only one that wins in the sale of your company and all your employees and the teammates and the people that have given the years of their life or are worried or concerned about what they're going to do next, often you can create a structure that makes it, that everybody wins and everybody celebrates together and perhaps, some of your core team is going to want to come with you. Perhaps they transition with the company. Most of the time when a company is acquired, they're going to want to keep the team in place for the continuity.</p> <p>So ultimately, how you choose to address this question is up to you and it's up to your corporate culture. But often I'll tell a few key members early and the people that are going to help me in the transition, but rumors are unavoidable, and if you don't talk to your team about it, then the rumors are going to start coming and then it's going to come back to bite you like it just bit my client in the behind and I like to get out in front of it early.</p> <p>I think honest and transparency and creating a game worth winning for everybody is a whole heck of a lot of fun. In that way when you win, you win with everybody. If you have any questions about how to disclose it or what that looks like, just give us a call at Freedom Factory. Please <a href="https://www.youtube.com/watch?v=mNQpAwCjf48">hit like and subscribe</a> and thank you so much for watching.</p> <h3>Contact Freedom Factory</h3> <p>Freedom Factory<br> 5500 Greenwood Plaza Blvd., Ste 230<br> Greenwood Village, CO 80111<br> Phone: 844-MAX-VALUE (844-629-8258)<br> <a href="https://www.freedomfactory.com/">https://www.freedomfactory.com/</a><br> <a href="https://g.page/freedom-factory-denver">https://g.page/freedom-factory-denver</a></p> <p><strong>Also, Follow Freedom Factory here</strong> </p> <p><a href="https://vimeopro.com/freedomfactory/freedom-factory">Best Business Brokers</a> - video portfolio</p> <p><a href="https://twitter.com/FreedomFactory7">Follow us on Twitter</a></p> <p><a href="https://www.facebook.com/Freedom-Factory-112201923642080">Find us on Facebook.com</a></p> <p><a href="https://www.linkedin.com/company/freedomfactory">Connect on Linkedin</a></p> <p><a href="https://www.youtube.com/channel/UCXUrv3qYNsR8NjZEWRDch5Q/">Youtube Channel</a></p> <p><strong>Available on Youtube:</strong></p> <p></p> <p> </p> <h4>Managing Partners</h4> <p>Learn more about the managing partners, <a href="https://www.linkedin.com/in/tyler-tysdal">Tyler Tysdal</a>, and <a href="https://roberthirsch.com/">Robert Hirsch</a>.<br> <br> <a href="https://tylertysdal.com/about">About Tyler Tysdal</a></p> <p> </p>
