Welcome to the Sprint to Profit Podcast for Amazon Sellers. In this episode we’re speaking with Ben Leonard from Ecombrokers.co.uk. We’ll be talking about the reasons why looking to exit your Amazon business can and is a great perspective. If you don’t understand the right time to exit, or don’t scrutinize the fees, commissions, and agreements involved, you could regret your decision for not having dug deeper. Ben is here to help you avoid those mistakes so you can get the most out of your business.

Today, Ben talks about his journey into the world of business exits and acquisitions. He shares the lessons he learned as well as some best practice tips for you, so you will be prepared to sell, when the time is right.

To get some FREE training on what it takes to have a successful business to fuel your lifestyle, head to www.goteamreal.com to download our FREE training today. Also head to www.goteamreal.com/income to download your free INCOME calculator.

Talking Points:

• 00:23 - Hello and Welcome
• 01:09 - Ben’s background and how he founded EcomBrokers
• 05:02 - How Ecombrokers works with Amazon sellers specifically
• 13:00 - The lessons Ben learned from the exiting process
• 20:22 - The preferred situation for an Amazon seller who wants to exit their business
• 26:07 - How do you know if you’re ready?
• 35:00 - The biggest mistake that Amazon sellers make
• 43:55 - Final thoughts
• 45:21 - Conclusion

Resources/Links:

Ecombrokers: http://www.ecombrokers.co.uk/

Money/Time Investment Tool: https://www.goteamreal.com/smartgoal

Our Website: https://www.goteamreal.com/

Real Amazon Seller Facebook Group: https://www.facebook.com/groups/AmazonSellerRoundTable/

Quotes:

“What you can’t do is, you can’t wake up one morning and go, ‘I want to sell my business.’ Because there’s a heck of a lot of work to do.” - Ben Leonard

“There’s a lot you need to prepare now so that your business is sellable.” - Ben Leonard

“You really need to have a legitimate brand and not just a collection of stuff.” - Ben Leonard

“I really recommend that everyone have trademarks.” - Ben Leonard