Tag: finance

Boomer Sells The Business: A Step-by-Step Guide to Cashing Out & Living Large by Frank Felker and Marty M. Fahncke Review

On By authoranthonyavinablogIn reviewsLeave a comment

I received a free copy of this book in exchange for a fair and honest review. All opinions are my own. 

Authors Frank Felker and Marty M. Fahncke share the best way to sell your business and maintain your legacy on your own terms in the book “Boomer Sells The Business: A Step-by-Step Guide to Cashing Out & Living Large.”

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The Synopsis

Every business owner will exit someday. The only question is: will it be on your terms – or someone else’s?

Boomer Sells The Business is your step-by-step guide to selling your business for the highest possible price—to the perfect buyer—while protecting your team, your legacy, and your peace of mind.

Whether you’re years away from selling or ready to cash out soon, this practical, no-fluff guide walks you through everything you need to prepare for a profitable and purposeful exit.

Co-authors Frank Felker and Marty M. Fahncke combine decades of entrepreneurial experience, over $450 million in executed buy/sell transactions, and firsthand advisory insights to help you avoid the most common – and most costly – mistakes owners make when it’s time to sell.

Inside, you’ll learn:

  • How to avoid the #1 mistake business owners make when exiting
  • The 7 steps to building a “sale-ready” business
  • Who’s most likely to buy your business—and who to avoid
  • How to emotionally and financially prepare for life after the sale

You’ll also discover how to protect your employees’ futures, create an exciting post-exit lifestyle, and learn from real-world stories of business owners who sold successfully—and those who didn’t.

Don’t leave your life’s work to chance.

With over 80% of businesses never being sold, Boomer Sells The Business gives you the tools, strategies, and mindset shifts to beat the odds—and create the future you deserve.

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The Review

This was such an insightful and engaging read. One thing most businesses probably don’t think about is the longevity of the company should something happen, whether that is a change in the economy or the passing of the business owner or something else beyond a person’s control. The authors brilliantly highlight the need to make a person’s business sell-ready, even if you aren’t looking to sell yet. The straightforward, honest, and detailed writing style spoke to the business itself, utilizing numerous case studies to emphasize each point made in the book. 

The guide itself worked well on so many levels, not only exploring why businesses need to make their businesses ready to sell, but also how to utilize this method to maximize business now and give owners peace of mind, as well as the team helping the business thrive. I also appreciated the authors taking the time to recognize when a good time to sell is versus a bad one, such as acknowledging the existence of burnout in business and why selling because of it can be detrimental to the business you spent so long building. 

The Verdict

Engaging, thought-provoking, and expertly crafted, authors Frank Felker and Marty M. Fahncke’s “Boomer Sells the Business” is a must-read nonfiction book on business. The expertise and knowledge readers gain, the sense of peace of mind the guide gives to companies overall, and the way readers can read through this book and then return to it time and time again for references make this a compelling guide to have when building a business and then ensuring it is ready to sell. If you haven’t yet, be sure to grab your copy today!


Rating: 10/10

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About the Author

Frank Felker is an author, educator and lifelong entrepreneur with more than 50 years experience starting, running and helping small businesses. 

The bestselling author of five books on marketing, sales, and entrepreneurship, he is also the creator and host of what is arguably the longest-running small business podcast anywhere, Radio Free Enterprise, which first started dropping episodes in 2004 and continues to this day.

In addition to working with hundreds of small business owners, Frank has also consulted to or presented for large corporations and organizations such as Texas Instruments, Microsoft, Constant Contact, The International Center for Entrepreneurial Development, Printing Industries of America, GBC Corporation, Isagenix, America Online, Xerox, and IBM.

Over 26,000 entrepreneurs from 170 countries are enrolled in his online business courses and he has presented before thousands more across the United States, in South America, Britain, and Europe at venues including the Kennedy Center, The Venetian Las Vegas, and the headquarters of America Online and Texas Instruments.

Frank encourages his readers to reach out to him on LinkedIn and Facebook – be sure to tell him you’re a reader so he’ll be sure to accept your invitation to connect.

Meet Marty M. Fahncke, a seasoned world-class Marketer with over 35 years of experience in growing & scaling businesses, and over 25 years of experience in Mergers and Acquisitions. Marty{s first taste of success in acquisitions came early on when a business he co-launched with some friends was acquired for 7 figures after just 18 months in business. But he quickly learned that the acquisition process is not always as easy as it seems. Fast forward to today and Marty has helped businesses scale to over $1 Billion in revenue and executed over $450 million in Mergers and Acquisitions transactions. Along with his partners, they are actively acquiring businesses across various industries including e-commerce, consumer goods, health & wellness, agencies, SaaS, and more. In addition, Marty offers his expertise as an M&A Advisor, assisting business owners in the successful process of selling OR acquiring businesses. He knows that buying or selling a business can be time-consuming, stressful, and can occasionally be a roller-coaster of emotions. But with expert guidance from Marty and the team from Westbound Road, it can also be rewarding and lucrative.

As a Sell-Side Advisor, Marty helps business owners get a top valuation for their business with the least amount of stress and risk. He advises on selling strategy, marketing the business for sale, deal negotiation, due diligence, and every other step of the way until the deal is done and your money is in the bank.

Goodreads

https://www.goodreads.com/book/show/235860418-boomer-sells-the-business

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https://www.linkedin.com/company/boomer-sells-the-business/

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Introduction to the Modern World of Day Trading Stocks by Alex Smith Review

On By authoranthonyavinablogIn reviewsLeave a comment

I received a free copy of this book in exchange for a fair and honest review. All opinions are my own. 

Author Alex Smith shares the dos and don’ts of day trading stocks and the path to becoming successful in the book “Introduction to the Modern World of Day Trading Stocks.”

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The Synopsis

Most people fail at day trading because they fail to educate themselves on what works and what doesn’t work. Becoming a successful day trader requires solid education on what works and what doesn’t work so you can double down on the former and avoid the latter.

In this book, Alex Smith provides the reader with factual information on what works and what doesn’t work in the modern world of day trading. A seasoned trader, Alex shares all the knowledge necessary for any self-motivated individual to begin their journey to becoming a successful day trader. He takes the reader on an 11-chapter journey that inundates them with everything they need to know to get started and grow their trading capital.

Once again, becoming a successful day trader requires solid knowledge of what works and what doesn’t work, and this provides economical access to such knowledge.

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The Review

This was a well-developed and thoughtful read. The author did a fantastic job presenting the ideas and work that go into day trading as an easy-to-understand process that appeals to newcomers and experienced day traders alike. The book’s practicality speaks for itself, often providing exercises and tools that beginners can use to better understand the practice of day trading.

The author also does a great job of demystifying the idea of day trading and speaking to the modern uses of day trading. For many, day trading is a risky and challenging job that only the rich can truly understand. Still, the author presents the tools needed to successfully navigate this world in a way that everyday people can put this into practice for themselves. The author also emphasizes the psychological impact this job can have on people, and the tools he uses to help manage the stresses and challenges make this a memorable book to read.

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The Verdict

Thoughtfully written, insightful, and engaging, author Alex Smith’s “Introduction to the Modern World of Day Trading Stocks” is a must-read guide to the complex world of day trading. The inclusion of day trading terms and their definitions, and the author’s ability to simplify many of the technical aspects of this profession, make this a remarkable book. If you haven’t yet, be sure to grab your copy today!

Rating: 10/10

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About the Author

Alex Smith is an entrepreneur and self-taught investor, and the author of Introduction to the Modern World of the Stock Market.

His work is focused on investment and navigating the stock market, aiming to help readers build wealth, no matter their experience level.

Alex has over half a decade of experience in stock market investment and is of the firm belief that anyone can build wealth by investing in the stock market. Having participated as both a trader and an investor, he has a deep understanding of the intricacies of the market and has seen considerable success himself – so much so that he now has the freedom to retire whenever he wishes.

Aware of the fact that many would-be investors are put off simply because they don’t know where to start, Alex is committed to sharing his knowledge and experience with others to help as many people as he can to build their wealth and work toward financial freedom. Now dedicated to this mission, he writes both books and articles to help new investors. His website, acdspublishing.com, provides further information and guidance.

Alex is a husband, father, and grandfather… and a self-confessed foodie who loves to travel. He and his wife have visited 32 states in the USA to enjoy the local cuisines and take in the sights, and they plan to keep traveling – an opportunity his investment success has enabled.

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Inside the Insurance Industry: Fourth Edition: Insurance Help for Individuals and Businesses by Kevin L. Glaser Review

On By authoranthonyavinablogIn reviews1 Comment

I received a free copy of this book in exchange for a fair and honest review. All opinions are my own. 

Author Kevin L. Glaser shares his knowledge and experience within the insurance industry to help people better understand how coverage works in Inside the Insurance Industry: Fourth Edition.”

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The Synopsis

This comprehensive guide is perfect for anyone seeking to navigate the complexities of insurance, including individuals, business owners, students, attorneys, risk managers and insurance professionals.

Highlights of this book include:

  • New insights into managing risk and emerging industry trends.
  • Expanded sections on pricing, claims processes, and securing the best insurance deals.
  • Clear explanations of insurance company operations and how departments affect policyholders.
  • Practical tools like a sample Insurance Proposal Worksheet.
  • Tips for avoiding litigation and effectively handling insurance claims.
  • A glimpse into the future of insurance and its potential impact.

During a professional career as an insurance consultant spanning over 20 years, the primary focus during each project was to both enhance insurance coverage and save money for clients. This approach has been carried over into the contents of Inside the Insurance Industry – Fourth Edition, where readers can both improve their insurance knowledge and save more money than was spent on this book.

Written in plain language, this book breaks down industry jargon, offering actionable advice for saving money and making informed decisions. Whether you are new to insurance or looking to deepen your expertise, this resource is designed for you!

The Review

This is a truly informative and engaging read. The author does a remarkable job of outlining the ins and outs of insurance companies, how they work, and how both individuals and businesses can learn and adapt to these companies in their own lives. The author’s ability to provide so much detail yet write in such a succinct and engaging way made the subject matter feel meaningful and educational all at once.

The author’s ability to illuminate the information provided in this book was phenomenal. The author delves into everything from risk management to specific aspects of insurance companies, such as how claims adjustors work and their ultimate goals when working with those looking to make insurance claims. Because of that, readers can better understand the process of attaining and utilizing insurance as a whole.

The Verdict

Thought-provoking, enlightening, and memorable, author Kevin L. Glaser’s “Inside the Insurance Industry: Fourth Edition” is a must-read nonfiction book on the insurance game. The book gives readers an in-depth look into insurance, from specific tools such as sample worksheets to a full appendix explaining the language of insurance practices, along with a specified case study. If you haven’t yet, be sure to grab your copy today.

Rating: 10/10

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About the Author

Inside the Insurance Industry – Fourth Edition: Insurance Help for Individuals and Businesses is Kevin Glaser’s most recent book. This edition expands prior topics, contains several new ideas to help readers save money, and assists with making informed decisions. Ultimately, it helps to avoid out-of-pocket payments resulting from inadequate coverage or failing to address uninsured risk exposures.

He has written other well-received books. Inside the Insurance Industry – Third Edition is a consumer-focused book that describes topics such as the inner workings of insurance companies and how insurance is sold. By better understanding the insurance process consumers can both save money and obtain broader coverages.

The Great Tompall: Forgotten Country Music Outlaw is an in-depth biography of Kevin’s uncle, Tompall Glaser, an iconic and influential country music performer and business owner during country music’s outlaw era. Tompall often stood alone in his fight for artistic freedom for Nashville musicians and he paid the price. While he became the “forgotten outlaw,” this book explains the significant roles he played in the development of country music during the 1950’s through the 1980’s.

Glaser’s primary occupation involves providing insurance and risk management consulting services, litigation support and expert witness testimony across the USA.