“Can an entrepreneur achieve financial freedom by selling a business?” was just one of the skillfully crafted questions posed to me by Maša O. Popovic for the free digital magazine Mixer, available on Mixer.si. The theme of the third issue, which has just been published, is Financial Freedom. We also discussed the most typical misconceptions business owners have when deciding to sell their company and the sale strategies most commonly chosen by Slovenian entrepreneurs.
In summary, the answer to the opening question is as follows: “Entrepreneurs can achieve financial freedom by developing a successful business that they can sell when the right opportunity arises. However, given the many factors influencing a good return from selling a business, another—perhaps more realistic—option is to structure the business, so it no longer requires their active involvement, allowing them to draw dividends…” You can find more insights about what else an entrepreneur should consider when thinking about selling their business in the in-depth interview, available here: Mixer Digital Magazine.
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