Built to Sell

Creating a Business That Can Thrive Without You

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  • According
  • to
  • John
  • Warrillow,
  • the
  • number
  • one
  • mistake
  • entrepreneurs
  • make
  • is
  • to
  • build
  • a
  • business
  • that
  • relies
  • too
  • heavily
  • on
  • them.
  • Thus,
  • when
  • the
  • time
  • comes
  • to
  • sell,
  • buyers
  • aren't
  • confident
  • that
  • the
  • company-even
  • if
  • it's
  • profitable-can
  • stand
  • on
  • its
  • own.
  • To
  • illustrate
  • this,
  • Warrillow
  • introduces
  • us
  • to
  • a
  • fictional
  • small
  • business
  • owner
  • named
  • Alex
  • who
  • is
  • struggling
  • to
  • sell
  • his
  • advertising
  • agency.
  • Alex
  • turns
  • to
  • Ted,
  • an
  • entrepreneur
  • and
  • old
  • family
  • friend,
  • who
  • encourages
  • Alex
  • to
  • pursue
  • three
  • criteria
  • to
  • make
  • his
  • business
  • sellable:
  • *
  • Teachable:
  • focus
  • on
  • products
  • and
  • services
  • that
  • you
  • can
  • teach
  • employees
  • to
  • deliver.
  • *
  • Valuable:
  • avoid
  • price
  • wars
  • by
  • specialising
  • in
  • doing
  • one
  • thing
  • better
  • than
  • anyone
  • else.
  • *
  • Repeatable:
  • generate
  • recurring
  • revenue
  • by
  • engineering
  • products
  • that
  • customers
  • have
  • to
  • repurchase often.
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