Sensational education session James. After 25 years of being on repeat, I will be watching this one over and over. We set our business up with no intention to sell and I now see it was the biggest mistake we made. Thanks James, you are a champion.
@JamesSinclairEntrepreneur7 ай бұрын
As always, thanks John for the comment and support John!
@johnbuckley15337 ай бұрын
@@JamesSinclairEntrepreneur thank you James, I have discussed this with my team, watched the video 4-5 times, and we in putting the missing components into our 5 year plan. I appreciate your generosity with your information.
@realcorkdan7 ай бұрын
one of the best videos i’ve seen on KZbin… i agree with the hiring of an accountant or financial house to sell your business
@JamesSinclairEntrepreneur7 ай бұрын
That's very kind of you to say! Thank you!
@joeingram17 ай бұрын
Learned so much here - main takeaway is to start getting good at getting a business ready to sell
@Andrew-rs6hl3 ай бұрын
Sensational video, I agree most of the business preaching videos on KZbin are fluff, trying to sell you something or misguided ego trips. This is pure gold, and a must see for everyone.
@Ben_conduit7 ай бұрын
Most powerful video on KZbin right now to make some real money!! Thanks James 🙏🙏
@JamesSinclairEntrepreneur7 ай бұрын
Glad it was helpful!
@MrDavezzzzzzzzzz7 ай бұрын
Hey james, huge fan for the last few years. For that liquidity day, do you have to sell the business or just dispose of the business assets? This means you keep the company another few years and do it again to get the full 1m relief. Also can use your spouse for this relief to get double the relief
@ryanwood14547 ай бұрын
Enlightening stuff, James. I've been following your content for years now, and have finally let my entrepreneurial spirit out of its cage. I'm 3 months in and already have a $35,000 ARR business. Without knowing it, you've played a big role in inspiring me and educating me on how to walk this path. So, first and foremost, thank you! Question: you're 20 years in and have yet to pull the trigger on a liquidity day, although of course you could do that at any time at this point. Am I correct in saying that you've consciously remained at the "Year 4" step of acquiring, acquiring, acquiring so that you can have a larger liquidity day? Are there extra steps in amending the plan in this way, or is it just continuing to acquire and scale for a larger pay day?
@simeonquarrie7 ай бұрын
This is a brilliant video. You’ve unlocked a different way of thinking for me. Thank you.
@Ogbod127Ай бұрын
Agree with what you say about marketing in-house. But don’t scrimp on that: I see so many smaller companies expecting a marketing expert in websites, graphics, copywriting, advertising, PR, events, sales, social media management, email marketing etc - and offering little over minimum wage 🤦🏼♀️ IF you can find this unicorn person (clue: it’s highly unlikely to be someone who’s just left uni or has one or two years’ experience - and each of these marketing disciplines can be specialisms in their own right), they need to be paid in line with the value they bring.
@keirankainthАй бұрын
This guy is great, deserves his success
@davethomson61666 ай бұрын
Essentials business playbook - so well presented. TED talks would surely forgive the 3min overrun. This should be part of our national school curriculum.
@mm3dgraphics7 ай бұрын
I've always found the initial cashflow part the absolute hardest. I think it's due to lack of connections. When you're starting out with a small network, even with a great product it's so hard to sell and get the cash coming in sometimes. I think it's why 90% of people give up.
@ossy2k37 ай бұрын
Fully agree. Been in family business for 15+ years. Have so many idea of my own, just not the cash flow to go out and do it
@thedappercook7 ай бұрын
That's why you must ensure you have an SEO friendly website and presence on Google and whichever social platforms your target audience is on.
@marketbeans6 ай бұрын
Best video I have watched to date !!!! so much wisdom packed into these 23 minutes
@bradwatton53857 ай бұрын
I’m quite a few stages in, but with some stages I am near the end, some near the beginning, aiming to improve every single day
@oatzman2137 ай бұрын
Excellent video, I've been learning from you for the past 6 months or so. I'm working hard on getting a tangible business idea in which I can apply the philosophy of this video. Wish me luck 🙏🏿
@JamesSinclairEntrepreneur7 ай бұрын
Thank you for watching and commenting, I'm glad you're enjoying the content! Wishing you lots of success. - James
@filmsofgilbert7 күн бұрын
Brilliant and valuable as always James. Found your channel from your podcast. A video idea- which countries are best to set up a business in according to industry?
@richhartessex3 ай бұрын
Very inspirational and engaging presentation James. So much content, delivered so eloquently. I’ve run my service based business for 22 years and am only now realizing the harsh reality of what I’ve been doing wrong. That’s not to say I’ve not made a nice living whilst working in the business, but this video finally gives me the clarity I’ve been searching for - the answer to ‘where’s all this going?’ And ‘what should be my end game?’ Just really appreciated the whole video - nice work and thank you 🙏
@JamesSinclairEntrepreneur3 ай бұрын
Very kind words. Glad you liked it.
@ClearmindstatlCoUkАй бұрын
Great video, very helpful thanks. Just started a new business this year, basically helping tradespeople to get more customers, with our done for you services and soon online marketing training. I’ve started to build my team, and I don’t take a wage. We have predictable income and it’s growing every month. My goal is to sale it in 5 years when I’m 50. My question is should I be focusing on the marketing and sales or just sales? Thanks
@alastairwhite16077 ай бұрын
What a video James, absolutely brilliant! Thank you for the great advice over the years
@JamesSinclairEntrepreneur7 ай бұрын
Glad you enjoyed it
@stepheno24627 ай бұрын
It’s a shame that this only has 17k views when there’s so many frauds out there peddling junk 10x, etc shows with far more views.
@michaelamazingfba372411 күн бұрын
Too true
@EssexGuy20127 ай бұрын
Great channel and amazing content. Keep up the good work James 👏
@JamesSinclairEntrepreneur7 ай бұрын
Glad you enjoy it!
@EssexGuy20127 ай бұрын
@@JamesSinclairEntrepreneur I actually remember when you first started out and was an entertainer. I also saw you again at Marsh Farm, after not seeing you for many years. You’ve certainly got out what you’ve put in and you deserve everything you’ve worked so hard for. I’ll keep watching and will implement as best as I can. Well done from one Essex guy to another 🙌
@BMBVentures7 ай бұрын
Seriously useful video! I’m in the hiring process now trying to get my time back to 80% sales and deal making!
@LukeStephenson7 ай бұрын
Sounds like you're teeing up for a nice liquidity day soon James. Good luck with it if you are. I'm hoping for one this year too (my M&A team are putting the IM together right now). It is a shame that taxes are so high for holding onto a business. I'd love to hold onto mine and grow it, but I refuse to pay the higher rate of tax because its a rip-off, so I’ll be stuck on 50k per year unless I sell. Guessing you're in a similar situation. Hope your Mrs is in on the BADR too :)
@willia_mbrown7 ай бұрын
Insanely valuable, thanks as always James. I need to come on your pod man!
@JulianHarris12 күн бұрын
A book I read a long time ago was The E-Myth: main principle being you treat an individual business as a franchise: working on the business, not in the business. I’m curious whether you’ve seen this model help you scale?
@barandbeyond37635 ай бұрын
Actually the best video I’ve ever seen from you and the most amount of useful knowledge on a video I’ve ever watched
@worcestersorcerer6 ай бұрын
Thanks James, really useful and enjoyable video. The restaurant and care home examples you gave made a lot of sense. However, these are both service industries. What about a business that has a successful product that they produce. Is it still best to sell the business, or scale up production and license your product? Particularly for high tech products. Are the 'trade' margins different too?
@gustavbrinkel54893 ай бұрын
Expert video, James - thank you sir!
@kenmarsden40527 ай бұрын
Hi James, I have just set up a roofing company, and would like your advice moving forward. Just bought your book yesterday getting customers. Also looking to purchase Dan Kennedy grassroots marketing. I will also be looking to buy some more of your books once I have finished these ones.
@GarethBoydSEOАй бұрын
Great video... be interesting to hear your thoughts on the capital gains tax interest that looks to be coming through in the budget?
@pcox417 ай бұрын
If you were starting from scratch today what business would you start and how would you go about it. Could be a great video series!
@JamesSinclairEntrepreneur7 ай бұрын
Already made that. It’s on the channel.
@danbradbury40677 ай бұрын
Jimbo knows his stuff!
@kieranproven48747 ай бұрын
It would be a great help if you added Amazon links to the books you recommend. Plus you will get a bit of money every time someone buys.
@JamesSinclairEntrepreneur7 ай бұрын
I’m going to make a reading list PDF and video of my favourite books!
@monzacarcareАй бұрын
Thanks James, top man
@uvsarah14 күн бұрын
I’m a solopreneur and I’d like to understand how to hire people to help me grow the business. I have lots of ideas but need to understand who can help me with the fulfilment of those ideas. Is there a way to do this with freelancers when in the early stages of a business where you you don’t have lots of profits to invest in employing someone
@wendytadokoro25916 ай бұрын
Thanks for your insightful videos. Do you give advice? How do we send questions?
@QMIXCONCRETE7 ай бұрын
Jay Abraham great content on copy- also another great video James 📈📈
@dickieblench50017 ай бұрын
This👍 Made it to heads of terms but no further. Im on the plan
@godisgood7897 ай бұрын
Excellent information here! This video content is invaluable!
@JamesSinclairEntrepreneur7 ай бұрын
Glad it was helpful!
@sham28997 ай бұрын
very useful video James. Excellent words of wisdom
@JamesSinclairEntrepreneur7 ай бұрын
Glad you think so!
@petephill479424 күн бұрын
Brilliant video
@sdhunter7 ай бұрын
Interested in your thoughts on holding that trade a while as a swing against negative swaps? Anything I hold for a while, I always like to go with the interest rate in my favour
@hahabobblehead20597 ай бұрын
Hi James, can you please make a video on identifying businesses/sectors with £10m+ potential?
@JamesSinclairEntrepreneur7 ай бұрын
Loads on the channel if you have a snoop around!
@hahabobblehead20597 ай бұрын
Appreciate the reply! Have watched most of your videos!
@DH-zp7bc7 ай бұрын
If you have intellectual property no one else has the process is much much quicker.
@antiageing2 ай бұрын
In these times its so precarious taking on debt it scares the shit out of me to put that pressure on my head that makes me freeze and then i cant function how do you deal with that?
@NewAgentHQ7 ай бұрын
Awesome video, what are the best business types that are sellable and which ones are not?
@ceoclips90947 ай бұрын
KZbin video about the process of Importing from China would be good one for you to make
@JamesSinclairEntrepreneur7 ай бұрын
We have done India and Turkey. China later this year.
@DarrenDimmick-yo7bx7 ай бұрын
This is a great video as always
@johnbuckley15337 ай бұрын
Good morning Campers.
@yasmina7214Ай бұрын
Amazing video
@wendywolfman7 ай бұрын
Love me some Sinclair action.
@sprouty3697 ай бұрын
Hi James i have been looking at a few companies lately to buy. Any advice please on finding finance for the deals ? I would prefer not to use any of my own funds if possible. Thanks
@JamesSinclairEntrepreneur7 ай бұрын
Difficult to do that. You need some funds. Be frugal and nifty for sure but doing it with nothing is not something I advise. Low money in is the trick not no money.
@zeemughal29427 ай бұрын
How to send letters to buy businesses, how to get the data
@tomatobrush32837 ай бұрын
James would like to meet you share some of my ideas.
@Matt-w2y7 ай бұрын
Asking for a friend, did you print those flipcharts?
@JamesSinclairEntrepreneur7 ай бұрын
Hahahaha - the blue covers I printed in house
@carvlogs35857 ай бұрын
What are the sectors the bank are investing in ?
@dickieblench50017 ай бұрын
Anything with recurring revenue
@matthewoxley28507 ай бұрын
Hey James your amazing, Your inspiring me and using a lot of your blue prints now. Is entrepreneur relief also something that works also?
@JamesSinclairEntrepreneur7 ай бұрын
Entrepreneurs relief is the old name for asset business disposal relief
@matthewoxley28507 ай бұрын
@@JamesSinclairEntrepreneur Yes sorry i researched that later today, should have done that before commenting, thanks James
@thepap0007 ай бұрын
When are you going to write a book?
@JamesSinclairEntrepreneur7 ай бұрын
I’ve wrote 4.
@jakstrike1Ай бұрын
Thanks
@jakstrike1Ай бұрын
Did that while listening in my pocket 😂 but I do enjoy the vids
@jamessinclairentrepreneur you really should have a TV show - you’re a great presenter. I can see you being the business version of the Hotel Inspector!