Business Video Roundup: Valuing Your Team, Firing Employees & Selling Your Business
This week’s video roundup explores a range of business topics, including how to sell your business at the highest possible value, why firing someone is sometimes beneficial for both parties, and how to decide when to quit the day job to fully pursue your business venture. Plus, Fulton Grace Realty founder TJ Rubin discusses the benefits of giving up some control to others and Kevin O’Leary talks about the necessity of being ruthless in business in a 44-minute talk with CNBC co-anchor Tyler Mathisen.
Patrick Bet-David: How to Sell Your Business at the Highest Value
Selling your business, but not sure how to garner the highest value? In this 17-minute video, Patrick Bet-David breaks down the best steps to take when selling your business in order to get everything it’s worth.
Lily Ma: Why Firing Someone Is the Right Thing to Do
It’s something most entrepreneurs and small-business owners dread: having to let someone go. In this eight-minute video, Lily Ma explains why it’s often the right thing to fire an employee and offers some solid tips for going about it in a kind and respectful way.
Inc.: Kevin O’Leary Gets Real About Why You Must Be Ruthless in Business
To succeed in business you must even be willing to fire your mom, if it comes down to it. That’s one of the topics of discussion in this illuminating 44-minute discussion between CNBC co-anchor Tyler Mathisen and O’Leary Funds founder Kevin O’Leary.
Founder TJ Rubin Continuously Strives for Improvement & Values His Team as Assets
In this brief video profile, Fulton Grace Realty founder TJ Rubin talks about the challenges he has faced growing his company into one of the leading real-estate firms in Chicago. He zeros in on the benefits of giving up some control and allowing the right people to make decisions.
Entrepreneur: Why Jen Young Quit Her Job to Rent RV’s
When should you quit your day job to pursue your business venture full time? Outdoorsy co-founder Jen Young has a few thoughts on that as she shares her startup story.
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Cash flow gets the cautionary tales. Every owner who has scrambled to make payroll learns to respect liquidity, and they are right to. But beneath the cash flow conversation sits a deeper question—one that determines whether a business is worth running at all: is it actually making money?
Profit is the engine. Cash flow is the fuel line. You can keep a clean, well-managed fuel line delivering steadily…
How Does Factoring Work for Service-Based Businesses?
If you run a service business, you might wonder whether factoring is really for you — it’s often described with examples about shipping goods or delivering products. The good news: factoring works very well for service-based businesses. What you’re factoring is the invoice, and a service invoice is just as fundable as a product invoice, as long as the work is done and billed to a business customer.
What Questions Should I Ask a Factoring Company?
Walking into the conversation with the right questions puts you in control and quickly separates the straight-shooters from the slippery ones. Here’s a practical checklist to bring with you. A good factor will answer all of these clearly and without hedging.
On cost and fees What is your factoring fee, and exactly how is it structured — flat, or does it increase the longer an invoice is unpaid? What…
