Nov. 24, 2024

Colin Sanburg's secrets on how to build and sell a company

Colin Sanburg is a multi-business owner and Founder of FinElevate

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About my Guest Colin Sanburg:

Colin Sanburg is a multi-business owner and Founder of FinElevate. This MBA-led strategic accounting firm helps business owners use their numbers to make money rather than simply better categorizing their expenses. As CEO and owner of manufacturing, distribution, and service businesses, he developed a passion for demystifying small business finance and supporting fellow entrepreneurs in achieving their dreams.

What we Discussed:   

 

- Who is Colin Sanburg (1 min)

 

- What business did he get involved in at 21 yrs (2:45 mins)

 

- The advantage of doing an MBA after being in the work force (4 mins)

 

- What did the MBA cover (5:15 mins)

 

- Why they brought him to other countries in the MBA (6:30 mins)

 

- Sometimes the owner of a company does not evolve (7:45 mins)

 

- Challenges with small businesses with cashflow (9:15 mins)

 

- The dangers of using invoice disconting companies (11:30 mins)

 

- Should you give a discount for early paayment (14 mins)

 

- Using a Mastermind Group (15:45 mins)

 

- Different goals of mentor / mastermind groups (18 mins)

 

- Ensure you have structure in the Mastermind group (19:30 mins)

 

- The advice comes in thirds (22:30 mins)

 

- Begin with the Exit Strategy in a Business (23:30 mins)

 

- How to value the company (25 mins)

 

- What does Fin Elevate do (26 mins)

 

- How does he manage his time with a few companies (29:30 mins)

 

- Daily action lists (31:30 mins)

 

- How training helps productivity (34:30 mins)

 

- Book Recommendations (36 mins)

 

Where to find Colin Sanburg : 

  https://finelevate.com/ https://www.linkedin.com/in/colinsanburg/

 

https://www.facebook.com/colin.sanburg

 

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Roy Coughlan

Podcast Coach

Serial Entrepreneur and host of 6 Podcasts. All 6 got to the Top 5%. 5 got to Top 1% and 4 to Top 0.5%.

I am a podcast coach so can help you do the same.

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I help clients get on the Top Rated Podcasts to promote their business or book.

I have produced and edited over 1,100 Episodes include over 100 live with top guests like Miki Willis, David Icke, Thomas Renz, Sherry Tenpenny and more

Colin Sanburg Profile Photo

Colin Sanburg

Colin Sanburg is a multi-business owner and Founder of FinElevate. This MBA-led strategic accounting firm helps business owners use their numbers to make money rather than simply better categorizing their expenses. As CEO and owner of manufacturing, distribution, and service businesses, he developed a passion for demystifying small business finance and supporting fellow entrepreneurs in achieving their dreams.