Thinking about selling your business? Here’s everything you need to know. In this episode, I sit down with the amazing Cathryn Lavery to hear the incredible story of how she sold her business—and then bought it back. We chat about the real challenges entrepreneurs face when selling a business, the must-know tips to protect yourself from making expensive mistakes, and how to secure the best deal. Cathryn also shares how $230,000 was stolen from her business, and we dig into how she's using AI and tech solutions to stay ahead, especially in a post-COVID world. Timestamps: 00:00 Introduction: Key Takeaways from This Business Journey 00:58 What 'Hanging Around the Hoop' Means for Your Business Strategy 03:44 How to Decide Whether to Sell Your Business 08:33 Adapting Your Business Strategy During COVID 10:25 How to Navigate the Business Selling Process: Proven Tips and Negotiation Strategies 13:59 What to Expect After Selling Your Business 17:29 Things to Know Before Selling Your Business 23:05 How to Approach Rebuying Your Business 27:57 Negotiation Tips 34:48 Starting Over: Essential Lessons and Strategies for Success 37:48 Best Ways to Use AI to Optimize Business Operations 50:10 How AI Can Improve Both Personal and Business Efficiency 55:44 How to Combat and Prevent Counterfeit Issues in Your Business 58:21 Dealing with Embezzlement: Protect Your Business from Theft 01:09:28 Advantages and Challenges of Hiring Remote Talent 01:12:21 Effective Personal Productivity Systems and Life Hacks 01:16:29 Closing Thoughts If you enjoyed this episode, please like and subscribe, share it with your friends, and leave us a review. We read every single one. Know more about Billion Dollar Creator: https://www.billiondollarcreator.com/ Follow Nathan: Instagram: https://www.instagram.com/nathanbarry/ LinkedIn: https://www.linkedin.com/in/nathanbarry/ Twitter: https://twitter.com/nathanbarry Website: https://nathanbarry.com/ Follow Cathryn: YouTube: https://www.youtube.com/@LittleMight Twitter: https://twitter.com/cathrynlavery TikTok: https://www.tiktok.com/@cathrynlavery LinkedIn: https://www.linkedin.com/in/cathryn-lavery/ Instagram: https://www.instagram.com/cathryn.lavery/ Featured in this episode: Michael Girdley - https://www.girdley.com/ BestSelf Co. - https://bestself.co/ ConvertKit (soon to be Kit) - https://convertkit.com/ ChatGPT - https://chat.openai.com/ Claude (AI assistant) - https://www.anthropic.com/ Fiverr - https://www.fiverr.com/ Final Loop - https://finaloop.com/ Super Whisper - https://superwhisper.com/ Sagan Passport - https://saganpassport.com/ Quick Hire VA - https://quickhireva.com/ Online Jobs - https://www.onlinejobs.ph/ Alexa - https://www.amazon.com/alexa Little Talk - https://bestself.co/products/little-talk-deck Tropical MBA - https://tropicalmba.com/"Before the Exit" - https://a.co/d/dzlXNcH Highlights: 03:14 Decision-Making Framework 34:48 The Struggle of Founders and Blank Slates 35:42 Nathan’s Major Shift in Management Strategy 44:42 Joining a Team Without Context: Lessons from Apple University 01:06:08 Embezzlement and Taking Vacations