Dave Lukas Chats with Michelle Seiler Tucker
302: How to Exit Rich with Venture Capitalist and M&A Maven, Michelle Seiler Tucker
This week’s Misfit Entrepreneur is Michelle Seiler Tucker. Michelle is the founder of Seiler Tucker Incorporated, a pre-imminent company for fixing, growing, buying, and selling businesses. Over 20 years, Michelle and her team have assisted in the buying and selling of over a thousand businesses. She is also a venture capitalist and two-time #1 best-selling author, speaker, TV, and radio host. Her latest book is called, Exit Rich and it’s being hailed by everyone from Steve Forbes to Brian Tracy, Les Brown, Jack Canfield, and many others.
Michelle has been featured everywhere from INC to Forbes to Entrepreneur and holds just about every certification possible in the M&A space. It’s safe to say she is an expert in how to grow, sell, and buy businesses. And I’ve asked her to come on the show to go in depth in all those areas.
Get the book Exit Rich
Michelle has always been an entrepreneur going back to when she was a kid. She did work at Xerox and climbed the ranks quickly, but she could not stay and had to pursue her entrepreneurial spirit. She went into franchise space. She had a lot of buyers that would ask to buy existing businesses instead of starting from scratch. She saw an opportunity and began providing these services. Nowadays, her firm specializes in selling, buying, fixing, and growing businesses. She also invests in businesses and helps guide them to maximize their value.
What are the characteristics of a great business?
Go in depth on the 6 P’s. What do we need to know?
How does an entrepreneur plan their exit strategy from day 1?
What are the big mistakes entrepreneurs make in the sales process?
Anything else we should know?
Misfits, have you ever wondered what exactly is going on in your customers’ minds? As entrepreneurs, we need to do everything we can to understand our customers. So, it’s time to stop wondering! That’s why you need to listen to Inside the Mind produced by Kearney, one of the original management consulting firms.
Tune in for interviews with real shoppers in a variety of retail and consumer sectors, all mixed with analysis and insights.
Join Greg Portell and Katie Thomas to hear what drives and inspires some of the planet’s most fascinating consumer groups. You’ll hear from the lesser-heard voices of cosplayers, sneakerheads, dog lovers (I personally loved that episode having two Aussies in the house) and more as they reveal what really makes them so passionate and loyal to the groups to which they belong.
If you want to understand how customers and consumers think, Kearny’s Inside the Mind is a must listen. You can listen to the latest episodes of “Inside the Mind” on Apple Podcasts, Spotify, Stitcher or wherever you get your podcasts. Check out Inside the Mind today!
Misfits, you’ve heard me talk about my trading and investing many times. I’ve been in the game for almost 20 years and have taught thousands of students all over the world my strategies. One thing I have always looked for are trends that are a good opportunity for investors.
Recently, I was introduced to an opportunity that may be positioned very well for the times we are in, especially in a rising rate environment with talk of recession making stock and bond markets more volatile. In fact, after some research, I saw that the largest investment firm in the world, Blackrock, who manages almost $20 Trillion is invested in it. The company is called Goldmining Inc, ticker symbol GLDG.
GLDG operates gold mining operations throughout the world and was smart to purchase its gold resources during the recession for pennies on the dollar. In fact, the company owns the equivalent of 32 million ounces of gold at an average cost to them of $4.30 per ounce. As a comparison, similar deals at the same time were closing at an average of $50 per ounce! Now, with gold approaching all-time highs, GLDG is poised to reap the benefits.
I’ve always loved gold as a store of value and a hedge against inflation and have traded many companies like GLDG who have appreciated hundreds of percent. While no one can guarantee that will happen with GLDG and I am not giving your financial advice (you should consult with your financial adviser), I do see great opportunity for the company and the fact that Blackrock is involved tells me I am not alone. Analysts are currently saying the company is undervalued and has tremendous upside potential.
To learn more about Goldmining Inc. and stay up to date with the company’s success, go to www.GLDGnews.com and search the ticker symbol GLDG wherever stocks are found. Consult your financial adviser and check out GLDG today!