IFA: The Scary Unknown!
Let me lay down an unknown truth…
When I speak to IFA owners about the timeline to kick start their exit strategies, they sound absolute in their response when they tell me they will be ready to sell their IFA business in the following year!
The typical response of “In the next 12 months”, is usually what follows:
“I am getting tired of being part of the rat race”.
“I am ready to enjoy life”
“I am looking forwarding to reaping the rewards of a premium offer for my IFA firm”.
Yet when 12 months has passed and I call them back to check in, I get the exact same lines as I did the year before.
Believe it or not, this little dance can go back and forth for years without accomplishment.
So I have to ask myself. What is it about the ‘first step’ into their Retiring IFA journey that is causing them to constantly put it on a back foot?
And especially when they have given me so many personal outstanding reasons why they are ready to start their exit strategy.
At the end of the day there can be only one reason for such hesitancy, and that is… Fear of the unknown!
Being afraid is an innate human emotion. It would be worrying if you didn’t have these questions stirring around in your head:
What if it all goes wrong?
What if I regret my decision?
What if I don't get the right price?
But this fear of the unknown isn’t a negative thing. Fear keeps your instincts and your senses sharp and primes your mind and body for survival.
You can face your fears right now by downloading our eBook and learning how to start preparing your business for a premium offer by clicking here now!
You will always be thinking “what if”, but it is how you handle it that will determine whether you have a successful outcome.
So will you continue to run scared? Or will you make those fears tremble in your wake?
If you are an IFA Business owner ready to take the first steps of accepting a cash rich offer and enjoying your freedom then here are three ways I can help:
Claim a free copy of our guide to discover the eight key metrics that determine your business valuation by clicking here now.
If fear of the exiting process is holding you back or you are just unsure of what questions you need to ask, you can speak to one of our highly expert consultants who can also give you a no obligation valuation of your IFA business by clicking here now.
And if you want to attract the top buyers in the market but are unsure of how to take the first step, reply to this email with the words ‘No fear’ and I will see how I can help.
Best wishes,
Steve Hagues
PS. Don’t hold back, click here now and download our eBook to discover the five golden rules to abide by when selling your IFA Business!
<< Back