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How to Prepare Your Business Now For A Successful Exit in the Future w/ Richard Lau

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Sinopsis

Richard Lau is the creator of NamesCon, now part of the GoDaddy family, and an entrepreneur who has generated millions of dollars of revenue in the internet and domain name industry. Richard recently successfully exited Resume.com and is now working on Logo.com. He’s here to share wisdom gained from his success in exiting several online business models, detailing what you need to know to position and package your business for exit in preparation for exiting several years into the future.  Tune in to learn tips and tricks, as well as lessons learned, from an expert on preparing yourself and your business for a smooth and profitable exit. We talk about the importance of having a buyer’s mindset, contracts and documentation in place, awareness around licensing, having relationships with business brokers and lawyers, and much more.  During this interview, we discuss:  3:15 – How Richard became successful in the domain industry  5:04 – A domain name he wishes he didn’t sell  7:28 – Learning about exitin