Setting and Executing Your Goals

The Deal Board

Andy and Jessica, your hosts, want to welcome 2023 with this particular episode. 2022 was a record year for Transworld Business Advisors since the most considerable volume of businesses was sold last year (stay tuned for an episode that will resume the most important statistics). Andy and Jessica are hopeful about 2023, expecting a continuation of the amazing trends started in 2022 but also having under consideration the projected rise in interest rates and the impact it might cause. Today, they are joined by a special guest, JT Tatem, who is sharing his Eight Ws of go-getting and focusing on the tools to help you reach your biggest goals.

Listings of the week:

- Chip Redmond (Central Florida) is selling a national burger franchise in a local mall that has recently undergone significant improvements. The listing price is $170,000. Email Chip at [e-mail] or call [phone].

- Matt Nicoletti is selling a medical-related business (hearing aids specialists) that has been in business for almost 30 years. The SDE is $167,000; asking for $475,000. Email Matt at [e-mail] or call (860) 882- 7228.

Key takeaways:

[5:56] Listing of the week: Chip Redmond (Central Florida) is selling a national burger franchise in a local mall that has recently undergone significant improvements. The listing price is $170,000. Email Chip at [e-mail] or call [phone].

[7:07] JT Tatem joins Andy and Jessica to talk about 2023.

[8:54] The Eight Ws of go-getting.

[9:12] Write down what you wish to accomplish.

[9:25] Define Why you want to do it.

[9:47] Where are the obstacles going to be?

[10:00] What area do I need to be educated on to achieve the goal?

[10:14] Who can help me achieve my goal?

[10:25] What is the Way? Define your game plan.

[17:50] JT summarizes the first six steps.

[19:19] JT gives an example.

[23:33] Do: What has to get done? Who is going to do it? When is it going to be done?

[26:21] JT explains the pepperoni principle.

[27:38] Once you have a system, all you have to do is Work.

[28:39] What to do when you realize your goal is too big?

[29:09] What is a SMART goal?

[32:49] How do you prioritize your goals?

[39:55] Deal of the week: Michael Shea (Florida) sold a garage epoxy flooring and organization owned by an ex-pat and bought by a couple of Canadians who have taken the business to another level. The business was making $135,000. It was sold for $238,000, and it was listed for $250,000.

[42:55] Listing of the week: Matt Nicoletti is selling a medical-related business (hearing aids specialists) that has been in business for almost 30 years. The SDE is $167,000; asking for $475,000.

Mentioned in this Episode:

The Deal Board Podcast

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United Franchise Group

Transworld Business Advisors

Transworld on Linkedin

Transworld on Facebook

Call us — [phone].

Email us [e-mail]

Email Chris Redmond at [e-mail] or call [phone].

Email JT Tatem at [e-mail] or call [phone].

Call Michael Shea at [phone].

Email Matt Nicoletti at [e-mail] or call (860) 882- 7228.

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