From Start-Up to Sale: A Conversation with Andrew Morrison

In this episode of 'Scaling New Heights, Leadership at the Next Level,' host Nick Sellers interviews Andrew Morrison, founder of Business Sale Basecamp, about his experiences in starting, scaling, and selling businesses.

Andrew, who previously founded and sold AMBid, shares his journey from working in a large corporation to launching his own successful business. He discusses the challenges of transitioning from corporate life to self-employment and emphasizes the importance of seeking external help and being well-prepared for business sale.

They delve into crucial factors around small business operation such as avoiding over-reliance on key clients or individuals, the significance of social media presence, and the emotional and practical aspects of selling a business.

Andrew also highlights common pitfalls business owners face and offers actionable advice for those considering selling their business.

00:00 Introduction to Scaling New Heights

00:11 Meet Andrew Morrison: Entrepreneurial Journey

01:14 Starting and Scaling AMBid

02:27 Transitioning from Corporate to Entrepreneurship

03:37 Building a Support Network

04:56 The Importance of Delegation and Focus

06:09 Joining Business Networks

08:14 Launching Business Sale Basecamp

13:15 Preparing for Business Sale: Practical Tips

15:54 Emotional and Mental Aspects of Selling a Business

17:53 Common Mistakes in Selling a Business

21:17 The Role of Technology and Innovation

32:28 Final Tips for Aspiring Sellers

34:53 Conclusion and Contact Information

Listeners can make contact with Andrew through the Business Sale Basecamp website at www.businesssalebasecamp.co.uk or LinkedIn linkedin.com/in/andrewmorrisonbusinesssale