Episode

Ep 547 How to Get Your Partners to Buy You Out

Podcast
Built to Sell Radio
Published
May 22, 2026
Duration seconds
2825
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https://builttosell.libsyn.com/ep-547-how-to-get-your-partners-to-buy-you-out
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https://traffic.libsyn.com/secure/builttosell/Sean_Full_Episode.mp3?dest-id=269159
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/v1/public/podcasts/built-to-sell-radio-3693/episodes/ep-547-how-to-get-your-partners-to-buy-you-out
Markdown
/podcast/built-to-sell-radio-3693/ep-547-how-to-get-your-partners-to-buy-you-out.md

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Summary

When Sean Kernan wanted out of the financial advisor support business he co-founded in Dallas, he didn't shop it to outside acquirers, and he didn't wait for his five partners to make him an offer. He engineered the buyout himself. Three and a half months from the first conversation to the wire hitting his account, $500,000 in cash, no earn-out, no holdback. In this episode, you discover how to: Open the conversation with your partners without triggering a defensive reaction or a stall Anchor your price to a prior valuation event so the number is hard to argue with Use a deliberately low ask as leverage to get speed, certainty, and 100% cash upfront Identify which one of your partners is most likely to write the check, and approach them first Source the cash from a platform partner, franchisor, or custodian who holds the underlying assets Negotiate a "ceasefire" non-compete that protects the buyers without trapping you Read inbound acquirer silence as market signal before you push the group toward a full sale Spot the partner who is too eager to buy, and what that eagerness usually means