{"id":27236,"date":"2024-09-17T01:17:58","date_gmt":"2024-09-17T01:17:58","guid":{"rendered":"https:\/\/www.growthink.com\/?p=27236"},"modified":"2025-09-26T08:09:55","modified_gmt":"2025-09-26T08:09:55","slug":"critical-mistakes-to-avoid-when-selling-your-business","status":"publish","type":"post","link":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business","title":{"rendered":"Critical Mistakes to Avoid When Selling Your Business"},"content":{"rendered":"<p>In this video, Dave Lavinsky, Co-Founder of Growthink, dives into the common pitfalls that can sabotage a successful business sale. From overvaluing your company to failing to prepare financially and emotionally, Dave uncovers the key errors that can cost you millions and derail your exit strategy. He shares insights on how to properly position your business, attract the right buyers, and secure the highest possible valuation. With years of experience helping entrepreneurs exit successfully. If you&#8217;re considering selling your business, this episode is a must-listen to ensure a smooth and profitable transition.<\/p>\n<p><iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/6Dhdyov9eeU?si=n5cUhmpNKqchENQt\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In this video, Dave Lavinsky, Co-Founder of Growthink, dives into the common pitfalls that can sabotage a successful business sale. From overvaluing your company to failing to prepare financially and emotionally, Dave uncovers the key errors that can cost you millions and derail your exit strategy. He shares insights on how to properly position your [&hellip;]<\/p>\n","protected":false},"author":29266,"featured_media":27237,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-27236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Critical Mistakes to Avoid When Selling Your Business - Growthink<\/title>\n<meta name=\"description\" content=\"Learn the common pitfalls that can sabotage a business sale from Dave Lavinsky, Co-Founder of Growthink. Discover how to position your business and secure top valuation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Critical Mistakes to Avoid When Selling Your Business\" \/>\n<meta property=\"og:description\" content=\"Learn the common pitfalls that can sabotage a business sale from Dave Lavinsky, Co-Founder of Growthink. Discover how to position your business and secure top valuation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business\" \/>\n<meta property=\"og:site_name\" content=\"Growthink\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.entrepreneur.com\/author\/jay-turo\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-17T01:17:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-26T08:09:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png?_t=1758874197\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jay Turo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jay Turo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business\"},\"author\":{\"name\":\"Jay Turo\",\"@id\":\"https:\/\/www.growthink.com\/#\/schema\/person\/aa92b627571c277bb74cc60a14081273\"},\"headline\":\"Critical Mistakes to Avoid When Selling Your Business\",\"datePublished\":\"2024-09-17T01:17:58+00:00\",\"dateModified\":\"2025-09-26T08:09:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business\"},\"wordCount\":101,\"publisher\":{\"@id\":\"https:\/\/www.growthink.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business\",\"url\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business\",\"name\":\"Critical Mistakes to Avoid When Selling Your Business - Growthink\",\"isPartOf\":{\"@id\":\"https:\/\/www.growthink.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png\",\"datePublished\":\"2024-09-17T01:17:58+00:00\",\"dateModified\":\"2025-09-26T08:09:55+00:00\",\"description\":\"Learn the common pitfalls that can sabotage a business sale from Dave Lavinsky, Co-Founder of Growthink. Discover how to position your business and secure top valuation.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage\",\"url\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png\",\"contentUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png\",\"width\":1280,\"height\":720,\"caption\":\"Critical Mistakes to Avoid When Selling Your Business\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.growthink.com\/#website\",\"url\":\"https:\/\/www.growthink.com\/\",\"name\":\"Growthink\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.growthink.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.growthink.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.growthink.com\/#organization\",\"name\":\"Growthink\",\"url\":\"https:\/\/www.growthink.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.growthink.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/cropped-cropped-growthink_logo-1.png\",\"contentUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/cropped-cropped-growthink_logo-1.png\",\"width\":214,\"height\":61,\"caption\":\"Growthink\"},\"image\":{\"@id\":\"https:\/\/www.growthink.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.growthink.com\/#\/schema\/person\/aa92b627571c277bb74cc60a14081273\",\"name\":\"Jay Turo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.growthink.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/JayTuro1-150x150.jpg\",\"contentUrl\":\"https:\/\/www.growthink.com\/wp-content\/uploads\/JayTuro1-150x150.jpg\",\"caption\":\"Jay Turo\"},\"description\":\"Jay has over 25 years of experience in starting, building, advising and investing in high growth firms. His advisory work spans industries and market sectors, with company clients including Accelerant, Caine &amp; Weiner, C8 Medisensors, Dakim, DCIP, Free Conference, Fresh Games, Green Medical, Innoflight, Integreon, L3D3, Mahar Tool, Margartiaville Apparel, M3 Medical, Mobeze, MyPublicInfo, Nolatek, Ometric, Pocketsonics, Park Group PlC, Precision Time, Raise Capital, Recoup IT, Research Scientists, Sandel Medical, Shimmick Construction, Skyplex Entertainment Group,Spring Medical, Storied Media , Sunglass Hut, Telverse, Thrombovision, XCOM Wireless, and Xorbent, among many others.Jay has also advised a wide array of corporate clients seeking to inject entrepreneurship and innovation into their organizations, including Deutsche Bank, McKesson, Infospace, Samsung, Porsche, &amp; Paramount Pictures.\",\"sameAs\":[\"https:\/\/twitter.com\/jayturo\",\"https:\/\/www.entrepreneur.com\/author\/jay-turo\",\"https:\/\/www.crunchbase.com\/person\/jay-turo\",\"https:\/\/www.linkedin.com\/in\/jayturo\/\"],\"gender\":\"Male\",\"knowsAbout\":[\"Business Plans\",\"Business Consulting\",\"Capital Raising\",\"New Venture Development\",\"Investment Banking\",\"Regulatory Compliance\"],\"jobTitle\":\"Co-Founder & CEO of Growthink\",\"worksFor\":\"Growthink\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Critical Mistakes to Avoid When Selling Your Business - Growthink","description":"Learn the common pitfalls that can sabotage a business sale from Dave Lavinsky, Co-Founder of Growthink. Discover how to position your business and secure top valuation.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business","og_locale":"en_US","og_type":"article","og_title":"Critical Mistakes to Avoid When Selling Your Business","og_description":"Learn the common pitfalls that can sabotage a business sale from Dave Lavinsky, Co-Founder of Growthink. Discover how to position your business and secure top valuation.","og_url":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business","og_site_name":"Growthink","article_author":"https:\/\/www.entrepreneur.com\/author\/jay-turo","article_published_time":"2024-09-17T01:17:58+00:00","article_modified_time":"2025-09-26T08:09:55+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png?_t=1758874197","type":"image\/png"}],"author":"Jay Turo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jay Turo","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#article","isPartOf":{"@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business"},"author":{"name":"Jay Turo","@id":"https:\/\/www.growthink.com\/#\/schema\/person\/aa92b627571c277bb74cc60a14081273"},"headline":"Critical Mistakes to Avoid When Selling Your Business","datePublished":"2024-09-17T01:17:58+00:00","dateModified":"2025-09-26T08:09:55+00:00","mainEntityOfPage":{"@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business"},"wordCount":101,"publisher":{"@id":"https:\/\/www.growthink.com\/#organization"},"image":{"@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage"},"thumbnailUrl":"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business","url":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business","name":"Critical Mistakes to Avoid When Selling Your Business - Growthink","isPartOf":{"@id":"https:\/\/www.growthink.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage"},"image":{"@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage"},"thumbnailUrl":"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png","datePublished":"2024-09-17T01:17:58+00:00","dateModified":"2025-09-26T08:09:55+00:00","description":"Learn the common pitfalls that can sabotage a business sale from Dave Lavinsky, Co-Founder of Growthink. Discover how to position your business and secure top valuation.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.growthink.com\/content\/critical-mistakes-to-avoid-when-selling-your-business#primaryimage","url":"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png","contentUrl":"https:\/\/www.growthink.com\/wp-content\/uploads\/Critical-Mistakes-to-Avoid-When-Selling-Your-Business.png","width":1280,"height":720,"caption":"Critical Mistakes to Avoid When Selling Your Business"},{"@type":"WebSite","@id":"https:\/\/www.growthink.com\/#website","url":"https:\/\/www.growthink.com\/","name":"Growthink","description":"","publisher":{"@id":"https:\/\/www.growthink.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.growthink.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.growthink.com\/#organization","name":"Growthink","url":"https:\/\/www.growthink.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.growthink.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.growthink.com\/wp-content\/uploads\/cropped-cropped-growthink_logo-1.png","contentUrl":"https:\/\/www.growthink.com\/wp-content\/uploads\/cropped-cropped-growthink_logo-1.png","width":214,"height":61,"caption":"Growthink"},"image":{"@id":"https:\/\/www.growthink.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.growthink.com\/#\/schema\/person\/aa92b627571c277bb74cc60a14081273","name":"Jay Turo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.growthink.com\/#\/schema\/person\/image\/","url":"https:\/\/www.growthink.com\/wp-content\/uploads\/JayTuro1-150x150.jpg","contentUrl":"https:\/\/www.growthink.com\/wp-content\/uploads\/JayTuro1-150x150.jpg","caption":"Jay Turo"},"description":"Jay has over 25 years of experience in starting, building, advising and investing in high growth firms. His advisory work spans industries and market sectors, with company clients including Accelerant, Caine &amp; Weiner, C8 Medisensors, Dakim, DCIP, Free Conference, Fresh Games, Green Medical, Innoflight, Integreon, L3D3, Mahar Tool, Margartiaville Apparel, M3 Medical, Mobeze, MyPublicInfo, Nolatek, Ometric, Pocketsonics, Park Group PlC, Precision Time, Raise Capital, Recoup IT, Research Scientists, Sandel Medical, Shimmick Construction, Skyplex Entertainment Group,Spring Medical, Storied Media , Sunglass Hut, Telverse, Thrombovision, XCOM Wireless, and Xorbent, among many others.Jay has also advised a wide array of corporate clients seeking to inject entrepreneurship and innovation into their organizations, including Deutsche Bank, McKesson, Infospace, Samsung, Porsche, &amp; Paramount Pictures.","sameAs":["https:\/\/twitter.com\/jayturo","https:\/\/www.entrepreneur.com\/author\/jay-turo","https:\/\/www.crunchbase.com\/person\/jay-turo","https:\/\/www.linkedin.com\/in\/jayturo\/"],"gender":"Male","knowsAbout":["Business Plans","Business Consulting","Capital Raising","New Venture Development","Investment Banking","Regulatory Compliance"],"jobTitle":"Co-Founder & CEO of Growthink","worksFor":"Growthink"}]}},"modified_by":"Dave Lavinsky","_links":{"self":[{"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/posts\/27236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/users\/29266"}],"replies":[{"embeddable":true,"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/comments?post=27236"}],"version-history":[{"count":1,"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/posts\/27236\/revisions"}],"predecessor-version":[{"id":35032,"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/posts\/27236\/revisions\/35032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/media\/27237"}],"wp:attachment":[{"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/media?parent=27236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/categories?post=27236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.growthink.com\/wp-json\/wp\/v2\/tags?post=27236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}