The Emotional Rollercoaster of Selling A UX Agency with Trenton Moss

Show Notes

Trenton, the founder of a UX agency, shares his experience of selling his business. He discusses the background of his agency and the type of clients they worked with. Trenton talks about the growth and turnover of the agency, as well as the ownership structure and share options. He explains the reasons behind his decision to sell, including a difficult financial year. Trenton shares the process of finding potential buyers and negotiating the deal. He discusses the integration and transition period after the acquisition. Finally, Trenton talks about his next steps and the launch of his new business. In this conversation, Trenton reflects on his experience of selling his agency and the pride he felt in overcoming challenges. He also discusses the importance of taking time to appreciate and reflect on achievements    Takeaways

• Selling a business can be an emotional journey, and it's important to consider the fear of what comes next and the impact on the team.
• Building a strong and attractive business is crucial for a successful sale, and focusing on client relationships and revenue growth can make a business more appealing to potential buyers.
• Integration after an acquisition can be challenging, and it's important to consider the cultural fit and the impact on the existing team.
• Leaving a business and transitioning to a new phase can be daunting, but it can also open up new opportunities for personal and professional growth.
• Reflecting on the experience and learning from the process can help inform future decisions and improve future outcomes. Overcoming challenges can lead to a sense of pride and accomplishment.
• Business owners often struggle to appreciate their achievements while they are in the midst of running their businesses.
• Taking time to reflect and appreciate accomplishments can help business owners gain perspective and satisfaction.

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Connect with Trenton: https://www.linkedin.com/in/trentonmoss/

 

Creators and Guests

Host

Barnaby Cook

What is The Exit Plan: Mergers and Acquisitions for Creative Entrepreneurs?

The Exit Plan is for business owners that are interested in learning more about how to sell their business. Each episode Barnaby Cook interviews someone who has bought or sold a business - either a creative agency, or a production company. The conversation gets under the skin of why they wanted to sell, or were looking to acquire, how the deal was structured, how they agreed upon a valuation and what lessons they learnt along the way.