<a> More </a></span></div></div></div></header><!----><div class="vs-card--content"> <div data-v-93e715f0><!----> <!----> <!----> <!----> <div data-v-fe4035fa data-v-93e715f0><a class="invisible lg:visible cursor-pointer text-grey text-lg" style="position: absolute; margin-left: -110px" data-v-fe4035fa><b data-v-fe4035fa>00:00:01</b></a> <div class="segment-text text-justify" data-v-fe4035fa>Yeah, yeah. Hi robert heard from feeding factory again, you know, I just had a really interesting email from one of my clients and long story short rumors got out among their employees that they were selling the company and he chose not to share that with his team. And now it's created some problems for him. And so I wanted to talk to you today about whether you should tell your employees that you're thinking of selling your company or not. To me. You know, when, when I sell one of my companies or my advice on it, it's always honesty and transparency is the best policy, you know, and that's easy to say and hard to do. And you understand the culture at your company and whether you want to have an all hands meeting, whether you want to have an email, whether you want to discuss it. I love talking to our employees about it In a, in a place that's face to face where it gives them the opportunity to talk to me and it gives me the opportunity to comfort them depending on the structure of your company. I usually have bonuses or incentives when the company sells and as an entrepreneur, there's this really important lesson that I learned along the way.</div> <br data-v-fe4035fa></div><div data-v-fe4035fa data-v-93e715f0><a class="invisible lg:visible cursor-pointer text-grey text-lg" style="position: absolute; margin-left: -110px" data-v-fe4035fa><b data-v-fe4035fa>00:01:09</b></a> <div class="segment-text text-justify" data-v-fe4035fa>It's, there's no fun winning when there's nobody to high five And if you're the only one that wins in the sale of your company and all your other, all your employees and the teammates and the people that are given two years of their life are worried or concerned about what they're going to do next. You know, often you can create a structure that makes it, that everybody wins and everybody celebrates together and perhaps, you know, some of your core team is going to want to come with you, Perhaps a transition with the company. Most of the time when a company is acquired, they're going to want to keep the team in place for the continuity. So ultimately how you choose to address this question is up to you and it's up to your corporate culture. But often I'll tell a few key members early and the people that are going to help me in the transition, but rumors are unavoidable and if you don't talk to your team about it then and then the rumors are gonna start coming and, and then it's going to come back to bite you. Like it just bit my client in the behind and I like to get out in front of it early, I think honest and transparency and creating a game worth winning for everybody is a whole heck of a lot of fun.</div> <br data-v-fe4035fa></div><div data-v-fe4035fa data-v-93e715f0><a class="invisible lg:visible cursor-pointer text-grey text-lg" style="position: absolute; margin-left: -110px" data-v-fe4035fa><b data-v-fe4035fa>00:02:15</b></a> <div class="segment-text text-justify" data-v-fe4035fa>And that way when you win you in with everybody, If you have any questions about how to disclose it or what that looks like, just give us a call of freedom Factory, please hit like and subscribe and thank you so much for watching</div> <br data-v-fe4035fa></div></div></div><!----><!----></div></div></div> <div class="player shadow-lg p-4 px-6 player-public" data-v-7cb7ef51 data-v-93e715f0><div class="vs-row" style="display:flex;width:100%;" data-v-7cb7ef51><div class="vs-col lg:flex md:hidden sm:hidden xs:hidden vs-xs- vs-sm- vs-lg-" style="justify-content:center;display:flex;align-items:center;margin-left:0%;width:25%;" data-v-7cb7ef51><div class="flex justify-between items-center" data-v-7cb7ef51><div class="mr-3" data-v-7cb7ef51><img src="https://ssl-static.libsyn.com/p/assets/7/6/9/1/7691a37ed83549d1/11_When_Should_I_Tell_Employees_if_I_am_Thinking_About_Selling__v2.jpg" class="image rounded-lg" data-v-7cb7ef51></div> <div data-v-7cb7ef51><div class="text-md font-bold leading-none mb-1 audio-title truncate" data-v-7cb7ef51> When Is the Best Time To Tell Employees That You are Selling Your Business? 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Videos and podcasts available for entrepreneurs to learn how to properly assess the value of their business and time the sale accordingly. Tyler Tysdal is a managing partner and business broker at Freedom Factory in Denver Colorado, helping entrepreneurs sell their businesses for maximum value. The Partners at Freedom Factory each have a minimum of 20 years of entrepreneurial experience, and our passion is “helping the helpers” by putting resources in the hands of our fellow producers to radically. Tysdal has years of experience as a private equity fund manager managing millions of dollars from investors in the sports and entertainment industries. Tyler Tysdal has operated Impact Opportunities Fund, Cobalt Sports Capital, and TitleCard Capital. Managing director of Tivis Ventures and Platte Management. Tyler T. Tysdal is a distinguished alumni from North Platte High School and graduated in 1989. Tysdal graduated from Harvard Business School with his MBA.",autoIndex:b,transcriptionsArePublic:c,publicSearchEnabled:c},startsFrom:g,transcription:{transcription:[{text:"Yeah, yeah. Hi robert heard from feeding factory again, you know, I just had a really interesting email from one of my clients and long story short rumors got out among their employees that they were selling the company and he chose not to share that with his team. And now it's created some problems for him. And so I wanted to talk to you today about whether you should tell your employees that you're thinking of selling your company or not. To me. You know, when, when I sell one of my companies or my advice on it, it's always honesty and transparency is the best policy, you know, and that's easy to say and hard to do. And you understand the culture at your company and whether you want to have an all hands meeting, whether you want to have an email, whether you want to discuss it. I love talking to our employees about it In a, in a place that's face to face where it gives them the opportunity to talk to me and it gives me the opportunity to comfort them depending on the structure of your company. I usually have bonuses or incentives when the company sells and as an entrepreneur, there's this really important lesson that I learned along the way.",timestamps:[1.64,a,2.44,a,3.74,4.25,4.63,4.76,4.9,5.12,5.48,a,6.44,6.6,a,6.99,7.1,7.27,7.36,7.42,7.71,9.14,9.75,10.36,10.56,10.62,10.71,11.84,12.27,12.53,12.83,14.54,15.38,15.68,15.88,16.14,16.29,17.02,17.13,17.21,17.3,17.56,17.65,18.54,18.81,19.06,19.54,19.84,20.04,20.49,21.34,21.59,21.75,a,22.37,22.91,23.16,23.34,23.76,23.88,24.26,24.44,a,25.24,25.58,25.82,25.89,26.14,26.23,26.5,26.57,26.63,27.37,27.65,27.88,27.99,28.18,28.42,28.56,29.44,29.87,30.01,30.39,30.49,30.77,30.88,31.27,31.37,a,31.82,32.15,a,32.83,33.16,a,33.26,a,33.48,33.74,33.96,34.36,34.51,34.57,34.76,35.23,35.31,35.47,35.87,36.05,a,36.84,37.04,37.45,37.89,37.99,38.66,38.77,38.85,39.09,a,40.14,40.33,a,40.42,40.51,40.7,41.02,41.12,41.41,41.54,41.76,41.88,a,42.2,42.49,42.99,43.31,43.37,43.79,43.91,44.01,44.42,44.67,45.15,45.25,45.42,45.48,45.61,45.69,45.86,46.23,a,46.59,46.76,46.85,46.99,47.05,47.15,47.25,a,47.76,47.95,48.04,48.21,48.27,48.72,a,48.97,49.52,49.97,50.33,50.42,50.55,51.06,51.4,52.04,52.24,a,52.37,52.48,52.55,52.85,53.04,53.32,53.45,54.03,54.4,54.48,54.76,54.98,55.1,55.74,55.86,56.11,56.22,56.5,56.61,56.69,56.89,57.07,57.19,57.68,57.77,58.13,58.36,58.9,59,59.07,59.74,60.44,60.64,a,61.15,61.2,61.56,61.78,62.51,62.74,63.56,64.04,64.12,64.48,65.05,65.78,66.05,66.15,a,66.68,66.85,67.08,67.32,67.73,68.04,68.16,68.22,68.48,68.75,68.85,a],offset_from_start:1},{text:"It's, there's no fun winning when there's nobody to high five And if you're the only one that wins in the sale of your company and all your other, all your employees and the teammates and the people that are given two years of their life are worried or concerned about what they're going to do next. You know, often you can create a structure that makes it, that everybody wins and everybody celebrates together and perhaps, you know, some of your core team is going to want to come with you, Perhaps a transition with the company. Most of the time when a company is acquired, they're going to want to keep the team in place for the continuity. So ultimately how you choose to address this question is up to you and it's up to your corporate culture. But often I'll tell a few key members early and the people that are going to help me in the transition, but rumors are unavoidable and if you don't talk to your team about it then and then the rumors are gonna start coming and, and then it's going to come back to bite you. Like it just bit my client in the behind and I like to get out in front of it early, I think honest and transparency and creating a game worth winning for everybody is a whole heck of a lot of fun.",timestamps:[69.35,a,70.34,70.73,70.9,71.15,71.66,71.88,72.04,72.39,72.49,72.7,73.34,73.55,73.64,73.79,73.91,74.18,74.32,74.44,74.75,74.83,74.92,75.19,75.28,75.4,75.82,75.95,76.05,76.17,a,77.24,77.47,77.63,78.24,78.33,78.4,78.99,79.08,79.15,79.37,79.46,79.52,79.69,79.78,80.23,80.31,80.49,80.9,81.46,81.79,81.87,82.31,82.49,82.63,82.75,82.87,82.94,83.07,a,84.04,84.24,a,84.45,85.24,85.34,85.45,85.73,85.77,86.3,86.45,86.67,a,86.75,86.93,87.4,87.82,88.01,88.44,89,89.43,90.07,a,90.82,91.04,a,91.13,91.33,91.42,91.55,91.82,92.15,92.25,92.37,92.44,92.61,92.67,92.85,93.07,a,93.25,93.58,93.64,94.15,94.25,94.33,a,94.99,95.5,95.56,95.64,96.04,96.16,96.22,96.6,96.72,a,97.58,97.89,98.01,98.07,98.21,98.27,98.56,98.65,98.93,99.07,99.47,99.59,99.69,a,100.34,101.14,101.85,102.01,102.31,102.66,102.77,103.08,103.23,103.78,104.21,104.42,104.57,104.98,105.2,105.37,105.59,105.7,105.82,106.16,a,106.74,107.35,107.95,108.16,108.67,108.75,109.02,109.29,109.71,110.14,110.27,110.33,110.55,110.66,110.73,110.86,110.93,111.15,111.25,111.33,111.4,a,112.29,113.32,113.71,113.8,114.49,114.67,114.77,114.88,115.13,115.66,115.81,116.06,116.43,116.75,117.18,118.04,118.48,118.92,119.03,119.33,119.39,119.55,119.8,120.22,a,120.84,121.34,121.47,121.56,121.68,121.74,121.94,122.21,122.88,123.21,a,123.38,123.55,123.63,123.87,124.03,124.17,125.54,125.91,125.98,126.57,127.29,127.4,127.56,127.64,127.81,128,128.07,128.25,128.33,128.43,a,129.24,129.34,129.55,129.9,130,130.89,131.03,131.34,131.41,131.73,131.95,132.23,132.38,133.44,134.06,134.41,134.77,134.95,135.02,135.06,135.25,135.32,a],offset_from_start:69},{text:"And that way when you win you in with everybody, If you have any questions about how to disclose it or what that looks like, just give us a call of freedom Factory, please hit like and subscribe and thank you so much for watching",timestamps:[135.64,135.78,135.95,136.1,136.28,136.4,136.87,137.46,137.61,137.8,a,139.04,139.42,139.48,139.57,139.71,140.34,140.71,140.89,141.01,141.57,141.77,142.01,142.19,142.34,142.56,a,143.07,143.44,143.55,143.62,143.67,143.83,143.91,144.17,a,145.14,145.38,145.51,145.69,145.78,146.41,146.55,146.75,146.83,146.97,147.14,147.25],offset_from_start:135}],transcriptionIsModified:b,podcastId:e,id:44177,title:"When Is the Best Time To Tell Employees That You are Selling Your Business?",image:"https:\u002F\u002Fssl-static.libsyn.com\u002Fp\u002Fassets\u002F7\u002F6\u002F9\u002F1\u002F7691a37ed83549d1\u002F11_When_Should_I_Tell_Employees_if_I_am_Thinking_About_Selling__v2.jpg",description:"\u003Ch2\u003EWhen Should You Tell Employees When You are Selling Your Business?\u003C\u002Fh2\u003E \u003Cp\u003E\u003Ciframe title=\"Tyler tysdal video with vimeo-player\" src= \"https:\u002F\u002Fplayer.vimeo.com\u002Fvideo\u002F389991477\" width=\"500\" height=\"325\" frameborder=\"0\"\u003E\u003C\u002Fiframe\u003E\u003C\u002Fp\u003E \u003Cp\u003EAt Freedom Factory®, we have experienced and witnessed the explosive results of entrepreneurs aligning passion and purpose to create extraordinary value. However, most entrepreneurs have no idea how to maximize the value of their business and move on to the next chapter of their lives. That’s where we can help.\u003C\u002Fp\u003E \u003Cp\u003EFreedom Factory® has radically disrupted the way high-growth, lifestyle companies are bought and sold, which historically was a horribly inefficient market. When I sold my first company in the 1990s, I went to several investment banks and sold my business to one of less than five companies they called. Looking back, I see exactly how much money I left on the table and knew that there had to be a better way. The bottom line is that entrepreneurs don’t speak banker, and bankers sure don’t speak entrepreneur.\u003Cbr \u002F\u003E \u003Cbr \u002F\u003E \u003Ca title=\"Tyler Tysdal website\" href= \"https:\u002F\u002Ftylertysdal.academia.edu\u002F\"\u003Ehttps:\u002F\u002Ftylertysdal.academia.edu\u002F\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Ch3\u003EContact Tyler Tysdal at Freedom Factory\u003C\u002Fh3\u003E \u003Cp\u003E\u003Cstrong\u003EFreedom Factory\u003C\u002Fstrong\u003E\u003Cbr \u002F\u003E 5500 Greenwood Plaza Blvd., Ste 230\u003Cbr \u002F\u003E Greenwood Village, CO 80111\u003Cbr \u002F\u003E Phone: 844-MAX-VALUE (844-629-8258)\u003Cbr \u002F\u003E \u003Ca href= \"https:\u002F\u002Fwww.freedomfactory.com\u002F\"\u003Ehttps:\u002F\u002Fwww.freedomfactory.com\u002F\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Ch3\u003E\u003Cspan style=\"text-decoration: underline;\"\u003EFreedom Factory Managing Partners\u003C\u002Fspan\u003E\u003C\u002Fh3\u003E \u003Cp\u003E\u003Cstrong\u003ETyler Tysdal\u003C\u002Fstrong\u003E \u003Ca title=\"Tyler Tysdal Linkedin\" href= \"https:\u002F\u002Fwww.linkedin.com\u002Fin\u002Ftyler-tysdal\"\u003Ehttps:\u002F\u002Fwww.linkedin.com\u002Fin\u002Ftyler-tysdal\u003C\u002Fa\u003E\u003Cbr \u002F\u003E \u003Cstrong\u003ERobert Hirsch\u003C\u002Fstrong\u003E \u003Ca title=\"Robert Hirsch Bio\" href= \"https:\u002F\u002Ffreedomfactory.com\u002Fabout-robert-hirsch\"\u003Ehttps:\u002F\u002Ffreedomfactory.com\u002Fabout-robert-hirsch\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Ciframe title=\"Freedom-Factory - Business Broker\" src= \"https:\u002F\u002Fwww.google.com\u002Fmaps\u002Fembed?pb=!1m18!1m12!1m3!1d3073.496687996668!2d-104.90087878462823!3d39.616019079466234!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x876c87c5a2bdce1b%3A0x79e43f931f67c650!2sFreedom%20Factory!5e0!3m2!1sen!2sus!4v1589495136953!5m2!1sen!2sus\" width=\"600\" height=\"450\" frameborder=\"0\"\u003E\u003C\u002Fiframe\u003E\u003C\u002Fp\u003E \u003Ch4\u003EWho is Tyler Tysdal?\u003C\u002Fh4\u003E \u003Cp\u003E\u003Cimg style=\"float: right; margin-right: 5px; margin-left: 5px;\" src=\"https:\u002F\u002Fassets.libsyn.com\u002Fsecure\u002Fshow\u002F264332\u002Ftylertysdal.png\" alt=\"tyler tysdal\" width=\"226\" height=\"226\" \u002F\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Ca title=\"Tyler Tysdal news pdf and SEC information\" href= \"https:\u002F\u002Fs3.amazonaws.com\u002Ftysdal\u002Fdenver-business\u002FTyler-Tysdal-Settlement.pdf\" target=\"_blank\" rel=\"noopener\"\u003ETyler Tysdal\u003C\u002Fa\u003E is a lifelong entrepreneur who first discovered the joys and challenges of self-employment at the age of 14. \u003Ca title=\"Tyler Tysdal Podcasts\" href= \"https:\u002F\u002Fdirectory.libsyn.com\u002Fshows\u002Fview\u002Fid\u002Ftylertysdal\"\u003E\u003Cstrong\u003ETyler Tysdal\u003C\u002Fstrong\u003E\u003C\u002Fa\u003E was a collector and trader of baseball cards and his budding entrepreneurial spirit spurred him to create Triple T’s Sports Collectibles, a national mail-order trading card and memorabilia business that found a wide audience through ads in trade magazines. While market inefficiencies were numerous in this pre-internet era, a young \u003Cstrong\u003ETyler Tysdal\u003C\u002Fstrong\u003E experienced his first big business win with $14,000 a month of profit result. A lot of money for 14. It hit him during a ride with his mom to the post office to mail dozens of card shipments: He would likely be an entrepreneur and investor the rest of his career.\u003C\u002Fp\u003E \u003Ch4\u003EAdditional Websites to Follow Tyler Tysdal\u003C\u002Fh4\u003E \u003Cp\u003E\u003Ca title=\"Tyler Tysdal's Soundcloud podcasts\" href= \"https:\u002F\u002Fsoundcloud.com\u002Ftylertysdal\"\u003Ehttps:\u002F\u002Fsoundcloud.com\u002Ftylertysdal\u003C\u002Fa\u003E\u003Cbr \u002F\u003E \u003Ca title=\"Tyler Tysdal's twitter profile\" href= \"https:\u002F\u002Ftwitter.com\u002Ftysdaltyler\"\u003Ehttps:\u002F\u002Ftwitter.com\u002Ftysdaltyler\u003C\u002Fa\u003E\u003Cbr \u002F\u003E \u003Ca title=\"Tyler Tysdal Instagram profile\" href= \"https:\u002F\u002Fwww.instagram.com\u002Ftyler_tysdal\u002Fchannel\u002F\"\u003Ehttps:\u002F\u002Fwww.instagram.com\u002Ftyler_tysdal\u002F\u003C\u002Fa\u003E\u003Cbr \u002F\u003E \u003Ca title=\"Tyler Tysdal bio on his website\" href= \"https:\u002F\u002Ftylertysdal.com\u002Fabout\u002F\"\u003Ehttps:\u002F\u002Ftylertysdal.com\u002F\u003C\u002Fa\u003E\u003Cbr \u002F\u003E \u003Ca title=\"Tyler Tysdal website on Google\" href= \"https:\u002F\u002Fsites.google.com\u002Fview\u002Ftylertysdal\"\u003Ehttps:\u002F\u002Fsites.google.com\u002Fview\u002Ftylertysdal\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Ch3\u003EWhat Podcasts on Instagram\u003C\u002Fh3\u003E \u003Cp\u003E\u003Ciframe src=\"https:\u002F\u002Frss.app\u002Fembed\u002Fv1\u002Flist\u002F2668oD4m2lAiP2bz\" width=\"850\" height=\"1600\" frameborder=\"0\"\u003E\u003C\u002Fiframe\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Cstrong\u003EAdditional News Sources:\u003C\u002Fstrong\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Ca title=\"Natalie Tysdal award winning journalist\" href= \"https:\u002F\u002Fwww.globenewswire.com\u002Fnews-release\u002F2021\u002F04\u002F20\u002F2213552\u002F0\u002Fen\u002FAward-Winning-Journalist-Natalie-Tysdal-Quits-News-Business.html\"\u003E https:\u002F\u002Fwww.globenewswire.com\u002Fnews-release\u002F2021\u002F04\u002F20\u002F2213552\u002F0\u002Fen\u002FAward-Winning-Journalist-Natalie-Tysdal-Quits-News-Business.html\u003C\u002Fa\u003E\u003Cbr \u002F\u003E \u003Cbr \u002F\u003E \u003Ca title= \"Tyler Tysdal educates entrepreneurs on building their business\" href= \"https:\u002F\u002Ftricitydaily.com\u002Ftyler-tysdals-freedom-factory-teaching-entrepreneurs-secrets-of-selling-their-business-for-maximum-value\u002F\"\u003E https:\u002F\u002Ftricitydaily.com\u002Ftyler-tysdals-freedom-factory-teaching-entrepreneurs-secrets-of-selling-their-business-for-maximum-value\u002F\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Ca title=\"Tyler Tysdal Bitcoin and Entrepreneurs\" href= \"https:\u002F\u002Ftricitydaily.com\u002Ftyler-tysdal-talks-about-bitcoin-mining-and-cryptocurrency\u002F\"\u003E https:\u002F\u002Ftricitydaily.com\u002Ftyler-tysdal-talks-about-bitcoin-mining-and-cryptocurrency\u002F\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fbusinessnewsideas.com\" target=\"_blank\" rel= \"noopener\"\u003Ehttps:\u002F\u002Fbusinessnewsideas.com\u003C\u002Fa\u003E\u003C\u002Fp\u003E \u003Cp\u003E\u003Ca title=\"BEES.Social cryptocurrency community\" href= \"https:\u002F\u002FBEES.Social\"\u003Ehttps:\u002F\u002FBEES.Social\u003C\u002Fa\u003E\u003C\u002Fp\u003E",published_date:"2021-05-24T00:00:00.000+00:00",duration:168,link_to_podcast_mp3:"https:\u002F\u002Ftraffic.libsyn.com\u002Fsecure\u002Ftylertysdal\u002FWhen_Should_I_Tell_Employees_if_I_am_Thinking_About_Selling.mp3?dest-id=2009345",transcriptionId:3067}}],fetch:{},error:d,state:{podcast:{},totalEpisodes:a,totalAudioFiles:a,totalIndexedEpisodes:a,totalTranscribedEpisodes:a,totalTranscribedAudioFiles:a,isSidebarActive:c,breakpoint:d,sidebarWidth:"default",reduceButton:b,bodyOverlay:b,sidebarItemsMin:b,theme:"semi-dark",AppActiveUser:{id:a,name:"John Doe",about:"Dessert chocolate cake lemon drops jujubes. Biscuit cupcake ice cream bear claw brownie brownie marshmallow.",img:"user-1.jpg",status:"online"},themePrimaryColor:g,userRole:d,auth:{authUser:{},signUp:{email:h,password:h}},store:{}},serverRendered:c,routePath:"\u002Fpod\u002Ftyler-tysdal-s-videos-and-podcasts-by-tyler-tysdal\u002Fepisodes\u002F44177\u002Ftranscription",config:{_app:{basePath:"\u002F",assetsPath:"\u002F_nuxt\u002F",cdnURL:d}}}}(0,false,true,null,354,33,void 0,""));</script><script src="/_nuxt/622cb68.js" defer></script><script src="/_nuxt/21b92d6.js" defer></script><script src="/_nuxt/89c8276.js" defer></script><script src="/_nuxt/b5381d5.js" defer></script><script src="/_nuxt/9210c4d.js" defer></script><script src="/_nuxt/42175ed.js" defer></script><script src="/_nuxt/f2ddfc6.js" defer></script><script src="/_nuxt/128eedf.js" defer></script> </body> </html>
