Know Your "Why": Interview with Karl Sigerist
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In this episode of Branching Out, Elizabeth Shea is joined by Karl Sigerist, author of Selling Your Canadian Business, a book written for founders contemplating the sale of their privately owned, lower middle market Canadian business. Drawing on decades of experience as an operator, buyer, seller, and advisor, Karl offers nuanced insight into why most deals fail, how lack of early planning can leave value on the table, and why founders must answer the question “why do I want to sell?” long before going to market and use this “why” to anchor the entire process. His practical advice on prudent advisor selection, emotional readiness, maintaining clean books, and recognizing the value of your brand applies to founders everywhere contemplating or navigating a transition into the next chapter.