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Jeffrey Feldberg
Jeffrey Feldberg said “no” to a 7-figure offer and “yes” to mastering the art and science of a liquidity event. Two years later, Jeffrey said “yes” to a 9-figure offer for his eLearning company Embanet. Today, as CEO of Deep Wealth, Jeffrey pays it forward by helping you capture the best deal instead of any deal. Visit Jeffrey at https://www.deepwealth.com/
Join us for a live and unscripted interview with Jeffrey
Business Mentorship; Keepin It Real and if you’re on the move here is the podcast.
A special edition of Business Mentorship; Keepin It Real –
Panel Discussion on Community Impact and Building A Network
Deep Wealth Co-Founder and CEO, Jeffrey Feldberg
- Contributed By: Jeffrey Feldberg
Tell us a little something about your business...
I started my eLearning company, Embanet, living out of my parent’s attic and right out of school without money, experience, or a team. Failure became my new best friend. Yet, it was my grit and passion that was my saving grace. When the business became successful, I received the proverbial knock at the door from an experienced and sophisticated buyer. The buyer gave a 7-figure. I said “no” to the offer and “yes” to mastering the art and science of a liquidity event. Two years later, I said “yes” to a different buyer with a 9-figure offer.
The statistics paint a bleak picture. A staggering 90% of business owners have their wealth locked into their business. When it comes time to sell the business, up to 90% of liquidity events fail. Nearly 65% of companies fail from lack of cash flow, even businesses with ten or more years of experience. Of the “successful” liquidity events, business owners leave 50% to over 100% of the deal value in the buyer’s pocket. I should know as I was almost a statistic had I said “yes” to the 7-figure offer.
Today I pay it forward and help business owners prepare for their liquidity events through the 90-day Deep Wealth Experience. Business owners learn the same system that I created for my liquidity event. Preparation is the gift that keeps on giving. The strategies of preparation are the same ones for growth. Keep a thriving and profitable business forever, or sell it tomorrow.
My motivation each and every day is knowing that together we can change the social fabric of society one liquidity event at a time. Business owners that master the Deep Wealth 9-step roadmap have successful liquidity events and are not statistics. The same business owners accumulate more wealth as a result. At Deep Wealth, we encourage business owners to take an allocation of their wealth and start a foundation and donate to a favorite cause or charity. Together we pay it forward and change the social fabric of society, one liquidity event at a time.
When was your lightbulb moment?
Entrepreneurs, founders, and business owners reached out to me asking for help. I was unsuccessful in finding a book, seminar, program, or company to help business owners sell their businesses. The more I looked, the more I found expensive “solutions” offered by people who never had a liquidity event. At first, I felt frustrated and angry. I channeled the frustration into creating the 90-day Deep Wealth Experience and the 9-step roadmap.
What are your three words of advice?
How can you master something you’ve never done before?
A liquidity event is a lifetime’s largest and most important financial decision. Most business owners make the fatal mistake of believing the skills that built the business are the same ones to sell it. Business owners are dreamers and change-makers who put everything on the line and win against all the odds It’s the same business owners who gamble with their future and come up on the losing side of a liquidity event.
Three words of advice...
Believe in yourself.
Jeffrey Feldberg said “no” to a 7-figure offer and “yes” to mastering the art and science of a liquidity event. Two years later, Jeffrey said “yes” to a 9-figure offer for his eLearning company Embanet. Today, as CEO of Deep Wealth, Jeffrey pays it forward by helping you capture the best deal instead of any deal. Visit Jeffrey at https://www.deepwealth.com/
Join us for a live and unscripted interview with Jeffrey
Business Mentorship; Keepin It Real and if you’re on the move here is the podcast.
A special edition of Business Mentorship; Keepin It Real –
Panel Discussion on Community Impact and Building A Network
“May your legacy create a footprint of success for the next person who steps into your shoes”
