In this episode of ScaleUp Radio, I sit down with Alexis Sikorsky, an experienced entrepreneur, coach, and author of the bestselling book Cashing Out. Alexis co-founded New Access in 2000, growing it into a €45-50 million business with 500 employees before successfully exiting to private equity between 2015 and 2019. Now, through Knight Scale, he provides coaching and advisory services to help fellow entrepreneurs navigate the challenges of scaling and exiting their businesses.

This conversation is packed with hard-won lessons on what it takes to build, scale, and ultimately sell a business for maximum value. Alexis shares the critical mistakes to avoid, how to prepare for an exit from day one, and what founders should know before working with private equity.

Key Takeaways:

✅ Focus on what's important, not just urgent – carve out time for strategic planning rather than just firefighting.
✅ Have a clear business strategy but be prepared to pivot when necessary.
✅ Maintain a "war chest" with at least 9 months' worth of expenses to ride out downturns.
✅ When seeking private equity, do your due diligence – vet firms thoroughly and create competitive tension.

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For now, continue listening for the full story from Alexis.

Scaling up your business isn't easy, and can be a little daunting. Let ScaleUp Radio make it a little easier for you. With guests who have been where you are now, and can offer their thoughts and advice on several aspects of business. ScaleUp Radio is the business podcast you've been waiting for.

If you would like to be a guest on ScaleUp Radio, please click here:

https://bizsmarts.co.uk/scaleupradio/kevin

You can get in touch with Kevin here:

kevin@biz-smart.co.uk

Kevin's Latest Book Is Available!

Drawing on BizSmart’s own research and experiences of working with hundreds of owner-managers, Kevin Brent explores the key reasons why most organisations do not scale and how the challenges change as they reach different milestones on the ScaleUp Journey. He then details a practical step by step guide to successfully navigate between the milestones in the form of ESUS - a proven system for entrepreneurs to scale up.

More on the Book HERE - https://www.esusgroup.co.uk/

Alexis can be found here:

https://www.asikorsky.com/

https://www.linkedin.com/in/alexis-sikorsky-consulting/

Resources:

Cashing Out by Alexis Sikorsky - https://uk.bookshop.org/p/books/cashing-out-the-business-owner-s-guide-to-selling-to-private-equity-alexis-sikorsky/7660646?ean=9781781338476