The Uncommon Element
The Uncommon Element
Josh Meunier
39. Tony Whatley - Building and Valuating your Business
1 hour 7 minutes Posted Feb 18, 2023 at 8:00 am.
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In this episode of The Uncommon Element we have a very special guest joining us, Tony Whatley.  


Tony has over 97 years of experience working across five different industries ranging from 27 years in Oil & Gas, to 15 years in business mentorship and coaching.  


In today’s episode, Tony and your host of The Uncommon Element, Josh Meunier dig into Tony’s background and the importance of starting with groups in the Fortune 500 and how that helped him learn the knowledge necessary to later sell his own companies and publish his best selling book “Side Hustle Millionaire.”


Here are the topics we cover in today's episode of The Uncommon Element.


Discipline & Growing up

Mother EQ & Father Marine Military

Compassion for others

97 years of experience across five industries

Best selling Author, entrepreneur, and business coach

Sold a business

What is the burnrate of a company and why is it important

Why is measuring free cash flow and forecasting important

What makes a good leader and why is it so important to have high performers around you.

Negotiations with others and how it's like a sword where each member or organization takes a swing and then hands over the sword.

How many people raised their hands for Leadership and why they were there at Chevron

What is the role of the CEO = Profit and Survival

Governance Risk and Compliance

Managing $100M-$500M projects

Contracts and the importance of them in your organization.

Revenue streams for a company

  1. Cash Foreward (low risk to you)
  2. Nuetral (Where the risk is dispersed over both parties)
  3. Negative: Oftentimes around net terms

What are the keys that go into a valuation and some of the benchmarks that you should focus on to create the types of multiples to sell your company for what you want.



Connect with Tony Whatley:

[email protected]

365driven.com/about

Facebook.com/tony.whatley.1

Instagram.com/365driven

Linkedin.com/in/tonywhatley/



Connect with Josh Meunier:


@joshmeunierofficial

@theuncommonelement

@mingma.io

@free.space.studio


Twitter @josh_meunier_


LinkedIn: https://www.linkedin.com/in/josh-meunier-94026011


Facebook: https://www.facebook.com/profile.php?id=1824903


Website:

www.uncommonelement.com

www.freespacestudio.com

www.mingma.io


Email:

Business & Life Coaching: [email protected]

Podcast: [email protected]

Design Work: [email protected]