Send us Fan Mail Khaled Azar, founder of Livmo M&A, explains how to sell your business and why roughly 80% of companies that try to sell never close. He covers exit strategy, business valuation, and deal structure with hosts Jason Johns and Sean Ritchlin. Khaled has launched 14 ventures over 20 years, starting with a pro wrestling spoiler site he ran in high school. Ten were under $1M, three were over $1M, and one was over $10M. He sold a software company, and now Livmo educates, coaches, and represents founders on their path to an exit. In this episode: Why most business sales fail, and how owner expectations drive itGetting partners aligned, and why owning 60–70% mattersSearch funds, independent sponsors, and entrepreneurship through acquisition (ETA)Selling a software company in the AI era: vertical SaaS and the "vibe code" riskHoldcos vs. private equity: who is buying founder businesses nowDeal structure ranked: cash, seller financing, earnouts, and rollover equitySeller's remorse, deals that blow up, and running the business while it's for saleChurn, contracts, and change-of-control clauses that can cut your payoutBook mentioned: Early Exits by Basil Peters Find Khaled: livmo.com and LinkedIn This episode is brought to you by Diag Partners, staffing and recruiting that moves at the speed of your business. Start hiring at diagpartners.com. Watch the full episode on YouTube: @InTheHarborPod ⚓️ Find us In The Harbor Where sports, leisure, and finance come together — from the rink to the markets and everywhere in between. 🎙 Subscribe, follow, and join the conversation: 📸 Instagram & TikTok → @intheharborpod 💼 LinkedIn → Rock Harbor LLC 🐦 X & 📺 YouTube → @InTheHarborPod