PROFIT With A Plan

EP298 Break Through Resistance & Build a More Valuable Business with Justin Goodbread

Justin Goodbread · April 16, 2025

Entrepreneur · Author · Finance · Leadershipin

Interview with Justin Goodbread

EP298 Break Through Resistance & Build a More Valuable Business with Justin Goodbread

Podcast: PROFIT With A Plan

April 16, 2025 · 32 min

Listen to Justin Goodbread on PROFIT With A Plan.

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EP298 Break Through Resistance & Build a More Valuable Business with Justin Goodbread
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Key topicsEmpowering Business Owners to Create ValueAs a seasoned business coach and keynote speaker, Justin Goodbread helps business owners achieve the freedom they desire while still growing their businesses. He offers practical advice on increasing business value, financial management, and strategic planning. Justin shows how to balance business growth with personal freedom, demonstrating that it’s possible to enjoy both. The Reality of Business TransitionsJustin can discuss the harsh reality that a vast majority of businesses fail to successfully transition ownership, with only a small percentage of owners being satisfied with the sale price. He can use his real-world experience of growing and selling seven businesses to illustrate common pitfalls and provide strategies on how to increase the likelihood of a successful transition, whether it’s selling to an outside buyer, passing the business to family, or another exit strategy. Preparing for a Successful Business ExitJustin can share his insights on the critical importance of early planning for a business exit, drawing from his extensive experience in value acceleration and exit planning. He can emphasize that many business owners delay this planning and are often unprepared when the time comes, leading to disappointing results. Justin can discuss actionable steps to make a business attractive to buyers, ensuring that the owner can achieve a successful and profitable exit. View all topics →

About Justin Goodbread

Justin Goodbread, podcast guest

Expert in Business Value Growth and Strategic Exit Planning

7 businesses Built and exited1M+ copies Best-selling books sold worldwide5× Top 100 Most Influential Advisor, Investopedia500+ episodes DecaMillionaire Decoded podcast

Justin Goodbread is a seasoned entrepreneur, author, and business strategist with decades of experience building, scaling, and exiting service-based businesses. He launched his first venture at just 15 years old, igniting a lifelong passion for entrepreneurship and financial independence. Over the years, Justin has built multiple companies—culminating in an eight-figure exit—solidifying his reputation as a trusted advisor to growth-minded business owners.

Justin specializes in helping service-based entrepreneurs—particularly those generating over $500,000 in annual revenue—break through plateaus, enhance enterprise value, and prepare for highly profitable exits. He is the creator of the DecaMillionaire Doctrine, a five-phase framework designed to guide business owners from operational overwhelm to strategic freedom and lasting wealth.

A two-time bestselling author, Justin shares his expertise in his books The Ultimate Sale and Your Baby’s Ugly, offering practical, actionable guidance on maximizing business value. He also hosts the long-running podcast DecaMillionaire Decoded, with over 500 episodes packed with strategies for business growth, exit planning, and leadership.

As a podcast guest, Justin delivers engaging stories, strategic insights, and a relatable approach that resonates with entrepreneurs navigating the challenges of growth and transition. His blend of real-world experience and clear communication makes him a standout voice in conversations about business strategy, legacy building, and financial freedom.

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About this episode

Break Through Resistance & Build a More Valuable Business withJustin Goodbread

📌 Guest: Justin Goodbread – Bestselling Author, Keynote Speaker & Business Value Expert🎧 Host: Marcia Riner | Profit Booster® | Infinite Profit®🎯 Topic: Business Growth, Scaling, and Creating Exit-Ready Companies

Summary

In this powerful episode of Profit With A Plan, Marcia Riner sits down with international bestselling author and business growth strategist Justin Goodbread to uncover the real reason most business owners feel stuck—and what to do about it.

With over 30 years of experience and multiple 8-figure exits, Justin shares a proven framework to help entrepreneurs overcome resistance, shift from burnout to breakthrough, and build a company that is not only profitable now but also highly valuable for a future sale.

You’ll learn:

Why most owners unknowingly create jobs instead of businesses

The dangers of chasing revenue without building structure

How to increase your business valuation without working harder

Two of the most powerful levers out of 256 that can multiply your company’s value

Why timing—not hustle—is the ultimate key to a successful exit

Key Points

00:00 – Intro to the EpisodeMarcia introduces the topic of entrepreneurial resistance and her guest, Justin Goodbread—who scaled his financial firm to 8-figures in just 49 months. Get ready to hear a powerful framework for breaking through resistance and increasing your business’s value.

02:15 – Meet Justin GoodbreadJustin shares his 30-year entrepreneurial journey, including multiple successful exits across different industries. He reveals how his passion shifted to helping other business owners scale and sell profitably.

06:10 – Why Only 18% of Business Owners Ever Exit ProfitablyJustin drops a powerful stat: only 18-20% of small business owners ever exit with value. The reason? Most have created a job, not a business. Learn why owner dependency is a major roadblock to profitable exits.

08:00 – Planning for the Exit Before It’s Too LateMarcia and Justin dive into why exit planning shouldn’t wait until burnout or emergencies hit. Justin shares his own experience building a business that thrived even during his wife’s health crisis—thanks to systems and processes focused on value creation.

10:45 – The Power of Defining Your “Why” and Desired OutcomeHear Justin’s story of a life-changing Zig Ziglar conference and how setting clear life goals at 18 helped shape every business decision. He reminds us that business should serve your life, not the other way around.

13:45 – The Mountaintop Wake-Up CallJustin recalls a heartbreaking moment with a longtime business owner who felt “broke” despite visible success. This powerful story reveals the truth about hidden value gaps and why working harder isn’t always the answer.

16:00 – The Garden Hose Analogy: Stop Flooding Your Business with More SalesJustin explains why increasing revenue without increasing internal capacity can destroy your business. Instead, he teaches how to “widen the hose” by improving systems, processes, and valuation metrics—without burning out.

19:30 – What’s Your Business Worth Today—And What Could It Be Worth?Discover how most owners undervalue their businesses by ignoring the multiple. Justin shares how simple changes can dramatically increase business valuation—even without growing revenue.

22:00 – 2 Quick Wins to Increase Your Business’s ValueJustin gives two of his top value-driving levers out of the 256 they teach:

Owner Dependence – Reduce it to scale and sell.

Recurring Revenue – Create stability and enhance valuation.

24:00 – Control Freaks Need to Control Their Exit TooJustin argues that business owners, who control everything else, often leave their exit up to chance. He makes the case for intentional, value-based planning.

27:00 – What Would You Do with Unlimited Time and Resources?A powerful reflection question from Justin’s business coach helped him realize he had alr

Guest: Justin Goodbread

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