09 · For founders thinking about selling

The Acquisition Conversation

For founders who might exit one day and have never had the conversation.

Definition

An acquisition conversation system is the outreach and positioning method for founder-to-founder discussions about selling a company, covering how to open credibly, what a buyer actually evaluates, and how to hold your footing when valuation comes up.

Someone might want to buy your company. You have no idea how that conversation starts, and you are frightened of starting it badly.

The outreach and positioning system for founder-to-founder acquisition conversations. How to open, what to send, how to talk about your business to someone evaluating buying it, without looking desperate or naive.

What you get

  • The founder-to-founder outreach method, in a register that opens doors instead of signalling desperation
  • The asset memorandum structure that makes your business legible to somebody evaluating it
  • Positioning language for talking about your own company to a buyer
  • The conversation guide for the part where valuation comes up
Not forAnyone looking for a valuation model or legal advice. This is the conversation layer, not the transaction.

The problem

Why this keeps happening

Most founders discover the acquisition process by being approached, which means they enter every conversation reactive and uninformed about their own value.

The alternative feels worse: reaching out yourself seems like advertising weakness. It is not, but only if the approach is built correctly.

The founders who exit well usually had the conversation early, more than once, before they needed to. The ones who exit badly started when they had run out of other options.

What is The Acquisition Conversation?

The Acquisition Conversation is an acquisition conversation system is the outreach and positioning method for founder-to-founder discussions about selling a company, covering how to open credibly, what a buyer actually evaluates, and how to hold your footing when valuation comes up.

A founder-to-founder outreach method, the asset memorandum structure that makes a business legible to a buyer, and the positioning language that keeps you credible throughout.

Output, with a systemOutput, ad hoc

Illustrative diagram. Shape of the argument, not measured data.

How it runs

How does The Acquisition Conversation work, step by step?

The Acquisition Conversation runs in 5 steps: prepare, position, approach, document, hold. Each step is described below with what it produces and why its position in the sequence matters.

01
of 05 steps
  1. 01

    Prepare

    Assemble what a buyer actually evaluates, which is rarely what founders think it is.

  2. 02

    Position

    Frame the business around what it would be worth to them, not what it cost you.

  3. 03

    Approach

    Open founder-to-founder, in a register that reads as an opportunity rather than a plea.

  4. 04

    Document

    Build the memorandum that answers the obvious questions before they are asked.

  5. 05

    Hold

    Keep your footing through the conversation, especially on valuation.

What is inside

What do you get with The Acquisition Conversation?

The Acquisition Conversation is delivered as a working skill file plus a written companion covering the method. It contains 4 parts: outreach method, asset memorandum, positioning language, conversation guide.

Outreach method 30%Asset memorandum 30%Positioning language 25%Conversation guide 15%
  • Outreach method30%
  • Asset memorandum30%
  • Positioning language25%
  • Conversation guide15%

Failure modes

What do people get wrong?

The 4 most common failures are: waiting to be approached; framing around what it cost you; opening with the wrong register; no memorandum. Each one is explained below with why it happens and what to do instead.

  1. 01

    Waiting to be approached

    You enter every conversation on their timing, with their framing, and no comparison point.

  2. 02

    Framing around what it cost you

    A buyer is not paying for your effort. They are paying for what it is worth to them.

  3. 03

    Opening with the wrong register

    A pitch reads as desperation. A founder-to-founder note about a shared market reads as an opportunity.

  4. 04

    No memorandum

    If the obvious questions are not answered in a document, they get answered badly in a call.

Someone might want to buy your company. You have no idea how that conversation starts, and you are frightened of starting it badly.

Bhavik Sarkhedi · somewhere over Australia

The alternatives

How does The Acquisition Conversation compare to the alternatives?

There are three ways to solve this: do it yourself, hire it out, or buy the method. The Acquisition Conversation is the third. It costs $25 once, the method stays yours, and you can re-run it without paying again.

ConsiderationDoing it yourselfHiring it outThis system
Who opens itThey do, on their timingAn advisor, for a feeYou, when you choose
Cost shapeNone, until it costs youPercentage of the dealOne payment
Works below advisor thresholdsn/aUsually notYes
You understand your own valueRarelySecond handYes
Repeatable with several buyersNoExpensiveYes

Key terms

The vocabulary, defined

Asset memorandum
The document that makes a business legible to somebody evaluating it.
Founder-to-founder
An approach made peer to peer rather than through an intermediary.
Strategic value
What the business is worth to that specific buyer, not on the open market.
Early conversation
A discussion held before you need an outcome, which is where leverage lives.

Who is behind it

Built from the actual work

21Books published
1,200+Clients served
30+Countries
12+Years in practice

Named to the Forbes 2025 list of top personal branding experts. Published twice in The New York Times. Writing for HuffPost since 2016.

Before you buy

Questions

Is this legal or financial advice?

No. It is the communication and positioning layer. You will still want a lawyer and an accountant for the transaction itself.

Is this just a pack of prompts?

No. A prompt is one instruction. This is a working system: the method, the order, the judgement calls, and the standard for what finished work looks like. You are buying the workflow I run inside a paid engagement.

I am an executive, not an operator. Is this too hands-on?

Each one is built so you can either run it yourself or hand it to whoever does this work for you. The value is that the method is decided, so nobody is improvising on your reputation.

Could I not just ask an AI to do this?

You can ask. You will get a generic answer, because the model does not know what good looks like at a senior level and has no opinion about sequence. That judgement is the product.

Do I need to be technical?

No. Installing it is dragging one file into a folder.

What format do I actually receive?

A working skill file you install once, plus a written companion explaining the method so you can adapt it rather than follow it blindly. It runs inside Claude.

What happens after I click buy?

It opens an email to me, already filled in. I reply with a payment link and send the files the same day. Deliberately human, because I want to know who is using these.

Is there a refund?

Yes. If you use it properly and it does not do what this page said, tell me and I refund you. No argument.

What people buy next

Bhavik Sarkhedi mid-skydive, high above cloud cover
Somewhere over Australia

Everything here started as work I do for clients.

Thirty systems, fifteen on each of my two sites. One payment, yours permanently.

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