BUY GROW SELL is the podcast for entrepreneurs looking to ACQUIRE, GROW, or EXIT a business. Each week, we interview a business owner who has bought, grown, or ...
EP99 5 Top Tips from Business Owners Who Sold Their Businesses
We are reflecting on an extraordinary year of the Buy Grow Sell podcast, where we delved into the triumphs and tribulations of nearly 100 business owners from across the globe. To wrap up this season, we rounded up the top insights from our guests that every business owner needs to know.
Listen to our final episode of 2023 and leave with five integral tips to ensuring a successful business sale.
See you next year!
Connect with Simon Bedard
LinkedIn: https://www.linkedin.com/in/srhbedard/
Website: https://buygrowsell.com/
Website: https://exitadvisory.com.au/
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EP98 Breaking Up with Your Business Partner
In episode 98 of the Buy Grow Sell Podcast, I sit down with Nick Fanto from Orbital Advisory and Joanna Oakey from Aspect Legal to discuss the complex challenges that arise when business partnerships go sour.
Nick shares personal experiences and valuable insights into the importance of planning for unforeseen circumstances, such as illness or injury, which may impact the key revenue-generating individuals in your business. Together, we discuss the critical role of key person insurance and the significant financial benefits it can provide in times of need.
We also address the crucial need for a well-documented Shareholder Agreement, which can help resolve disputes, protect interests, and ensure a smooth transition in the event of an exit. Throughout the episode, you will discover real-life examples, practical advice, and stories that highlight the necessity of addressing these issues proactively.
Don’t miss out on this informative discussion that will equip you with the knowledge and tools to safeguard your business and make well-informed decisions in challenging times.
Connect with Nick Fanto
LinkedIn: https://www.linkedin.com/in/nickfanto-lifeinsurancespecialist/
Website: https://www.orbitallife.com.au/
Connect with Joanna Oakey
LinkedIn: https://www.linkedin.com/in/joannaoakey/
Website: https://www.aspectlegal.com.au/
Connect with Simon Bedard
LinkedIn: https://www.linkedin.com/in/srhbedard/
Website: https://buygrowsell.com/
Website: https://exitadvisory.com.au/
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EP97 How a Label-Making Business Sold for $12 Million: Mabel’s Labels
From four frustrated moms crafting labels in a basement to a multi-million-dollar business model, Julie Cole and her co-founders navigated the challenges of co-founding a business while juggling parenthood and bootstrapping their startup.
Eventually, Mabel’s Labels moved from a basement to a bigger basement to a 20,000 square foot facility before finally selling for $12M back in 2016.
In this episode, Julie explores the ups and downs of having co-founders (especially when they are family) and the pivotal moments that lead to a successful exit.
Connect with Julie Cole
Website: https://mabelslabels.com/
LinkedIn: https://www.linkedin.com/in/julie-cole-llb-ma-3794671/
Facebook: https://www.facebook.com/Mabelhood/
Twitter: https://twitter.com/juliecole
Twitter: https://twitter.com/mabelhood
YouTube: https://www.youtube.com/c/MabelsLabels_Mabelhood
Connect with Simon Bedard
LinkedIn: https://www.linkedin.com/in/srhbedard/
Website: https://buygrowsell.com/
Website: https://exitadvisory.com.au/
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EP96 Overcoming Uncertainty & Selling Her Business to Bill Gates
From growing her business to $1M then spending it all on a lawsuit, seeing her business fall apart on 9/11, having her father die six weeks later, and losing her house on the very same day as the funeral, Beate Chelette has faced her fair share of adversity. But she turned it around, rebuilding her business from scratch, and eventually selling it off to Bill Gates for 5x gross earnings.
In this episode, she unveils her path from a single parent drowning in debt to a multimillion-dollar deal with Bill Gates. Overcoming lawsuits, personal tragedies, and financial turmoil, Beate’s story proves that adversity fuels future success.
Get ready to be inspired as we explore Beate’s rollercoaster journey from rock bottom to remarkable triumphs.
Connect with Beate Chelette
Website: https://beatechelette.com/
LinkedIn: https://www.linkedin.com/in/beatechelette
Facebook: https://www.facebook.com/beate.chelette
Twitter: https://twitter.com/BeateChelette
Connect with Simon Bedard
LinkedIn: https://www.linkedin.com/in/srhbedard/
Website: https://buygrowsell.com/
Website: https://exitadvisory.com.au/
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EP95 Nathan Hirsch: Scaling a Freelancer Marketplace to 8 Figures Before Exit
If you’re an entrepreneur eyeing the outsourcing realm, then you’re in for a treat.
Learn how Nathan Hirsch’s journey shifted from dollars to value, from e-commerce to building an empire of virtual assistants, to exiting and finding contentment in the freedom he gained after growing the business to eight figures.
His journey spans from street smarts to business brilliance, as Nathan shares his experiences and wisdom that’s more than just numbers – it’s about crafting a life on your terms.
Connect with Nathan Hirsch
Personal Social Media:
LinkedIn: https://www.linkedin.com/in/nathanhirsch/
Facebook: https://www.facebook.com/nathan.hirsch/
Business Social Media:
EcomBalance
Website: https://www.ecombalance.com
LinkedIn: https://www.linkedin.com/company/ecombalance/
Facebook: https://www.facebook.com/ecombalance/
AccountsBalance
Website: https://accountsbalance.com
LinkedIn: https://www.linkedin.com/company/accountsbalance
Facebook: https://www.facebook.com/accountsbalance1
Outsource School
Website: https://www.outsourceschool.com
LinkedIn: https://www.linkedin.com/company/outsourceschool/
Facebook: https://www.facebook.com/outsourceschool1
Connect with Simon Bedard
LinkedIn: https://www.linkedin.com/in/srhbedard/
Website: https://buygrowsell.com/
Website: https://exitadvisory.com.au/
BUY GROW SELL is the podcast for entrepreneurs looking to ACQUIRE, GROW, or EXIT a business. Each week, we interview a business owner who has bought, grown, or sold a business, and in some cases, has completed all three steps and started all over again. Our goal is to share the stories of entrepreneurs who have travelled at least part of this cycle, so that we can all learn from their experience. Whether it’s the dizzying heights of success or the hard lessons learned through adversity, we get to the heart of what drives success, and how to apply these lessons on your journey. BUY GROW SELL features the best insights, interviews, and inside information on how to buy, grow, and sell a business – straight from business owners who have lived and breathed it. If you’ve ever wanted to know the formula on how to grow a business and exit big, this podcast has all the answers. www.buygrowsell.com
Ireland