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ScaleX™ Insider Podcast

Brendan McGurgan
ScaleX™ Insider Podcast
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  • [ScaleX Bite-size] Anne Mahlum: How to Exit for $100M+ Without Being in the Room
    Anne Mahlum: Why I Wasn't in ANY Exit Meetings During My $100M Solidcore Sale | Founder Independence Anne Mahlum reveals the counterintuitive strategy that gave her complete leverage in her $100M Solidcore exit: she wasn't in a single meeting with the acquiring private equity firm. This clip explains why building a founder-independent business is the key to commanding premium valuations. KEY INSIGHTS FROM THIS CLIP: Anne wasn't in ANY meetings during the final acquisition process She negotiated an extra $10M above her share value because she had all the leverage Had already taken $15M off the table in earlier rounds (2017 & 2021) Promoted her COO to CEO in May 2021 - 2 years before exit The business ran without her, proving it wasn't founder-dependent Anne's negotiation leverage: "You can either pay an extra $10 million now, or we'll wait six months. We'll run another competitive process. We're opening another 15 studios during that time frame, and you can end up paying more for the business, or you could get outbid by someone else." THE CRITICAL LESSON: Private equity firms were buying the NEW leadership team, not Anne. If she had been in those meetings speaking and presenting, they would have assumed she was still running the business and demanded she stay post-acquisition. Anne's advice to founders: "Don't be a starving founder running toward your exit because you'll sell for way less than the business is worth. You will feel like X amount of money feels like a lot because you've never had a taste of it before, and you'll make a bad deal." COVID PIVOT STRATEGY: 2020: Planned to sell, COVID hit, revenue went to zero 2021: Raised $50M, opened 11 studios in red states while competitors stayed closed 2022: Back to pre-COVID numbers by Q1/Q2 2023: $100M+ exit on her terms TIMESTAMPS: 00:00 Taking money off the table in 2017 & 2021 00:45 Planning to sell in 2020, then COVID hit 01:30 Raising $50M and playing offense during COVID 02:15 Opening 11 studios when competitors were closed 03:00 Promoting COO to CEO in 2021 03:30 The $100M exit in 2023 04:00 Why she wasn't in ANY acquisition meetings 04:45 Negotiating $10M ABOVE share value 05:30 "Don't be a starving founder" advice 06:15 The leverage of founder independence CONNECT WITH ANNE MAHLUM: 🔗 Instagram: https://www.instagram.com/annemahlum 🔗 LinkedIn: https://www.linkedin.com/in/annemahlum 🔗 Website: https://www.annemahlum.com 🔗 Solidcore: https://www.solidcore.co 🔗 Back on My Feet: https://www.backonmyfeet.org WATCH FULL EPISODE: 🔗 [Link to full Anne Mahlum episode] SCALEX™ AND SIMPLE SCALING: 📖 Book: Simple Scaling: 10 Proven Principles to 10x Your Business 🔗 ScaleX Elevate Community: https://simplescaling.com/scalex-elevate 🔗 ScaleX Accelerator Programme: https://simplescaling.com/scalex-accelerator-programme 🔗 Website: https://simplescaling.com 📧 Email: [email protected] 📱 LinkedIn: https://www.linkedin.com/company/simple-scaling 📱 Instagram: https://www.instagram.com/simplescaling About ScaleX™ and Simple Scaling: ScaleX™ Insider is brought to you by Simple Scaling—creators of the ScaleX™ Accelerator Programme, a 12-month journey for ambitious SME leaders combining strategy, mindset work, and peer support to break through revenue plateaus. 🔗 Learn more: https://simplescaling.com/scalex-accelerator-programme
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  • [ScaleX Bite-Size] The Exact Numbers Behind Anne Mahlum's $100M Exit Goals
    Every founder dreams of a big exit — but few know the exact numbers they need to feel safe, stay motivated, and negotiate from power. In this clip, Anne Mahlum breaks down the precise financial milestones that gave her psychological safety during her journey from founder to eight-figure earner. She reveals why her first "safe number" was $6 million, how she later pulled $9 million more off the table, and the disciplined math behind her unwavering $100M personal exit target. Anne explains how she evaluated dilution, equity projections, and future valuation before touching any deal — and why she refused to move forward without fully understanding the waterfall and her eventual payout. This is a masterclass in founder discipline, emotional clarity, and exit strategy. Key Takeways: The $6M Safety Number – Anne's first partial exit wasn't random. It was the figure that gave her personal safety, mental clarity, and the freedom to take bigger risks. Why She Took Another $9M – Not for lifestyle. For long-term psychological security while still building aggressively. The $100M Personal Target – A number she defined early, committed to fully, and never wavered from — regardless of market noise. The Dilution Equation – Every time she sold shares, she recalculated: • future valuation • equity dilution • remaining share value • the waterfall • what she'd realistically walk away with Zero Guesswork – Anne didn't negotiate on vibes. She negotiated on math. No Deal Without the Waterfall – She refused to sign anything unless she clearly understood what each scenario meant for her eventual payout. MEET ANNE MAHLUM Anne Mahlum is the founder and former CEO of Solidcore, a boutique fitness brand with 100+ locations, and the founder of Back on My Feet, a nonprofit helping people experiencing homelessness rebuild their lives through running. She turned her last $175,000 into a $90M payday and has built a personal net worth exceeding $100M. Recognized by CNN and ABC World News, Anne is a serial entrepreneur and advisor to founders navigating high-stakes growth and exits. Episode Timestamps 0:00 — Anne's First "Safety Number" Revealed 0:14 — Why She Took $6M, Then $9M 0:24 — The Real Math Behind Her Exit 0:33 — How Dilution Affected Each Decision 0:51 — The $100M Personal Goal 1:02 — Why She Never Wavered From That Number 1:05 — The Waterfall: Her Non-Negotiable Requirement Connect with Anne Mahlum: LinkedIn: linkedin.com/in/anne-mahlum/ Website: https://www.annemahlum.com/   About ScaleX™ and Simple Scaling: ScaleX™ Insider is brought to you by Simple Scaling—creators of the ScaleX™ Accelerator Programme, a 12-month journey for ambitious SME leaders combining strategy, mindset work, and peer support to break through revenue plateaus. 🔗 Learn more: https://simplescaling.com/scalex-accelerator-programme Subscribe & Never Miss an Episode: 📺 YouTube: https://www.youtube.com/@simplescaling 🎧 Apple Podcasts: https://podcasts.apple.com/gb/podcast/scalex-insider/id1494889789 🎵 Spotify: https://open.spotify.com/show/0d7ZzJFe6uL3I6wzW3BlFx Host: Brendan McGurgan Website: https://www.simplescaling.com LinkedIn: https://www.linkedin.com/in/brendanmcgurgan
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  • Anne Mahlum – How Purpose and Grit Built a $100M Fitness Empire
    How Purpose and Grit Built a $100M Fitness Empire- Anne Mahlum, founder of Solidcore and Back on My Feet, shares the journey of turning purpose and grit into a scalable business while impacting hundreds of thousands of lives. From running nonprofit programs for the homeless to creating a $90 million fitness brand, Anne reveals how deliberate action, environment design, and strong community can drive both social and financial success. In this episode, host Brendan McGurgan dives deep into Anne's story, unpacking the mindset, habits, and systems that allowed her to scale with purpose—first in the nonprofit sector, then in the boutique fitness industry. Episode Highlights: How running and community-building at Back on My Feet humanised homelessness and created a ripple effect of societal impact The importance of environment and deliberate habit design in achieving personal and professional goals Transitioning from nonprofit success to launching a high-growth fitness brand without investors The unit economics and scalability strategy behind Solidcore's first studio and rapid expansion Lessons on leadership, process design, and building repeatable ecosystems for growth How focusing on purpose and quality first, rather than money, leads to long-term success Stories of resilience, strategic risk-taking, and creating culture in a fast-scaling company Meet Anne Mahlum Anne Mahlum is a founder, entrepreneur, CEO, philanthropist, motivational speaker, and athlete. She is the founder and former Executive Chairwoman of Solidcore, a boutique fitness company with over 100 locations in the U.S., which she scaled from her last $175,000 to a multimillion-dollar enterprise. Anne also founded Back on My Feet, a nonprofit that empowers individuals experiencing homelessness through running and community. Anne has been recognised as an ABC World News Person, CNN Hero, top 40 under 40 in Philadelphia and Washington D.C., New Yorker of the Week, and Penjerdel's Citizen of the Year. Her entrepreneurial ventures have created a personal net worth of over $100M while positively impacting hundreds of thousands of lives. Key Topics Covered: → Scaling purpose-driven initiatives: from nonprofit to profitable business → Designing environments that remove friction and enable success → The "rinse, repeat" approach to building systems, processes, and repeatable ecosystems → Unit economics and early indicators of scalable business models → Lessons in leadership: building businesses that work without depending on the founder → Creating culture and community in high-growth fitness enterprises → The interplay of grit, intuition, and calculated risk in entrepreneurship Who Should Listen This episode is essential for entrepreneurs, SME leaders, social impact founders, and anyone looking to scale with purpose. If you're seeking inspiration on combining social impact with profitable business growth, Anne's journey provides a blueprint for leadership, resilience, and scaling effectively. About Anne Mahlum Anne Mahlum is a visionary entrepreneur who has successfully blended purpose, passion, and profit. She is the founder of Solidcore, a boutique fitness brand, and Back on My Feet, a nonprofit transforming lives through running and community. Anne's approach emphasizes deliberate action, scalable systems, and fostering community to create lasting impact. LinkedIn: linkedin.com/in/anne-mahlum/ Website: https://www.annemahlum.com/ About ScaleX™ and Simple Scaling ScaleX™ Insider is brought to you by Simple Scaling — creators of the ScaleX™ Accelerator Programme. A 12-month journey for ambitious SME leaders combining strategy, mindset work, and peer support to break through growth plateaus. Host: Brendan McGurgan Website: simplescaling.com   Subscribe & Listen Watch on YouTube: Simple Scaling Channel Listen on Apple Podcasts: ScaleX Insider Listen on Spotify: ScaleX Insider
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  • [ScaleX Bite-Size] Why Your Landing Page is Losing Leads (The Birthday Party Mistake) | Bas Wouters
    How SEAT Automobiles increased leads by 2000% with one simple page change—Bas Wouters reveals the "Competing Prompts" mistake killing your conversions and why asking for multiple actions is like having 90 people shout at you simultaneously. Key Takeaways: The "Birthday Party Analogy" - Why having multiple calls-to-action on one page is like 90 people screaming at you when you walk through a door The 2000% SEAT Case Study - How simplifying a landing page to ONE action (download price list) exploded lead generation for SEAT Automobiles The Competing Prompts Problem - Why asking visitors to do multiple things on one page creates decision fatigue and kills conversions The Common Sense Paradox - Why this principle sounds obvious but almost every business gets it wrong (including yours) The SME Advantage - Why you don't need Disney or Booking.com budgets to implement behavioral psychology that works One Page = One Goal - The ruthlessly simple audit process to fix your landing pages today Guest Bio: Bas Wouters is co-founder of the Cialdini Institute, creator of the Online Influence Institute, and one of only 12 certified trainers worldwide under Dr. Robert Cialdini (the "Godfather of Influence"). He scaled a kitchen business from €10,000 to €25 million using behavioral psychology, worked with Disney and Booking.com, and now helps SMEs compete with corporate giants through science-backed influence strategies. Episode Timestamps: 0:00 - The Birthday Party Analogy: 90 People Shouting At You 1:15 - What Are Competing Prompts? 2:30 - The SEAT Automobiles 2000% Lead Generation Case Study 4:45 - Why SME Leaders Get This Wrong (The Fire-Hose Effect) 6:20 - "Common Sense Isn't That Common" - Why We Overcomplicate 7:40 - You Don't Need Big Budgets or Big Teams 8:50 - The Simple 5-Step Audit to Fix Your Pages Today Connect with Bas Wouters: Website: https://www.onlineinfluence.com LinkedIn: / bazwouters-cmct-cpt-cec Free AI Tools & Monthly Workshops: https://www.onlineinfluence.com About ScaleX™ and Simple Scaling: ScaleX™ Insider is brought to you by Simple Scaling—creators of the ScaleX™ Accelerator Programme, a 12-month journey for ambitious SME leaders combining strategy, mindset work, and peer support to break through revenue plateaus. 🔗 Learn more: https://simplescaling.com/scalex-accelerator-programme Subscribe & Never Miss an Episode: 📺 YouTube: https://www.youtube.com/@simplescaling 🎧 Apple Podcasts: https://podcasts.apple.com/gb/podcast/scalex-insider/id1494889789 🎵 Spotify: https://open.spotify.com/show/0d7ZzJFe6uL3I6wzW3BlFx Host: Brendan McGurgan Website: https://www.simplescaling.com LinkedIn: https://www.linkedin.com/in/brendanmcgurgan
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  • [ScaleX Bite-Size] Bas Wouters - How One Word Changed to "Purchased" Increased Conversions 300%
    How one word changed to "purchased" increased conversions 300%—Baz Wouters reveals the exact three-part formula combining Cialdini's principles of social proof, scarcity, and authority that SME leaders can apply immediately. In this powerful segment of the ScaleX Insider Podcast, host Brendan McGurgan and Baz Wouters break down Dr. Robert Cialdini's seven core principles of influence and the surgical precision required to convert browsers into buyers online. The 300% Conversion Breakthrough: NYX Makeup Studio ran a simple A/B test on their product page. They started with just a "Buy" button. Then they added one sentence: "71 beauties have viewed this product today." Five words. Result: 33% increase in transactions. But then they tested changing ONE WORD: "71 beauties have purchased this product today." That single word change—"viewed" to "purchased"—led to a 300% increase in transactions. Same layout. Same product. One word. Massive difference. Why It Worked: This sentence combined THREE of Cialdini's core influence principles simultaneously: Social Proof: Other people are taking action Scarcity: This is happening right now (today) Authority: These are people like you (beauties = target audience identity) The 3-Part Formula for SME Leaders: Bas reveals the three criteria to create high-converting copy yourself: Mention Your Audience—"People Like Me" Name the Desired Behaviour Literally Use Exact Numbers to Boost Trust The AI Solution for SMEs Without Marketing Teams: Many SME leaders worry: "I don't have a marketing department. I don't have copywriting specialists. How can I implement this?" Bas's answer: This is exactly why he built AI-powered tools for SMEs. As an entrepreneur himself (not a corporate consultant), he understands the resource constraints small businesses face. What's Available Now: Free monthly workshops at onlineinfluence.com AI-trained bots that analyze your website instantly Put in your URL → Get told: "Here are your biggest wins. Here's where you can increase conversions." Actionable recommendations you can implement yourself The Delete Button Strategy: Most improvements aren't about adding things—they're about removing friction. Deleting clutter. Simplifying steps. You don't need designers. You don't need developers. You just need the delete button. As Brendan says: "Everyone knows where the delete button is. This is about taking stuff out, not adding more in." Why This Matters for Your Business: If a makeup company can increase conversions 300% with one word change, imagine what's possible when you apply all seven of Cialdini's principles systematically across your entire customer journey. The principles work because they speak directly to System 1 thinking—the fast, automatic, subconscious brain that makes 95-98% of all purchasing decisions. Key Takeaway: You don't need a massive budget or a huge team. You need surgical precision with language. You need to understand how the human brain actually makes decisions. And you need the courage to simplify ruthlessly. About ScaleX™ and Simple Scaling: ScaleX™ Insider is brought to you by Simple Scaling—creators of the ScaleX™ Accelerator Programme, a 12-month journey for ambitious SME leaders combining strategy, mindset work, and peer support to break through revenue plateaus. 🔗 Learn more: https://simplescaling.com/scalex-accelerator-programme Subscribe & Never Miss an Episode: 📺 YouTube: https://www.youtube.com/@simplescaling 🎧 Apple Podcasts: https://podcasts.apple.com/gb/podcast/scalex-insider/id1494889789 🎵 Spotify: https://open.spotify.com/show/0d7ZzJFe6uL3I6wzW3BlFx Connect with Baz Wouters: Website: https://www.onlineinfluence.com LinkedIn: https://www.linkedin.com/in/bazwouters-cmct-cpt-cec Free AI Tools & Workshops: https://www.onlineinfluence.com Host: Brendan McGurgan Website: https://www.simplescaling.com LinkedIn: https://www.linkedin.com/in/brendanmcgurgan
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About ScaleX™ Insider Podcast

My name is Brendan McGurgan and I am immersed in the world of scaleup businesses. In 2020, myself and business partner Claire Colvin co-founded Simple Scaling with the sole purpose of inspiring and enabling millions of ambitious leaders to scale with purpose. Over the past two years we have researched and examined our success and the success of those who have 'been there and done it' to create the 10 Principles of Scaling which is enshrined in our ScaleX™ Framework. As an extension of this we have created the ScaleX™ Insider Podcast. Every week I will be having fascinating conversations with authors, change makers and business leaders on one or more of the ScaleX™ Principles to support you on your journey to success. I believe passionately in business scaleup and most importantly the wellbeing of you - the aspirational scaleup leader. New episodes on Wednesdays. Listen anywhere you get your podcasts, and please rate, review and share the podcast if you enjoy it. For more information go to: www.simplescaling.com.
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