9 min listen
Selling 3 Companies for $50 Million By The Age of 29 | Ep 74
Selling 3 Companies for $50 Million By The Age of 29 | Ep 74
ratings:
Length:
13 minutes
Released:
Sep 21, 2023
Format:
Podcast episode
Description
“The less options you have proven out to them, the less likely they're going to want to buy your business." Today, Leila (@LeilaHormozi) shares her experience of selling three businesses and the lessons she learned along the way. She emphasizes the importance of financial performance, growth potential, revenue concentration, cash flow, recurring revenue, unique value proposition, and team strength in creating a sellable enterprise.Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.Timestamps:(2:58) - #1: Revenue and margin's importance(3:47) - #2: Not selling during business decline(4:25) - #3: Sell when business is thriving(5:39) - #4: Diversify revenue for reduced risk(7:57) - #5: Recurring revenue indicates long-term potential(9:51) - #6: Differentiation through product, price, or promotion(10:47) - #7: Create a business that stands on its ownFollow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition
Released:
Sep 21, 2023
Format:
Podcast episode
Titles in the series (100)
Why I Don't Like Side Hustles | Ep 2 by Build with Leila Hormozi