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How i sold my company for $25 MILLION with sharon gillenwater | Startup Guidance

How i sold my company for $25 MILLION with sharon gillenwater | Startup Guidance

FromProdcircle with Mudassir Mustafa


How i sold my company for $25 MILLION with sharon gillenwater | Startup Guidance

FromProdcircle with Mudassir Mustafa

ratings:
Length:
60 minutes
Released:
Jun 12, 2024
Format:
Podcast episode

Description

SummaryWelcome to the podcast! In this episode, we dive into Sharon Grewal's entrepreneurial journey and her path to startup success. Sharon shares her early influences, including her admiration for her working mother, and how her background in journalism led to a successful transition into the startup world. She discusses the advantages and challenges of corporate hiring and startup growth, offering valuable insights and lessons for new entrepreneurs.Sharon highlights the rise of entrepreneurship, the evolving landscape of venture capital, and the importance of understanding founder exits. We get an exclusive look at her book, "The Empathetic Entrepreneur," and the privilege of doing what you love.Takeaways1. Early influences and experiences can shape an individual's career path.2. Working at a startup offers unique opportunities for growth and impact.3. Skills gained from unrelated jobs can be valuable in entrepreneurship.4. Understanding the dynamics of venture capital and founder exits is crucial for entrepreneurs.5. The rise of entrepreneurship is influenced by factors such as technology and access to resources.6. Doing what you love can be a privilege, but it is also possible to find fulfillment outside of work.7. Selling a company is a structured process that involves creating a marketing deck, reaching out to potential buyers, and conducting due diligence.8. Bootstrappers should cultivate relationships with potential customers, offer free high-value advice, and consider custom projects to win early champions.Chapters00:00 Trailer01:20 Sharing Journey07:35 Lessons from Working as a Serving09:12 The Rise of Entrepreneurship24:02 The Empathetic Entrepreneur Book28:08 Privilege vs Right to Do What You Love30:15 Thought Process Behind Selling the Company37:55 Understanding Private Equity and M&A Bankers41:20 Types of Businesses That Can Be Sold45:00 Deal Structuring and Negotiation52:30 Advice for Bootstrappers57:55 Ritual Time59:40 ConclusionConnect with Mudassir ? YouTube Channel - @prodcircleHQ ? Twitter - https://twitter.com/ProdcircleHQ? Instagram - https://instagram.com/prodcirclehq? Website - https://prodcircle.com/? Linkedin - https://www.linkedin.com/in/mudassir-mustafa/
Released:
Jun 12, 2024
Format:
Podcast episode

Titles in the series (54)

Each week, I invite entrepreneurs, venture capitalists & industry professionals to share their experiences and insights on the journey to building a successful startup.I try to explore the human side of the business, their successes, failures, stories, we talk about latest trends, and dive deep into whatever is going on in the startup world.