4.8 • 1.5K Ratings
🗓️ 13 March 2023
⏱️ 51 minutes
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0:00.0 | The presenting sponsor of this episode is Tiny. |
0:02.5 | Tiny is the easiest way for you to sell your business. |
0:05.1 | They provide straightforward cash exits for founders. |
0:08.7 | They can do deals of all sizes. |
0:10.8 | They bought businesses in the past for as little as a million dollars and some |
0:14.0 | businesses for over a hundred million dollars. Tiny has been called the Berkshire Hathaway |
0:18.7 | of the internet. The founders Andrew and Chris have spoken about how the thinking of Warren Buffett and Charlie Munger has influenced the way that they are building tiny. |
0:26.5 | Stick around to the end of this episode, the last six minutes is actually a master class on product differentiation from Warren Buffett. |
0:32.1 | I compare the ideas that Warren writes about in |
0:34.7 | his shareholder letters to Tiny's approach to building their business. |
0:38.8 | Selling a business is usually a headache and a hassle. |
0:41.0 | Selling to Tiny is the opposite. |
0:42.4 | The process of selling your business |
0:44.0 | is very straightforward. You get in touch with Tiny by going to tiny.com. |
0:47.7 | You get a response within 48 hours, they'll make an offer within seven days |
0:51.6 | and they close within a month and you get a bag full of cash. |
0:55.2 | If you have a business that you want to sell now or in the future, make sure you go to tiny.com. |
1:00.3 | And one more quick thing, do me a favor of whatever podcast player that you're currently listening to this on search for invest like the best and follow that show and once you do that listen to episode 318 Doug Leone lessons from a Titan The episode was so good that I listened to it twice. |
1:15.2 | Here's my favorite quote from the episode. You can tell that Doug has founder mentality. |
1:20.0 | He says we were killers. I want to make sure that you know that. |
1:23.1 | We were killers, not killers to make the most money. |
1:26.5 | Killers to get the job done. |
... |
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