meta_pixel
Tapesearch Logo
Log in
The Exit - Presented By Flippa

Achieving a 13x Multiple Exit with Andrew Christodoulides

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

5 • 2K Ratings

🗓️ 3 July 2023

⏱️ 24 minutes

🧾️ Download transcript

Summary

This week on The Exit: Andrew Christodoulides’s family immigrated to the US to pursue a better life. During his first year of college, a setback occurred when his father lost his job, compelling Andrew to find additional ways to support his family. Andrew was studying and working at the same time, and his boss at the time asked him to research call center outsourcing companies. Discovering the costs involved in the industry, Andrew had the idea to start his own company: Acena. As time passed, Acena flourished with 75 employees and a long list of established clients, predominantly operating in the Ecom niche. That’s when the exit offers started approaching. Andrew simply couldn't ignore the opportunity when a straightforward negotiation yielded an offer at a staggering 13x multiple. Andrew reflects on his experience, the inception of his new venture, Applaudable, and much more on this episode of The Exit. Andrew Christodoulides is a 3-time Founding entrepreneur and he is currently the CEO and Founder of Applaudable, which is a new and more meaningful social platform. Andrew also founded an outsourcing call center based company in February of 1998 called Acena, and was able to exit after over 12 years of being behind the company. LinkedIn: https://www.linkedin.com/in/andrewchris/ Andrew’s Current Company: https://www.applaudable.com/ Invest in Applaudable : https://www.startengine.com/offering/applaudable For a Free Flippa Business Valuation: flippa.com/freevaluation -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, and welcome to the exit presented by Flipup,

0:02.7

the number one platform to buy and sell online businesses.

0:06.0

Flipup manages over a billion in deal value annually,

0:09.7

and combines expert buy and sell side advisory

0:12.3

with its market leading valuation tool,

0:14.2

deal room, off-market offering,

0:16.1

market insights and AI-based deal-by-deal matching engine.

0:20.4

Now for the exit.

0:21.7

The exit is a 30-minute podcast featuring

0:23.9

awesome entrepreneurs who have been there and they have done it.

0:26.9

The exit talks to operators who have bought and sold

0:29.7

businesses of all different sizes.

0:31.3

You learn how they did it, why they did it,

0:33.6

and get exposure to the world of exits.

0:35.8

It's a world occupied by a small few,

0:38.1

but accessible to many.

0:39.9

On today's episode of the exit,

0:41.2

I sit down with Andrew Crystal-Letus.

0:44.0

He's an awesome entrepreneur who talks about how he started

0:47.7

with a call center and eventually saw that he could

0:51.5

potentially make more than a minimum wage salary

0:54.9

by starting his own outsourcing call center,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Exit - Presented By Flippa, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Exit - Presented By Flippa and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.