Attracting Buyers with the co-founder of Breedlove Capital Stephanie Breedlove

The Exit - Presented By Flippa

Technology

5.0 • 420 Ratings

🗓️ 19 July 2021

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Call it luck or good fortune, but Stephanie Breedlove’s story is one that illustrates how life can lead you to unexpected paths. For the talented entrepreneur, what started off as a career in corporate America led to an idea for an in-home care company called Breedlove & Associates, which was later sold to care.com. This episode dives into the mind of an inquisitive negotiator and how the acquisition process can reap many rewards.

Transcript

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0:00.0	Hello and welcome to the exit presented by flippa. This is 30 minute podcast featuring amazing
0:13.9	entrepreneurs who have been there and they have done it. The exit talks to operators who bought
0:18.0	and sold businesses of all different sizes. You'll learn how they did it, why they did it,
0:22.7	and get exposure to the world of exits. It's a world occupied by a small few but accessible
0:28.3	to many. And on this episode, I sit down with Stephanie Breedlove. She's currently a co-founder of
0:33.9	Breedlove Capital. She's an incredible entrepreneur. She sold her company to Care.com and she walks
0:41.6	through how home pay was created from scratch with her and her husband and going through the grind,
0:48.8	absolute grind for the first couple of years before even getting a paycheck out of the company
0:55.7	and really focusing on full support of tax and payroll for these household oriented care
1:04.6	industry professionals. So it's a really fantastic story about how she started and really great
1:11.5	to learn how they grew the team and the emphasis on really focusing on the key performance indicators.
1:18.8	She talks about the three that they monitor the closest and retention being the top and most
1:25.2	important that I have always really tried to emphasize in any business venture that I'm in
1:31.0	and I always love learning about other people's KPIs and seeing that retention was her number one
1:37.8	tracked metric for home pay. It's a really phenomenal story for you guys to listen. So definitely
1:45.8	stick around through the entire interview here for all of the amazing knowledge that Stephanie
1:51.6	drops for this interview and without further ado let's jump right into the interview here on
1:56.4	the exit with Stephanie Breedlove. All right guys today I am joined with Stephanie Breedlove,
2:04.7	the co-founder of Breedlove Capital. How are you doing today Stephanie? I'm great Steve. How are
2:10.5	you and thanks for having me on. I'm doing fantastic. I'm excited to dig in here. So before we get in
2:16.6	to your exit and that story and unpacking that let's talk a little bit about your background and how
2:22.8	you got into business. Absolutely. I'm actually I'm 56 so I've had a long career. I'm not in the
	...

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