Ep. 467: Seven Steps To An Eight-figure Exit
The 10 Minute Entrepreneur
Sean Castrina
4.8 • 308 Ratings
🗓️ 15 January 2024
⏱️ 8 minutes
🧾️ Download transcript
Summary
Everyone is looking to start a business. But how to have a BIG exit? The kind where you never have to work again?
Transcript
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| 0:00.0 | You are listening to the 10 minute entrepreneur podcast with host Sean Castrina. |
| 0:08.0 | Today's podcast is the seven step formula to the eight figure exit. How does it happen? How do you have that big exit where you leave with all that money? Never have to work again. |
| 0:22.0 | We're gonna I'm gonna teach you right now. with all that money, never have to work again. |
| 0:22.8 | We're gonna, I'm gonna teach you right now. |
| 0:24.6 | The first step typically is, number one, |
| 0:26.6 | is an entrepreneur, a partnership, |
| 0:28.6 | they bring this one great idea to the table. |
| 0:32.1 | There's this idea that they can't get out of their head. |
| 0:34.4 | Generally, it solves a huge problem or it solves a big need. |
| 0:39.2 | Again, this is for the you know the massive exits okay? |
| 0:45.1 | What idea do you have that there's this massive need for that this you know |
| 0:50.4 | larger than obviously your six and seven figure problems I've had |
| 0:55.8 | lots of seven figure problems eight figure nine figure that's a whole different |
| 1:00.0 | thing it's it's a bigger market okay it's typically a much larger marketplace that you |
| 1:05.8 | that you have discovered a problem or an idea okay greater market the second |
| 1:12.0 | thing is is that, you got this idea, you know there's a great |
| 1:15.7 | marketplace for it, then you start putting together this team to solve it. I've said this so many times on the podcast. A great idea without a |
| 1:26.0 | team is a nightmare. So the entrepreneur, the partnership, they have this great idea, |
| 1:31.0 | they're all excited about it. It's going to solve this |
| 1:33.1 | unbelievable problem. And I've interviewed so many entrepreneurs in the |
| 1:35.9 | podcast, whether it's you know the founder of Panera, you know, you know, and |
| 1:40.5 | and all the way down the line I'm just thinking I you know I've interviewed a lot of business |
... |
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