Episode 195: TMBA 195 (LBP161) – We Sold a Business, Here’s What We Learned
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 20 June 2013
⏱️ 21 minutes
🧾️ Download transcript
Summary
http://www.tropicalmba.com/sold-a-business-lessons-learned/ http://www.tropicalmba.com/sold-a-business-lessons-learned/ Dan and Ian’s dreamy voices are drifting into your earbuds this week to bring you some insight on a real life experience they’ve just been through… selling a business. You’ll get to hear the fellas 7 points on what they did, and what they will do differently next time they sell a business to...
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You do not listen to your own podcast, man. |
| 0:01.9 | Screen's going dark. |
| 0:08.0 | Hey, podcast listener, even if you are alone in your entrepreneurial pursuit, know that today, |
| 0:13.1 | right now in your earbuds, you are joined by thousands of entrepreneurs all around the globe |
| 0:18.0 | seeking to do the same thing you are. |
| 0:20.6 | If you want to know more about this program or this podcast, |
| 0:24.0 | we want to get barraged by a lot of annoying pop-ups, |
| 0:26.8 | check out our website, |
| 0:28.3 | lifestylebusinesspodcast.com. |
| 0:36.7 | Yeah, buddy, happy Thursday morning. |
| 0:38.2 | It's the LBP. |
| 0:39.1 | This is the show where we believe building the business ass is the best way to create more personal freedom and opportunity in your life. |
| 0:44.4 | Today I'm joined, as is per the usual, across the Skypey, a man who puts the green light into that fine application. |
| 0:50.1 | Welcome to the program, sir. |
| 0:51.1 | If you guys stick around to the end of the show, we'll share with you the story behind our first major business sale. We did have one minor one, I guess, a couple years ago, but this is the first major business in our portfolio that we've sold. And we're going to share with you guys what we learned about it from the process and what we would have done differently the next time, or what we'll do differently rather the next time we sell a business. So how are you today, Ian? Yes, doing good, Dan. What about you? Fantastic, man. I'm in New York City. I'm going to meet up with a bunch of D.C. tomorrow. So looking forward to that, working on the big event coming up in October. So that's sort of been hot on my to-do list lately. |
| 1:28.8 | Are we going to get bracelets? Are we going to get silicone bracelets? |
| 1:32.5 | Your contributions are always on the sidelines, so to speak. You know, this week, Ian, I had the |
| 1:39.4 | chance to go out and see Mitch Joel and Seth Godin speak. |
| 1:51.3 | Mitch Joel is the perpetrator of one of my favorite podcast, Six Pixels of Separation, |
| 1:55.8 | and I follow his blog religiously, and he put out this note, hey, if you're in New York City, |
| 1:58.7 | you can sort of apply to win a contest. |
| 1:59.9 | I won the contest. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Dan Andrews; Ian Schoen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Dan Andrews; Ian Schoen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

