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Tropical MBA: Entrepreneurship & Founder Lifestyle

Episode 351: TMBA351: An interview with “CEO Sally.” Find Out Who Bought Our Business

Tropical MBA: Entrepreneurship & Founder Lifestyle

Dan Andrews; Ian Schoen

Digital Nomad, Business, Ecommerce, Society & Culture, Amazon, Founders, Cash Flow, Places & Travel, Founder, Business Owner, Cashflow, Management, Entrepreneurship, Million, Operator, Operations, Profits, Distributed Team

4.9527 Ratings

🗓️ 25 August 2016

⏱️ 50 minutes

🧾️ Download transcript

Summary

http://www.tropicalmba.com/soldfollowup/ A year ago, Dan and Ian published one of the most-listened to episodes of this podcast, titled 7 Things to Consider When Selling Your Business.

In that episode, they detailed all of the ups and downs of the sale process, as well as some anonymous profiles of the people who were putting in offers and kicking tires. On this week's episode, you will hear directly from Tino Sage, the "CEO Sally" who purchased their manufacturing and import business. She'll explain what she was looking for in a business, what the process of buying our business was like, and how things have been since she took over the reins.

Transcript

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0:00.0

So essentially, I risked money in my retirement and I also risked my house.

0:04.0

So it is a big deal.

0:05.6

If the company fails, yes.

0:06.8

Is it one that I don't think I could bail myself out of?

0:10.6

No.

0:15.0

Hey, podcast listener.

0:16.4

Even if you are alone in your entrepreneurial journey, know that today, right now, in your earbuds,

0:21.0

you are joined by thousands of entrepreneurs from all around the globe seeking to grow better,

0:26.1

more profitable, location independent businesses.

0:29.0

If you'd like to learn more about what we do and download our entire back catalog,

0:34.2

check out tropical MBA.com.

0:48.5

Thank you. catalog. Check out tropical MBA.com. I'm very excited for this week's podcast. Today, we have a very special guest, someone who we've talked about anonymously on the show, one of our most

0:53.8

listened to podcast

0:55.0

about selling our business, which was basically manufacturing and import company, selling

0:59.3

amongst other things portable bars and valet equipment.

1:02.0

And today, that person who bought the business has very gamely agreed to come on the show.

1:25.0

I'm Tino Sage, and I am the owner of AEE International, and I purchased the assets of Tutri International, which is the company that you owned a little over a year ago.

1:28.8

You started to tell me before we started recording that you listened to the podcast in which we talked about you.

1:34.9

Yeah, I listened to the sold podcast, I think was the title of it.

1:39.5

I found out that you guys called me CEO Sally, which was really funny to me.

1:43.3

But I guess it makes

1:45.5

sense once you put the description in there of why you're calling me CEO Sally.

...

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