Filling a Need With Alexa Von Tobel of Aspired Capital

The Exit - Presented By Flippa

Technology

5.0 • 420 Ratings

🗓️ 4 October 2021

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today we’re talking with Alexa Von Tobel, the founder and managing partner at Aspired Capital. Alexa was inspired to create her first company out of a need for financial guidance when she was just starting out. She not only created a successful company, but had a very successful exit 8 years later. She shares the entire process from beginning to end, sharing many knowledge nuggets along the way. -- 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

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0:00.0	Hello and welcome to the exit presented by Flippa. This is your co-host here, Steve McGarry,
0:17.8	and this is the 30 minute podcast featuring amazing entrepreneurs who have been there and they
0:21.3	have done it. The exit talks to operators who have bought and sold businesses of all different
0:25.9	sizes. You'll learn how they did it, why they did it, and get exposure to the world of exits.
0:30.1	It's a world occupied by a small few but accessible to many. And on this episode, I sit down
0:35.5	with Alexa Vontobl. She's the founder and managing partner of Inspired Capital, and she walks us
0:41.1	through her exit of LearnVest. It was acquired by Northwestern Mutual, which was a company based
0:48.4	out of Milwaukee. She goes through the entire process from end to end, and there's so many really
0:54.3	cool knowledge nuggets that she drops for us because there are really, really chaotic times
1:00.4	during this acquisition. She talks about how the CEO came and visited them on Thanksgiving while
1:07.2	she was entertaining her brand new in-laws, and just a lot of really fascinating things all going
1:13.1	on at once, all the way down to her giving birth to her first child, the same week the acquisition
1:22.3	took place. So really fantastic story here, and a lot of really inspiring concepts that she talks
1:29.7	about around accepting feedback from others. So definitely sit down, listen through the entire
1:35.6	interview here on the exit. And without further ado, let's dive into the interview here with Alexa
1:41.4	Vontobl. All right, today I am joined with Alexa Vontobl, the founder and managing partner of Inspired
1:50.9	Capital. How are you doing today, Alexa? I'm doing really well. Thank you so much for having me
1:55.6	in a fan and what a fun topic that you get to go deep with people on. Yeah, excited to have
2:01.1	you on and excited to go deep into your exit and all that goes with it. So before we get into
2:08.0	the nitty gritty, let's talk about your background. What got you into entrepreneurship and
2:13.0	starting companies? It's such a good question and the truth is I actually just think I've always
2:19.9	been an entrepreneur and I just never had the language to really describe it. If you go back and
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