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The Exit - Presented By Flippa

Four College Degrees To Entrepreneur with Theresa Fette, the co-founder and CEO of Digital Trust

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

5.0420 Ratings

🗓️ 19 April 2021

⏱️ 24 minutes

🧾️ Download transcript

Summary

Today we’re talking to Theresa Fette, the co-founder and CEO of Digital Trust, the world’s first, largest, and most secure cryptocurrency IRA platform. With beginnings as a tax attorney, Theresa has a unique perspective on buying and selling businesses. Not only has she sold a few of her own, but she’s helped many others in the sale process. Theresa’s attorney/accountant background led her to be a solid entrepreneur. She shares the lessons she learned over the years and where she’s going next. -- 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 a 30 minute podcast featuring

0:15.6

amazing entrepreneurs who have been there and they have done it. The exit talks to incredible

0:20.3

operators who have bought and sold businesses of all different sizes. You'll learn how they did

0:24.6

it, why they did it, and get exposure to the world of exits. It's a world occupied by a small few,

0:29.6

but accessible to many. And on this special episode, I talk to Teresa Fetti. She is the founder

0:36.2

of the soon to be launched digital trusts. And it is a very exciting project and she talks a lot about

0:42.4

her previous exit and being a CPA, she talks about what the importance of running clean books

0:49.2

is when it comes to exiting the business. And if you stick around to the end, you'll definitely

0:54.1

hear some great knowledge nuggets from Teresa about what you really need to track and what you

1:00.0

need to monitor when you're going through an exit. And as an accountant, she walks us through some

1:06.1

of the KPIs that she was tracking and some of the information that she really leveraged to get in

1:12.1

the door for an acquisition. So without further ado, let's jump right into the interview here on

1:17.8

the exit with Teresa Fetti. All right, guys, I am here with Teresa Fetti, the co-founder and CEO

1:27.0

soon to be digital trust. How are you doing today, Teresa? I'm doing good. How are you?

1:31.9

I'm great. Glad to have you on here. So before we get into the current project that you're working

1:37.6

on, let's hear about your background and what led you into starting businesses and then ultimately

1:43.3

into your exit. So I think it was just a normal person. I can't say that I grew up knowing I was

1:50.9

going to be an entrepreneur. I went to college and being Asian. My mom continued to push me through

1:57.2

school. So I have a lot of degrees. I have four degrees. So I have a bachelor's and a master's

2:01.9

in accounting, a lot of greed and a master's in tax law. So I think I was meant to be a lawyer

2:08.5

and was headed down that road. And I think I just had a natural ability for entrepreneurialism.

2:14.0

And as we, I had an opportunity come along, that's kind of how I ended up running a business.

...

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