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The Exit - Presented By Flippa

From Successful Business Owner to Coaching Business Owners on Success With Diane Prince

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

5.0420 Ratings

🗓️ 8 November 2021

⏱️ 26 minutes

🧾️ Download transcript

Summary

Today we are talking to Diane Prince, a successful serial entrepreneur. Having started, scaled, and exited a handful of businesses, Diane is a wealth of knowledge. She presently uses this knowledge to coach other entrepreneurs in getting to the next step in their business. In a world full of coaches, Diane actually has the real life experience to back up her training. She’s here to share how she first got into business, the lessons she’s learned along the way, and how she’s been able to be a part of multiple successful exits. She dives into KPIs to follow, the right time to sell, and how to prepare for an exit. -- 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

0:15.3

amazing entrepreneurs who have been there and they have done it.

0:18.5

The Exit talks to operators who have bought and sold businesses of all different sizes.

0:22.6

You learn how they did it, why they did it, and get exposure to the world of Exits.

0:26.4

It's a world occupied by a small few but accessible to many.

0:30.6

Now in this episode I sit down with Diane Prince and before we started recording we started

0:35.4

talking a lot about the coaching industry and how it's got a ton of people who are

0:42.0

coaching and have not actually run businesses and I'm not speaking poorly on the entire coaching

0:47.4

industry but I will say that there needs to be a space for experts to teach and for people

0:54.3

to learn from experts who have executed on things like starting businesses and exiting

0:59.9

them successfully and that is exactly what Diane has accomplished.

1:04.8

She's exited over five businesses including a company called Onstaff that was a staffing

1:09.9

company that was her first company to exit for multi millions of dollars and it is a

1:15.8

very exciting story of how she started it, how she scaled it and how she went through

1:20.5

the process of an exit through different eye bankers all the way to writing all the connections

1:26.0

she has on a legal pad and reaching out to them.

1:30.3

So she has gone through all of the different types of exits with a handful so it's very

1:35.6

exciting to sit down with her, talk through what it's like to start a company, the struggles

1:41.6

that entrepreneurs run into with taking it to the next level and it's just all the different

1:47.0

intricacies of starting and exiting businesses.

1:49.9

So without further ado, let's sit down and talk to Diane Prince.

1:53.3

All right everyone, today I am joined with Diane Prince.

...

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