He Sold $400k Business for $1.5m Then Reinvested Everything into New Business

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 • 683 Ratings

🗓️ 28 February 2021

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Senior Market Insurance Distribution Leader. Top .01% producer for captive carrier, developed a successful team before starting retail agency on 6.1.08. Built over 12 years, sold for $1.5MM. Now product, service and consulting firm for producers and agencies. Marketing via IMOs as channel partners with direct sales force.

Transcript

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0:00.0	I poured a bunch of money into the tech platform with the development firm we've worked with.
0:03.6	How much is that?
0:04.7	To the dev company, probably 5,600K.
0:06.6	Oh, wow.
0:07.2	Okay, that's a lot.
0:09.9	You are listening to conversations with Nathan Latka.
0:14.0	Now, if you're hearing this, it means you're not currently on our subscriber feed.
0:18.4	To subscribe, go to getlatka.com.
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0:25.9	You'll get the full interviews.
0:27.9	Right now, you're only hearing partial interviews.
0:30.8	And you'll get interviews three weeks earlier
0:33.7	from founders, thinkers, and people I find interesting.
0:39.9	Like Eric Wan, 18 months before he took Zoom public.
0:41.9	We got to grow faster. Minimum is 100% over the past several years. Or bootstrap
0:47.3	founders like Vivek of Question Pro. When I start the company, it was not cool to raise.
0:51.8	Or Looker's CEO Frank Bean before Google acquired his company for
0:55.8	$2.6 billion.
0:57.8	We want to see a real pervasive data
0:59.7	culture and then the rest flows behind
1:01.8	that. If you'd like to subscribe,
1:04.3	go to gitlatka.com.
	...

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