INTERVIEW: Chris Lee - I Knew I Could Run Faster With Incredible People
The 10 Minute Entrepreneur
Sean Castrina
4.8 • 308 Ratings
🗓️ 4 October 2023
⏱️ 16 minutes
🧾️ Download transcript
Summary
Chris is a serial entrepreneur with not one but TWO nine-figure exits under his belt. He currently runs "The Founder Podcast" in addition to his companies and also hosts masterminds for other entrepreneurs.
solgenpower.com
purelightpower.com
social: @chrisleeqb
Transcript
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| 0:00.0 | I'm excited about today's interview. I have somebody who's exited two companies in |
| 0:16.2 | the last 18 months for nine figures. Yeah, that's nine figures. Probably a lot more than |
| 0:20.4 | you're doing. Maybe even more than you're thinking. It's a founder of Soljin Power, Pure |
| 0:24.5 | Light Power. It's a founder of the founder podcast. I have Chris Lee with me today. Chris, |
| 0:29.2 | great to have you on the podcast. Great to be here. Appreciate it. All right. So, you know, |
| 0:33.8 | the it's a hard lift to exit anything, you know, above seven figures. Heck, I'd say it's, you |
| 0:40.1 | know, for a lot of people it's hard to exit a seven figure. Yeah, it is. It's hard. I think it's |
| 0:45.0 | just hard to exit a business in general. Exactly. I was going to say, so you, you know, you, |
| 0:49.4 | you've married two beauty queens according to this bio. I just gave you. So what do you think? |
| 0:55.4 | I'm going to get into why you're an entrepreneur and all that. But when I introduce anybody who's |
| 0:58.6 | exited because we do, it is hard to exit. It's hard. Now, I will say some businesses have high |
| 1:04.4 | valuations right now. And I think it's going to come to bite some buyers in a rear end. |
| 1:08.2 | But I'm not going to go down that rabbit. I'm not going to go down that rabbit hole right now. |
| 1:12.1 | So what do you think this the secret was to your two exits? The type of business you had or, |
| 1:19.5 | or was it, you know, there's a lot of reasons why people want to buy a company. What do you think |
| 1:24.0 | the strength was? Because you sold it pretty, you know, pretty good, good money and two of them, |
| 1:29.4 | you know, within 18 months. Yeah, I mean, I think two things. One is building an extraordinary |
| 1:37.3 | culture. For us, culture was everything. It was by design from the very beginning. We were |
| 1:43.0 | building this thing to be able to sell as well. Just good, clean business, clean books, clean |
| 1:48.4 | operations, and then an incredible sales force, right? And so building a sales force that was |
| 1:57.6 | unique, they had unique marketing strategies that really kind of be replicated. And so, |
| 2:03.9 | you know, those were probably the two most important things in building some for exit. |
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