Mastering the Art of Exiting with Jon Carson

The Exit - Presented By Flippa

Technology

5.0 • 420 Ratings

🗓️ 25 July 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on the Exit: meet Jon Carson. He is a multi-exit education entrepreneur, with 30 years of experience starting, scaling and exiting businesses. With four multi-million exits under his belt — from a beer keg delivery service in college to a consulting firm, all the way to exiting the largest education website on the internet in the nineties — Jon has plenty to teach us all. Listen to get inspired for your next exit. Jons’ current company, College Guidance Network, is a digital media company focused on building a comprehensive live, interactive, and on-demand content platform that delivers virtual college and career guidance that is intimate, interactive, and scalable (MasterClass for College and Career Guidance). LinkedIn - https://www.linkedin.com/in/jon-carson-19230/ Website - https://www.collegeguidancenetwork.com/ Website - https://www.biddingforgood.com/auction/biddingforgood.action The Exit Meetups - https://flippa.com/the-exit-meetups/ -- 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 the world's largest marketplace to buy and sell online businesses and startups
0:06.2	The Exit is a 30-minute podcast featuring amazing entrepreneurs who have been there and they have done it
0:11.3	The Exit talks to operators who have bought and sold businesses of all different sizes
0:15.2	You'll learn how they did it why they did it and get exposure to the world of Exits
0:19.7	It's a world occupied by a small few but accessible to many now in this episode
0:24.7	I sit down with John Carson and this one is a doozy
0:30.0	We start talking about his initial exit and after a few minutes
0:34.3	We talk about how he got from his senior year of exiting a company where they were delivering kegs the different fraternities
0:42.5	Leading up to a quarter billion dollar exit to Pearson
0:48.3	They were the largest company that was working on education
0:52.5	website in the 90s and
0:55.3	And this became a 300 person company and he took that through the exit with
1:01.2	Pearson and just a really fascinating story of going through a quarter billion dollar acquisition
1:07.9	In 2000 and that was an all cash transaction from what it was what we were talking about
1:14.8	22 times revenue and just a really great
1:19.1	story about how he went through that and
1:22.3	Going through to his next exit of bidding for good as the CEO there
1:27.5	He exited that three times revenue and then you know currently he's doing college guidance network
1:34.4	Which I believe is a very powerful business to be helping the guidance counselors at different
1:42.3	High schools and universities. I think that this is a problem that a lot of people
1:46.6	Need to be focusing on and it's really cool to see someone actually charging in and trying to address
1:52.7	The problem of helping guidance counselors. So without further ado. This is a great episode
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