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The $100 MBA Show

MBA2143 Extended Interview: Patrick Campbell – Building & Selling a $200 Million Business

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 26 September 2022

⏱️ 74 minutes

🧾️ Download transcript

Summary

Create it. Grow it. Cash out. That’s the goal of many entrepreneurs: to build a business that’ll sell for enough money to fund whatever comes next — even if nothing comes next, business-wise.

Transcript

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0:17.5

Heyo! Welcome to the $100 MBA Show helping you build a better business every single day with her daily 10 minute business lessons for the real world. I'm your host, your coach, your teacher, Omar Zenhome.

0:20.5

I'm also the co-founder of Webinar Ninja, an independent software company I started

0:24.4

with my co-founder back in 2014.

0:27.0

In today's episode is a special extended interview episode.

0:31.1

Every once in a while we like to sit down with an incredible

0:34.6

mind with an incredible entrepreneur and learn from their journey starting and

0:38.6

growing a business. Today we have a very very special episode. I sat down with Patrick Campbell.

0:45.2

Patrick is the founder of Profitwell who Bootstrap his business all the way to

0:49.8

acquisition sold it to paddle for $200 million.

0:54.5

Patrick recently sold the business,

0:56.1

and I wanted to sit down with him to learn about his journey,

0:59.7

how he became the person that can build a business like this that's worth $200 million, some of the

1:06.0

challenges he had along the way, and what were the deciding factors to sell his business?

1:11.6

And what does it mean for him now after it's all said and done.

1:16.0

There's so much I got from this conversation.

1:18.8

I can't wait for us to dive in so let's get into it.

1:21.8

Let's get down to business. I've known of Patrick

1:25.0

Campbell for about five years now but I've gotten to know him personally as a

1:28.7

friend for the last three years or so. We actually worked together briefly. He helped us out with our own pricing at Webinar Ninja because Patrick is the pricing expert in the SAS world. But in today's episode, I find out how did he become that expert?

1:44.0

How did he grow profit well in the first place and was able to leverage his

1:49.2

freemium model of offering the software, the main metric software for free and building a business with

1:55.2

services and other features behind that.

...

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