5 • 2K Ratings
🗓️ 9 September 2024
⏱️ 36 minutes
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0:00.0 | Before we get into the exit today, I want to talk about the certified M&A advisors that are on Flippa. |
0:06.2 | If you are an operator right now, running a business and you're thinking about exiting, you're going to want to get a free online business valuation on the exit |
0:15.7 | landing page without a doubt it is the smartest thing you can do to start a process and |
0:20.9 | get yourself organized so you're going to go to the |
0:24.0 | URL FLIPA.com slash exit to check out more and let's jump into the interview. |
0:28.6 | Hello and welcome to the exit presented by FLIPA, the number one platform to buy and sell online businesses. |
0:34.8 | Flipa manages over a billion in deal value annually and combines expert buy and sell side |
0:40.7 | advisory with its market leading valuation tool, |
0:43.1 | Deal Room, Off Market Offering, |
0:45.2 | Market Insights, an AI-based deal-by-deal matching engine. |
0:49.6 | Now for the exit. |
0:50.9 | The exit is a 30 minute podcast featuring awesome entrepreneurs who have been there |
0:54.4 | and they have done it. The exit talks to operators who have bought and sold businesses of |
0:59.1 | all different sizes. You learn how they did it, why they did it, and get exposure to the world of |
1:03.8 | exits. It's a world occupied by a small few but accessible to many. On this |
1:08.8 | episode of the exit I sit down with Paul Shustak. He's a fantastic entrepreneur and we walk through some of the crazy stories that he has from his exit. |
1:19.0 | And my favorite part of this entire interview was when he talks about how the deal was all the way |
1:25.1 | to the finish line and all of a sudden he figures out that part of their platform |
1:30.5 | was using a piece of technology that was licensed. |
1:34.0 | And this is such a key finding that could potentially sabotage a deal |
1:40.0 | because it's licensed to your company, not the acquiring company and it could mean that the thing needs to be reworked and everything. |
1:48.0 | So his CTO brought it to him and it was just chaos. |
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