SPI 917: We Sold Our Company… Here’s What No One Tells You (with Caleb Wojcik)
The Smart Passive Income Online Business and Blogging Podcast
Pat Flynn
4.8 • 3.8K Ratings
🗓️ 4 March 2026
⏱️ 29 minutes
🧾️ Download transcript
Summary
#917 What does it feel like to let go of a business you love, one you started with a close friend? Is selling the right move when you know your focus has shifted? In this episode, we'll share a behind-the-scenes look at an especially meaningful exit. I’m joined by my friend, SPI CEO, and business partner Caleb Wojcik as we officially announce the sale of SwitchPod. That's right, the time has come to get out of the physical product space. Caleb and I share the exact circumstances that informed our decision as we look back at how and why we created a camera tripod in the first place. From rough prototypes and flying out to China to crowdfunding success and beyond, we'll share everything leading up to the big sale. If you've ever considered getting into physical products or want to prepare your business for a potential acquisition, don't miss this bittersweet session! Show notes and more at SmartPassiveIncome.com/session917.
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Transcript
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| 1:30.3 | So, Pat, we sold SwitchPod. Yeah, we sell Switchpods every day, new customers on Amazon. No, I don't mean like Shopify orders. I mean like we sold all of SwitchPod. Oh, that. Yeah, let's talk about that. Let's talk about that. How's that for a hook? But yes, just to cut to the chase, Caleb and I sold SwitchPod. |
| 1:33.9 | And if you don't know what SwitchPod is, it is a tripod slash invention. |
| 1:36.0 | I mean, we even had the patents to this thing. |
| 1:39.5 | It was a journey that started in 2017. |
| 1:42.9 | And it is now 2026. |
| 1:46.2 | And we can officially say we've sold SwitchPod. |
| 1:48.3 | I mean, this is your first business you've sold, Caleb? |
| 1:49.6 | Yeah, I've never sold them before. |
| 1:54.5 | Never sold a majority stake like this and stayed on as advisors like we're going to at all. |
| 1:54.7 | Yeah. |
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