In a recent discussion on The Exit podcast, Steve McGarry sat down with Tim Golas, Partner at Spurstone, an advisory firm specializing in navigating the complex intersection of business growth and personal wealth realization for entrepreneurs. Their dialogue...
“A business without an exit plan is a profitable hobby.” That is the stark reality for many entrepreneurs, according to Chris Hallberg, CEO of Business Sergeant and a seasoned leadership coach. For many founders, the thrill lies in the build, the late...
Most entrepreneurs believe that the path to a 9-figure exit involves grinding out 10% year-over-year growth, optimizing conversion rates, and slowly scaling operations. While organic growth is important, it is also the slow lane to wealth. In a recent interview, Tom...
Alexis Sikorsky went from near-bankruptcy during the 2008 crisis to selling his banking software company for an unheard-of 11x future EBITDA. Here is what he learned about the “grind,” dealing with Private Equity, and the expensive mistakes founders make...
When Jeffrey Gabriel sold a domain for $13 million in 2010, it wasn’t just a headline; it was a validation of the entire industry. It proved that “online real estate” could rival the value of physical property. But how do you actually value a domain...
In the world of buying and selling online businesses, the path is rarely a straight line. For Chelsea Jones, co-founder of Sunny Road, the journey involved a failed startup, a rapid COVID scale-up, a partner buyout during a health crisis, and a strategic merger in the...