5 Things Founders Often Misunderstand about Exiting Their Business
Tropical MBA: Entrepreneurship & Founder Lifestyle
English - June 15, 2023 12:00 - 45 minutes - 62.4 MB - ★★★★★ - 435 ratingsEntrepreneurship Business Management entrepreneurship million business founder founders business owner operator profits ecommerce cash flow Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Some bootstrapped entrepreneurs are fortunate enough to exit their businesses for life-changing money, but that’s not always the case. Today Dan talks to Einar Vollset, about the key mistakes founders often make when exiting their business.
Einar is the Founder and Managing Partner of Discretion Capital, a Partner at TinySeed, and YCombinator alumni. In his experience, he says that many bootstrapped and startup founders alike often have blindspots that prevent them from having the best exit possible.
“In some cases, bootstrappers end up with basically a stagnating business and one of the main mistakes you can do in terms of m&a is to wait and just let your business stagnate because it really hurts the value of the asset that you have.”
Stick around til the end when Einar shares the 5 things founders often get wrong when exiting their business.
Some bootstrapped entrepreneurs are fortunate enough to exit their businesses for life-changing money, but that’s not always the case. Today Dan talks to Einar Vollset, about the key mistakes founders often make when exiting their business.
Einar is the Founder and Managing Partner of Discretion Capital, a Partner at TinySeed, and YCombinator alumni. In his experience, he says that many bootstrapped and startup founders alike often have blindspots that prevent them from having the best exit possible.
“In some cases, bootstrappers end up with basically a stagnating business and one of the main mistakes you can do in terms of m&a is to wait and just let your business stagnate because it really hurts the value of the asset that you have.”
Stick around til the end when Einar shares the 5 things founders often get wrong when exiting their business.