How One Millennial Built and Sold His Business for Seven Figures

January 09, 2018 00:47:50
How One Millennial Built and Sold His Business for Seven Figures
The Quiet Light Podcast
How One Millennial Built and Sold His Business for Seven Figures

Jan 09 2018 | 00:47:50

/

Show Notes

Available_Black copy
Available_Black copy
partner-share-lg
Available_Black copy
Google-play.png
deezer.png
radion-public.png
player-fm.png
tunein.png

A business can’t really be sold until the seller has all of their ducks in a row and is able to sell. Having everything done to prepare a business for selling can also make the transition easier and command a much larger price. If a business is built on your personal success, you have to remove yourself from the business and the process.

Daniel Fagella always knew that he was going to sell ScienceOfSkill.com, but it didn’t happen as quickly as he expected. After reaching out to us after just a few years in business, he learned that he would need to hang onto the business for a few more years and work to transition himself out of the business. After growing the business to over $2 million in annual revenue, Daniel worked with Jason Yelowitz to sell his business for seven figure acquisition. His deal closed early in 2017.

Episode Highlights:

Resources:

Other Episodes

Episode 0

October 03, 2019 00:39:26
Episode Cover

Incredible Exits: The Beard King (Part One) With Nicholas Galakovic

Today's guest set out to create a product to solve a problem in his bathroom sink, wound up with two utility patents, numerous copyrights...

Listen

Episode 0

May 26, 2020 00:41:41
Episode Cover

Writing Press Releases for Ecommerce Businesses with Norm Farrar

On today’s episode, we talk with return guest, Norm Farrar, about moving into the world of PR. Norm loves to create standard operating procedures...

Listen

Episode 0

December 11, 2018 00:30:33
Episode Cover

Screw the 4-Hour Work Week. Do This Instead.

Bill D'Alessandro believes that one of the most fulfilling things in life is working on hard things with smart people. The allure of the...

Listen