John Warrillow
Built to Sell Radio
Built to Sell Radio is a weekly podcast for business owners interested in selling a business. Each week, we ask an entrepreneur who has recently sold a business why they decided to sell their business, what they did right and what mistakes they made through the process of exiting their business. Built to Sell Radio is the ultimate insider's guide to approaching the most important financial transaction of your life.
Where to listen?
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Episodes
Ep 260 Stephen V. Smith - The 50% Bump 06.11.2020 1:06:04
Stephen V. Smith built WordSouth, a marketing communication agency to 30 employees before a rare condition landed him in the Intensive Care Unit of his local hospital for seven weeks. Close to death, Smith gathered his team and began the heart-wrenching process of delegating his business's critical pieces to trusted employees. Little did he know at the time, that decision would be an essential ele...
Ep 260 Stephen V. Smith - The 50% Bump 06.11.2020 1:06:04
Stephen V. Smith built WordSouth, a marketing communication agency to 30 employees before a rare condition landed him in the Intensive Care Unit of his local hospital for seven weeks. Close to death, Smith gathered his team and began the heart-wrenching process of delegating his business's critical pieces to trusted employees. Little did he know at the time, that decision would be an essential ele...
Ep 259 Nathan Hirsch - How to Handle an Acquisition Offer from a Customer 30.10.2020 59:56
In 2015, Nathan Hirsch and his partner started FreeUp.com, an online marketplace of virtual assistants. Four years later, Hirsch and his partner were billing more than $12 million when they received an acquisition offer from a customer they couldn't refuse.
Ep 258 Adam Torres - The Freedom Point 23.10.2020 53:38
In 2001, Adam Torres started Team Dynamix, a software used by colleges and universities to keep their IT department organized.
Ep 257 David Jondreau - How to Double Your Take From a Sale Without Being a Jerk 16.10.2020 48:19
David Jondreau built American Sign Language, a company that supplied interpreters on contract, to $2 million in annual revenue when he decided it was time to sell.
Ep 256 Tom Farinacci II - When The Hunter Becomes The Hunted 09.10.2020 49:24
Tom Farinacci built Houston Green Leaf up to 35 employees when he solid it to Grounds Control, a national landscaping company, for around four times EBITDA.
Ep 256 Tom Farinacci II - When The Hunter Becomes The Hunted 09.10.2020 49:24
Tom Farinacci built Houston Green Leaf up to 35 employees when he solid it to Grounds Control, a national landscaping company, for around four times EBITDA.
Ep 255 Kim Walsh-Phillips: Shark Tank's Kevin O'Leary on How to Structure Your Earn-out 02.10.2020 39:59
Kim Walsh-Phillips founded Elite Digital Group, a marketing agency for clients looking to leverage social media. Walsh-Phillips built her firm to $3.2 million in revenue, but she got stuck when she reached 30 clients.
Ep 255 Kim Walsh-Phillips: Shark Tank's Kevin O'Leary on How to Structure Your Earn-out 02.10.2020 39:59
Kim Walsh-Phillips founded Elite Digital Group, a marketing agency for clients looking to leverage social media. Walsh-Phillips built her firm to $3.2 million in revenue, but she got stuck when she reached 30 clients.
Ep 255 Kim Walsh-Phillips: Shark Tank's Kevin O'Leary on How to Structure Your Earn-out 02.10.2020 39:59
Kim Walsh-Phillips founded Elite Digital Group, a marketing agency for clients looking to leverage social media. Walsh-Phillips built her firm to $3.2 million in revenue, but she got stuck when she reached 30 clients.
Ep 254 Gary Nealon – How To Quadruple An Offer For Your Business 25.09.2020 41:04
Gary Nealon started selling ready-to-assemble kitchen cabinets under the RTA Cabinet Store brand. It was around the time HGTV was taking off on a steady diet of home improvement shows. Nealon was contacted by one of the show's producers who had a last-minute request for a shoot where they needed kitchen cabinets. Nealon scrambled his team and delivered.
Ep 253 Peter Carlin - How to Punch Above Your Weight Class With Acquirers 18.09.2020 52:41
Peter Carlin started Logicearth to improve how companies teach their employees online. They built e-learning courses that were almost as good as being there in person. They caught the attention of a marketing agency called The Creative Engagement Group (TCEG), which had clients that needed online courses.
Ep 252 Alex Rink - How to Sell Your Business To A Competitor 11.09.2020 1:02:24
Alex Rink built 360pi, a software application that provided online retailers with competitive pricing information. 360pi grew into a multi-million-dollar company with 40 employees when Rink began hearing his business might be worth as much as 3-6 times revenue.
Ep 251 Jonathan Evans - Sociopaths & Imposters: How To Sell Your Baby To A Giant 04.09.2020 1:01:09
Jonathan Evans was an air ambulance helicopter pilot when he started to think about how drones could safely navigate the sky around him. Commercial pilots had rules of the sky, but there were no guidelines for drones despite companies from Amazon to Walmart beginning to experiment with using drones.
Ep 250 - What 250 Owners Have to Say About Selling Your Business 28.08.2020 41:35
It's a big week at Built to Sell Radio as we celebrate our 250th episode. That's 250 entrepreneurs, founders, CEOs, and owners who have shared their stories and their time over the last 5 years. To mark the event, Built to Sell Radio's producer, Shawn McDonald, takes over the mic to highlight insights from some of the most talked-about, most popular, and most memorable episodes from the course of...
Ep 249 Aric Bandy - 9 Lessons From An Acquisition Offer Gone Wrong 21.08.2020 1:17:48
Back in 2007, Aric Bandy saw Google investing heavily to compete with Amazon Web Services (AWS) and so decided to pivot his company, Agosto. Instead of offering general IT consulting, Bandy focused on helping clients move their businesses online using something Alphabet calls the Google Cloud Platform.
Ep 248 David Yaffe - 5 Lessons from growing a startup to a 9-figure exit in 2 years 14.08.2020 52:04
David Yaffe was working at Google when he spotted an opportunity to connect advertisers with smaller publishers competing for online advertising dollars. He and two friends started Arbor, raised more than $2 million in seed capital and built a prototype. Two years later, Arbor had grown to 25 employees when LiveRamp acquired them for more than $100 million.
Built to Sell: Intel 07.08.2020 57:46
The format for Built to Sell Radio typically features our host, John Warrillow, interviewing an owner who has recently sold their business. This week, we're going to try something different. Today's episode features John's analysis of four of the exits we've featured on the show. John will break down his key takeaways and transferable lessons.
Ep 247 Matt Schmeltz - Turning a $2M Business Into a 9-figure Windfall in 3 Years 31.07.2020 52:49
When Matt Schmeltz and his partners acquired CloudCraze, it was a simple software application helping businesses that use Salesforce.com manage their customer relationships. CloudCraze generated $2 million in annual recurring revenue, but Schmeltz & Co. figured it could do much more.
Ep 246 Ashok Vasudevan - Exit Like a Tycoon Without Losing Your Soul 24.07.2020 1:25:58
In 1995, with just $5,000 in start-up capital, Ashok Vasudevan launched Tasty Bite offering ready-to-eat Indian entrees to American consumers. Twenty-five years later, Tasty Bite is America's largest brand of prepared Indian food sold everywhere, from Walmart to Whole Foods. In 2017, Vasudevan announced he had sold the company to Mars, which has a portfolio of beloved brands including everything f...
Ep 245 Peter Demangos - The Tech Start-Up vs. The Bootstrap Lifestyle 17.07.2020 1:01:29
Peter Demangos has started two businesses in the Human Resources sector. One was a bootstrapped insurance brokerage where they sold employee benefits programs to large clients. The other was an HR software company called Collage, where Demangos and his co-founders raised $3.5 million of investment capital and sold three years later for $15 million.
Ep 244 Debbie King - 3 Ways to Untangle Yourself from Your Business 10.07.2020 55:14
Debbie King was running on a treadmill so familiar to service company owners. Her company, Association Analytics, helped associations make sense of their member data, and she was wasting time on proposals that often did not get accepted. Then, when King did win a project, she was creating a custom solution for every job that required her to hire senior-level staff and personally get involved in cl...
Ep 243 Lee Gregory - The 8 Figure Trigger 03.07.2020 41:37
Lee Gregory built Sir Lines-A-Lot, a company that paints lines on highways, to 40 employees. It was blue-collar work, so when Gregory learned his company could be worth north of eight figures, he decided it was time to sell. During this interview, Gregory
Ep 242 Josh Davis - Walking Away from an 8 Figure Exit 26.06.2020 54:04
Josh Davis started Spirit of Women, a marketing agency selling content about women's health to hospitals. Davis built the company up to almost $10 million in annual revenue when he kicked off a process to sell it, which he hoped would garner an offer of a
Ep 241 David Lekach- The Backstory Behind Dream Water's $34.5M Exit 19.06.2020 1:28:47
David Lekach started Dream Water; a natural sleep aid bottled in a 5 oz shot similar to the famous 5-Hour Energy Drink. Lekach built Dream Water up to almost $10 million in annual revenue before selling it to Harvest One, a cannabis company, for $34.5 million in cash and Harvest One stock.
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