They Got Acquired

CFO Lauren Colson tells us how founders can clean up their financials so buyers trust the numbers. Plus, our new course, The Exit Playbook , is live! Many founders think their books are in good shape — until a buyer starts asking questions. In this interview episode, you’ll learn: How buyers evaluate financials during diligence Common bookkeeping mistakes that raise red flags How to clean up finan...

We’ve interviewed nearly 300 founders, and the same challenge keeps surfacing as the most demanding part of selling a business. Here’s what they wish they’d known sooner. What you’ll learn: What buyers really look for once the LOI is signed Why this phase can unexpectedly impact revenue How founders can delegate and prepare before entering this stage Steps sellers take to make the process smoother...

Two days before closing the sale of her business, a founder called me in a panic. She wasn’t sure if she should take the deal — or walk away. Here's what I shared with her: • How to compare a “low” multiple with unusually strong deal terms • Why all-cash offers are rare — especially for agencies • When running a full process can increase price • Why overthinking can cause founders to miss great de...

Improving your business for an eventual sale doesn’t just affect your future valuation — it also makes your business easier to run right now.  In this episode, we share a story about a founder who set out to make her company more appealing to buyers — and ended up enjoying her business more than ever. By delegating key responsibilities, trimming unnecessary expenses, and increasing profit, she exp...

Most founders underestimate this single metric — and it can dramatically change your exit. Understand this now, and it can be a powerful lever when you go to sell. What you’ll learn: • The surprising variable buyers care about most • Why two identical businesses can get wildly different offers • The counterintuitive timing mistake founders often make • How your growth curve influences your valuati...

Host Lexi Grant reflects on a conversation with two co-founders who were well positioned for a sale.  Their business hit every mark that buyers look for — from profitability to growth — and Lexi shares exactly what made them stand out. Whether you’re thinking about selling soon or just want to build a stronger business, these four factors can help you increase value and create more options for you...

What happens when a buyer emails you out of the blue? Not all offers are what they seem.  Learn how to spot legit interest, protect your time, and maximize your leverage when inbound offers roll in. What you’ll learn: The two types of buyer outreach—and how to tell them apart What to do (and not do) when you’re not ready to sell How to turn real inbound interest into an amazing deal Why running a...

It’s a question we hear all the time: “Is my business sellable?” In most cases, the answer is yes. But there are a few factors that can make selling your company harder than it should be or even impossible. In this episode of They Got Acquired, Lexi shares the four biggest reasons a company might be unsellable, and how to correct them before you’re ready to exit. What you'll learn: Why profit matt...

How do you know when it’s the right time to sell your business? The answer might surprise you. Lexi Grant breaks down the three real factors that determine when to sell — and why waiting for perfect market timing could actually cost you. What you'll learn: The surprising truth about market timing, and why it’s overrated How burnout can quietly destroy your sale value How your business’s performanc...

They Got Acquired is back! In this new season, host Lexi Grant shares insider insights every founder should know before selling a business. After years of studying M&A and publishing nearly 300 acquisition stories, Lexi breaks down what really works — and what doesn’t — when it comes to selling your company. What you'll learn this season: How to start preparing your business for a future sale Comm...

We’re launching something new at They Got Acquired — and we’re back with a short bonus episode to tell you about it. We usually focus on stories of other entrepreneurs and how they're building their businesses. But today, we explain what we're working on. To see the reports we reference in this episode, visit: http://TheyGotAcquired.com/reports For more stories like this, subscribe to our newslett...

From a young age, Donald Spann wanted to become an entrepreneur because he wanted two simple things: time freedom and financial stability. Thanks to an over seven-figure exit from Vicky Virtual Receptionists, he achieved this goal. But getting there was full of twists and turns. Listen to learn how a random Reddit thread, a cleaning business and a spinoff company led to this life-changing sale. Fo...

Like so many founders, Lauren Gaggioli had been heads down in her Higher Scores Test Prep business for so long, she didn’t realize how valuable it was. She wanted to know: was this course business sellable? In this episode, you’ll learn how Lauren leveraged her podcast, consistent passive income, SEO traffic, list size, and course offerings to exit for $180,000. For more stories like this one, sig...

How far can seven hours a week take your business? For Anna Maste and Marianne Edwards, it led to a seven-figure deal that funded Marianne’s retirement. Learn how this mother-daughter duo bootstrapped a membership site for RVers called Boondockers Welcome — and along the way, redefined what entrepreneurship can look like. For more stories like this one, sign up for newsletter: https://TheyGotAcqui...

Sam Parr catapulted to celebrity status within the startup world when he sold a daily newsletter called The Hustle for a reported 8 figures. But how did this down-to-earth guy with no previous media experience build such a valuable company? This episode breaks down that story. You’ll hear exactly how Sam Parr went from being a scrappy college kid with a hot dog stand to one of the leading voices i...

Is there a right time to sell your business? This was what Jon Hainstock and his co-founder, Ben Bartling, had to figure out when they were planning their exit from ZoomShift. Learn how they chose the right moment to agree to a 7-figure deal — and how they approached building one of the top small business scheduling softwares on the market. For more stories like this one, sign up for newsletter: h...

Lexi Grant didn’t start her first or second business with the goal of selling them one day. She was just doing what she does best: bootstrapping content companies from the ground up. But thanks to an acquihire that thrust her career forward, and a six-figure exit from a side project called The Write Life, Lexi knows just how meaningful an acquisition can be. Learn about her journey through both bu...

The marketing software ReferralHero wouldn’t exist if Manuel Frigerio hadn’t built his previous startup — one that ultimately failed. But thanks to Manuel’s ability to listen to customers’ needs and pivot at the right moment, he built ReferralHero and sold it for 6 figures. Learn how Manuel used each business he built to springboard to his next big opportunity. For more stories like this, sign up...

Laura Roeder didn’t use a broker, M&A advisor, or marketplace to sell the social media scheduling tool, MeetEdgar. She found her buyer the same way she’d found success throughout her career: with a gutsy cold pitch. Learn how she and her husband, Chris Williams, built and sold the platform for seven figures — and how they did it without sacrificing all their time to the business.   For more storie...

Take a sneak peek at our They Got Acquired podcast with this Season 1 trailer. Host Lexi Grant takes you behind the scenes of companies that sell for 6, 7 or low-8 figures — the kinds of exits that don’t usually get splashy headlines but can be life-changing for founders. For more stories like this one, sign up for newsletter: https://TheyGotAcquired.com/newsletter