We Got a $20m Offer... and Strategies for Building an Exitable Business l Ep 261

In this episode of Bullish, Bridger Pennington shares the story of receiving a $20 million offer for his company. He reflects on the journey of building his business from an idea in a basement to reaching a million dollars in revenue within six months. Bridger emphasizes the importance of building a company that is exit-able, regardless of whether or not an exit actually happens. He also encourages listeners to rate, review, and share the show to help more people understand the entrepreneurial game.

Bullish is a podcast where we talk the journey and process to build ourselves and companies into multi-billion people and brands. Host Bridger Pennington is the founder of multiple businesses and investment funds that have done 10s of millions in revenue. A lifelong entrepreneur, this is the documentation of his journey to scale to the billion-dollar realm. All while giving back and do good in the world.

Time Stamps:

[00:00:23] Scaling to a billion dollars.

[00:03:02] Taking the Right Deal

[00:05:18] Continuity and Future Revenue Projections.

[00:08:12] SAS companies and big multiples.

[00:11:17] Building an exit-able company.

[00:13:24] Building recurring revenue for valuation.

[00:16:29] Exiting funds and companies.