How2Exit: Buy, Don't Build - M&A of Small Businesses E203: Scaling to a Billion: Ross Turner on Raising Capital, Building High Performing Teams & More
Apr 10, 2024
01:03:15
Today's Primary Sponsor is Snowball - www.Snowballclub.com - A private community of entrepreneurial investors helping each other.
Watch Here: https://youtu.be/dpdRmtIoYo4
About the Guest(s): Ross Turner is a seasoned digital marketing expert with over 18 years of experience in the industry. He has a background in direct response marketing and has worked with various successful businesses, including a supplement company where he served as CEO. Ross is currently the co-founder of a project focused on acquiring and growing digital direct response e-commerce companies. He is known for his expertise in driving traffic, writing copy, and building high-performing teams.
Summary: In this episode, Ross Turner shares his journey from running a successful digital marketing business in the UK to partnering with industry experts in the US to build a billion-dollar enterprise valuation corporation. He discusses the challenges and successes he has encountered along the way, including raising capital, building a world-class advisory board, and navigating the complexities of mergers and acquisitions. Ross also highlights the importance of building rapport with people, being adaptable, and creating a positive company culture. He emphasizes the significance of women-owned businesses and the need for more female leaders in the industry.
Key Takeaways:
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Contact Ross on
Linkedin: https://www.linkedin.com/in/iamrosswhturner/
IG: https://www.instagram.com/iamrosswturner/
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How2Exit Joins IT ExchangeNet's Channel Partner Network!
-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton The
IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and weβll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value.
If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
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π°If youβd like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
βΊVisit Our Website: https://www.how2exit.com/
π§For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (π) to join the Notification Squad and stay updated with new uploads.β¨
ππ»SUBSCRIBE HERE
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Β» Newsletter - http://deeper.how2exit.com/
#How2Exit # # πThanks for watching! π
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
Watch Here: https://youtu.be/dpdRmtIoYo4
About the Guest(s): Ross Turner is a seasoned digital marketing expert with over 18 years of experience in the industry. He has a background in direct response marketing and has worked with various successful businesses, including a supplement company where he served as CEO. Ross is currently the co-founder of a project focused on acquiring and growing digital direct response e-commerce companies. He is known for his expertise in driving traffic, writing copy, and building high-performing teams.
Summary: In this episode, Ross Turner shares his journey from running a successful digital marketing business in the UK to partnering with industry experts in the US to build a billion-dollar enterprise valuation corporation. He discusses the challenges and successes he has encountered along the way, including raising capital, building a world-class advisory board, and navigating the complexities of mergers and acquisitions. Ross also highlights the importance of building rapport with people, being adaptable, and creating a positive company culture. He emphasizes the significance of women-owned businesses and the need for more female leaders in the industry.
Key Takeaways:
- Building rapport with people and having strong interpersonal skills are crucial for success in business.
- Women-owned businesses are thriving and have proven to be successful in various industries.
- Integrating acquired companies and maintaining a positive company culture are essential for long-term success.
- Being adaptable and open to change is necessary in the fast-paced world of mergers and acquisitions.
- Creating a diverse and inclusive team, including women in leadership positions, can drive growth and innovation.
--------------------------------------------------
Contact Ross on
Linkedin: https://www.linkedin.com/in/iamrosswhturner/
IG: https://www.instagram.com/iamrosswturner/
--------------------------------------------------
How2Exit Joins IT ExchangeNet's Channel Partner Network!
-Why IT ExchangeNet?
Since 1998, IT ExchangeNet has created $5 billion in value by selling more than 225 IT businesses in 20 countries. IT ExchangeNet works exclusively with IT-enabled businesses generating between $5M and $30M who are ready to be sold, and M&A decision-makers who are ready to buy. For over 25 years IT ExchangeNet has developed industry knowledge that helps them determine whether a seller is a good fit for their buyers before making a match.
"Out of all of the brokers I've met, this team has the most experience and I believe the best ability to get IT service businesses sold at the best price" - Ron Skelton The
IT ExchangeNet M&A Marketplace we partnered with has a proprietary database of 50,000+ global buyers seeking IT Services firms, MSPs, MSSPs, Software-as-a-Service platforms, and channel partners in the Microsoft, Oracle, ServiceNow, and Salesforce space.
If you are interested in learning more about the process and current market valuations, complete the contact form and weβll respond within one business day. Everything is kept confidential.
Are you interested in what your business may be worth? Unlock the value of your IT Services firm, visit https://www.itexchangenet.com/marketplace-how2exit and complete the contact form.
Our partnership with IT ExchangeNet focuses on deals above $5M in value.
If you are looking to buy or sell a tech business below the $5M mark, we recommend Flippa.
--------------------------------------------------
π°If youβd like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
βΊVisit Our Website: https://www.how2exit.com/
π§For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (π) to join the Notification Squad and stay updated with new uploads.β¨
ππ»SUBSCRIBE HERE
https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1
πππ§π ππ¨ π¬ππ π¦π¨π«π ππ¨π§πππ§π π₯π’π€π ππ‘π’π¬...?
β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬
π Like the video (it helps a ton!)
π¬ Comment below to share your opinion!
π Share the video with anyone you think might help :) β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬β¬
π±Stay Tuned On Our Social Media :
Β» Linkedin - https://www.linkedin.com/in/ronskelton/
Β» Twitter - https://twitter.com/ronaldskelton
Β» Facebook - https://www.facebook.com/How2Exit
Β» Newsletter - http://deeper.how2exit.com/
#How2Exit # # πThanks for watching! π
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.