How2Exit: Buy, Don't Build - M&A of Small Businesses E151: Della Kirkman, CPA interviews Alexis Grant, Insights on Building and Selling Online Businesses
Oct 16, 2023
44:17
"This episode was brought to you by Reconciled.com. Helping M&A Entrepreneurs just like you with Bookkeeping, CFO & Controller Services, Outsourced Enterprise Accounting and Tax Services. Reconciled.com"
About The Guest Host: Della Kirkman, CPA In less than 10 years, she went from a single mom serving tables at Cracker Barrel, to buying her first business, growing it, and selling it to achieve a level of wealth and independence she had only dreamed about.
Della is the publisher of the Shift-N-Gears.com bi-weekly newsletter, designed to help people buy, grow, and sell small businesses. The free newsletter is part of a larger, developing educational platform encouraging women to pursue their dreams of entrepreneurship through acquisition, buying a profitable business that can support their lifestyle, rather than the hard, risky path of the startup.
Ride along here- https://www.shift-n-gears.com/newsletter Download her free due diligence tool here- https://www.shift-n-gears.com/the-art-of-financial-due-diligence
About The Guest(s): Alexis Grant is the founder of They Got Acquired, a media brand that focuses on covering acquisitions in the six, seven, and low eight-figure range. She is a former journalist and has built several successful media companies throughout her career. β
Summary: Alexis Grant, founder of They Got Acquired, shares her journey from journalism to entrepreneurship and her experience with selling her own businesses. She discusses the challenges and lessons she learned along the way and how she is now leveraging those lessons to help other founders navigate the world of acquisitions. Alexis also talks about the database she is building to track and analyze acquisitions and monetization plans for her media brand. β
Key Takeaways:
Contact Alexis on
Linkedin: https://www.linkedin.com/in/alexisgrant/
Newsletter: https://theygotacquired.com/newsletter
--------------------------------------------------
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.
About The Guest Host: Della Kirkman, CPA In less than 10 years, she went from a single mom serving tables at Cracker Barrel, to buying her first business, growing it, and selling it to achieve a level of wealth and independence she had only dreamed about.
Della is the publisher of the Shift-N-Gears.com bi-weekly newsletter, designed to help people buy, grow, and sell small businesses. The free newsletter is part of a larger, developing educational platform encouraging women to pursue their dreams of entrepreneurship through acquisition, buying a profitable business that can support their lifestyle, rather than the hard, risky path of the startup.
Ride along here- https://www.shift-n-gears.com/newsletter Download her free due diligence tool here- https://www.shift-n-gears.com/the-art-of-financial-due-diligence
About The Guest(s): Alexis Grant is the founder of They Got Acquired, a media brand that focuses on covering acquisitions in the six, seven, and low eight-figure range. She is a former journalist and has built several successful media companies throughout her career. β
Summary: Alexis Grant, founder of They Got Acquired, shares her journey from journalism to entrepreneurship and her experience with selling her own businesses. She discusses the challenges and lessons she learned along the way and how she is now leveraging those lessons to help other founders navigate the world of acquisitions. Alexis also talks about the database she is building to track and analyze acquisitions and monetization plans for her media brand. β
Key Takeaways:
- Alexis recognized that starting her own business allowed her to have autonomy and make decisions on her own terms.
- She transitioned from journalism to entrepreneurship by taking on freelance clients and eventually starting her own content marketing agency.
- Alexis's agency was acquired by a media brand called The Penny Hoarder, where she worked in-house and helped grow the content for the brand.
- She sold her own content site, The Write Life, through an asset sale and realized the importance of building equity in her own assets.
- Alexis started They Got Acquired to fill the gap in coverage of smaller acquisitions and to provide resources and information for founders looking to sell their businesses.
- The database she is building will allow users to access information on past acquisitions, including deal size, revenue, and industry, to help inform their own buying or selling decisions.
Contact Alexis on
Linkedin: https://www.linkedin.com/in/alexisgrant/
Newsletter: https://theygotacquired.com/newsletter
--------------------------------------------------
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.