BOSSY

Money Moves: Book Deals, Business Partnerships, Buying Houses & Getting Acquired

Oct 19, 2023

Tara & Katie discuss business risk-taking and empire-building, from LVMH to the Kardashian empire. They explore business acquisition strategies and delve into Katie's secured book deal. The podcast also touches on tax strategies and home buying tips, making for an insightful and entertaining exchange between the two entrepreneurs.

01:05:22

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Episode notes

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Quick takeaways

Entrepreneurs can learn from strategic partnerships and acquisitions of LVMH and the Kardashians.

Understanding financial valuation and deal structures are crucial in business partnerships and acquisitions.

Securing a book deal involves a negotiation process focusing on advances, royalties, and long-term career development.

Deep dives

Strategic Entrepreneurial Deals: Lessons from LVMH and the Kardashians

Entrepreneurs can learn from business empires like LVMH and the Kardashians through strategic partnerships and acquisitions. LVMH's Bernard Arnault focused on expanding his luxury empire by acquiring companies with shared audience demographics, while the Kardashians leveraged their influence to build a diverse brand portfolio. Small business owners can apply these insights by starting with partnerships to test collaborations and expanding into strategic acquisitions through platforms like acquire.com.

Introduction

3min

Exploring Risk Tolerance and Empire-Building in Business

19min

Venture Evolution: From Blog Post to App Development Workshop Growth

2min

Navigating Partnerships, Acquisitions, and Mergers in Business

6min

Business Negotiations, Acquisitions, and Deal Modes

2min

Navigating the World of Book Deals and Publishing

17min

Home Buying Strategies and Negotiation Tips

7min

Strategic Tax Planning in Business Acquisitions

9min

Katie and Tara jump-start this week's episode clowning Tara’s nine-hour-per-week Monopoly obsession; however, Tara reminds us that it's not a game when it teaches her how to play Monopoly with other businesses in real life. This convo takes us into the realm of business risk-taking, prompting Katie to rate her own daring spirit, playfully discussing the sometimes sleazy feeling associated with deal-making.

Then, Tara and Katie go head to head breaking down and defending their favorite massive empires to watch, from LVMH (Louis Vuitton, Moet, Hennessy), with its incredible journey from a bankrupt textile company in the '80s to a staggering $400 billion empire to Katie’s admiration for the Kardashian empire and their ability to be “famous for being famous.” The hosts explore various business acquisition strategies, delve into Katie’s amazing secured book deal, and even touch on tax strategies. Join this insightful and entertaining exchange between two brilliant entrepreneurs.

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