How2Exit: Buy, Don't Build - M&A of Small Businesses E240: Build, Scale, Exit: This is How Jeff Durso Did It. From .com to Inc 500
Aug 21, 2024
53:42
About the Guest(s):
Jeff Durso is a seasoned entrepreneur and startup veteran who has successfully founded and exited multiple companies. Graduating during the dawn of the .com era, Jeff has navigated the tech and startup world, creating notable companies like destinationweddings.com. Jeff’s expertise lies in understanding and executing product-market fit, leading innovative marketing strategies, and driving startups from inception to successful exits. Additionally, he hosts the "Founder Breakthroughs" podcast, where he dives into the entrepreneurial journeys of various founders.
Summary:
In this episode of the How2Exit podcast, host Ronald Skelton interviews Jeff Durso, an experienced entrepreneur with a background in startups and exits. Jeff shares his journey from the .com era to founding and selling companies like destinationweddings.com. He discusses the importance of product-market fit, the challenges of securing venture capital, and the lessons learned in product distribution and marketing. Jeff’s insights on being a market leader and the need for flexibility make this episode essential for aspiring entrepreneurs.
Key Takeaways: *The Importance of Product-Market Fit (PMF): Jeff emphasizes that successfully identifying and iterating for PMF is crucial to turning a good idea into a great company. *Strategic Timing and Distribution: Early mastery of marketing channels like Google Adwords played a massive role in the growth of destinationweddings.com. *Role of Minimal Viable Product (MVP): Starting with an MVP allows founders to make necessary adjustments based on real user feedback, ensuring the product meets market needs. *Navigating VC Investments: Understanding and navigating the venture capital landscape can be challenging, highlighting the difference between investor interest and actual financial commitment. *Continuous Learning and Adaptation: Jeff’s journey underscores the importance of remaining flexible and open to change, constantly seeking to refine and improve business strategies.
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Contact Jeff on
Linkedin: https://www.linkedin.com/in/jeffdurso/
Website: http://www.destinationweddings.com/dw/site/main/inc500_press_release.asp
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How2Exit Joins IT ExchangeNet's Channel Partner Network!
Have an IT Company doing between $5M and $30M You may Sell?
The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host 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 we’ll respond within one business day. Everything is kept confidential.
https://www.itexchangenet.com/marketplace-how2exit
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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💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
►Visit Our Website: https://www.how2exit.com/
📧For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨
👇🏻SUBSCRIBE HERE
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𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?
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📱Stay Tuned On Our Social Media :
» Linkedin - https://www.linkedin.com/in/ronskelton/
» Twitter - https://twitter.com/ronaldskelton
» Facebook - https://www.facebook.com/How2Exit
» Newsletter - http://deeper.how2exit.com/
🎬SUGGESTED VIDEOS
Don't forget to watch 📽 Our other videos. Please check them out :
▶️Previous Episode:
▶️E135: Sam Rosati On His Journey From Being A Lawyer To Becoming An Entrepreneur In The ETA Space - https://youtu.be/D2qJOidptRA
▶️E100: CEO Of Flippa Blake Hutchison Discusses Innovations In Buying And Selling Digital Assets - https://youtu.be/R1D5guQU9Z0
#How2Exit # # 💖Thanks for watching! 💖
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.
Jeff Durso is a seasoned entrepreneur and startup veteran who has successfully founded and exited multiple companies. Graduating during the dawn of the .com era, Jeff has navigated the tech and startup world, creating notable companies like destinationweddings.com. Jeff’s expertise lies in understanding and executing product-market fit, leading innovative marketing strategies, and driving startups from inception to successful exits. Additionally, he hosts the "Founder Breakthroughs" podcast, where he dives into the entrepreneurial journeys of various founders.
Summary:
In this episode of the How2Exit podcast, host Ronald Skelton interviews Jeff Durso, an experienced entrepreneur with a background in startups and exits. Jeff shares his journey from the .com era to founding and selling companies like destinationweddings.com. He discusses the importance of product-market fit, the challenges of securing venture capital, and the lessons learned in product distribution and marketing. Jeff’s insights on being a market leader and the need for flexibility make this episode essential for aspiring entrepreneurs.
Key Takeaways: *The Importance of Product-Market Fit (PMF): Jeff emphasizes that successfully identifying and iterating for PMF is crucial to turning a good idea into a great company. *Strategic Timing and Distribution: Early mastery of marketing channels like Google Adwords played a massive role in the growth of destinationweddings.com. *Role of Minimal Viable Product (MVP): Starting with an MVP allows founders to make necessary adjustments based on real user feedback, ensuring the product meets market needs. *Navigating VC Investments: Understanding and navigating the venture capital landscape can be challenging, highlighting the difference between investor interest and actual financial commitment. *Continuous Learning and Adaptation: Jeff’s journey underscores the importance of remaining flexible and open to change, constantly seeking to refine and improve business strategies.
--------------------------------------------------
Contact Jeff on
Linkedin: https://www.linkedin.com/in/jeffdurso/
Website: http://www.destinationweddings.com/dw/site/main/inc500_press_release.asp
--------------------------------------------------
How2Exit Joins IT ExchangeNet's Channel Partner Network!
Have an IT Company doing between $5M and $30M You may Sell?
The IT ExchangeNet M&A Marketplace @Ronald Skelton - How2Exit Host 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 we’ll respond within one business day. Everything is kept confidential.
https://www.itexchangenet.com/marketplace-how2exit
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.
--------------------------------------------------
💰If you’d like additional ways to support this podcast, you can become a paid subscriber here: https://how2exit.substack.com/
►Visit Our Website: https://www.how2exit.com/
📧For Business Inquiries: Me@4sale2sold.com
Don't Forget to SUBSCRIBE to the How2Exit channel and press (🔔) to join the Notification Squad and stay updated with new uploads.✨
👇🏻SUBSCRIBE HERE
https://www.youtube.com/channel/UC_ONnhwaKSTPFt2nOxKoXXQ?sub_confirmation=1
𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...?
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
👍 Like the video (it helps a ton!)
💬 Comment below to share your opinion!
🔗 Share the video with anyone you think might help :) ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📱Stay Tuned On Our Social Media :
» Linkedin - https://www.linkedin.com/in/ronskelton/
» Twitter - https://twitter.com/ronaldskelton
» Facebook - https://www.facebook.com/How2Exit
» Newsletter - http://deeper.how2exit.com/
🎬SUGGESTED VIDEOS
Don't forget to watch 📽 Our other videos. Please check them out :
▶️Previous Episode:
▶️E135: Sam Rosati On His Journey From Being A Lawyer To Becoming An Entrepreneur In The ETA Space - https://youtu.be/D2qJOidptRA
▶️E100: CEO Of Flippa Blake Hutchison Discusses Innovations In Buying And Selling Digital Assets - https://youtu.be/R1D5guQU9Z0
#How2Exit # # 💖Thanks for watching! 💖
Become a supporter of this podcast: https://www.spreaker.com/podcast/how2exit-buy-don-t-build-m-a-of-small-businesses--4859429/support.