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We’ve all read stories and news articles about multi-million dollar businesses that have been sold and the ripple effects these acquisitions have on their respective industries.
But an exit doesn’t have to involve enormous sums of money to be meaningful.
When Alexis Grant realized that there were important acquisition stories going untold, she created They Got Acquired, a media agency seeking to redefine startup success by sharing the acquisition stories of underrepresented founders.
In this episode, Alexis joins us to discuss the inspiration behind They Got Acquired, and the ways in which she hopes to educate entrepreneurs who are preparing to sell their businesses. She also reveals the obstacles she faced building a media company from the ground up and how she has structured her business to provide value to her audience. According to Alexis,
“When building a media brand, the place that I always start from is creating really high-quality content. Think about how you can create something that's valuable, because if people don't want to read it, or listen to it, or consume it, then you're not really doing yourself or them a favor.”
Alexis also shares insights into her own acquisition stories, discussing the differences between an acqui-hire and an asset sale, and the lesson she learned from both experiences.
Whether you are a first-time seller or an experienced entrepreneur, this is an episode you don’t want to miss!
Topics Discussed in This Episode:Sit back, grab a coffee, and learn how to successfully navigate the acquisition process.