
The Exit Plan Podcast
Cory Verner - The Business of Selling
Feb 27, 2024
Entrepreneur Cory shares his journey in audiobook industry, from cassette tapes to innovations. Topics include sustainable funding, niche focus, personal networks for investment, and impacts of early business exits. Also, the challenges and growth in entrepreneurship, leveraging investments from friends and family, and the importance of flexible and adaptable business strategies.
54:44
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Quick takeaways
- Proper timing and execution are crucial in achieving a successful business exit.
- Entrepreneurs should focus on niche markets and adapt to industry changes for success.
Deep dives
Challenges of Selling a Business Too Early
The speaker reflects on selling a business too early, highlighting the regret of not having a life-changing exit and being forced into the sale, leading to the need to start multiple businesses afterward. The story emphasizes the importance of proper timing and execution when exiting a business.
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