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Second Bite Podcast

Latest episodes

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Dec 16, 2021 • 51min

When Bad Things Happen to Good Entrepreneurs

Tonio DeSorrento is the Co-founder and Former CEO of Vemo Education, a platform that offers sustainable financing for higher education. Tonio served in the United States Marine Corps for six years after earning a bachelor's degree from the United States Naval Academy. After his service, he earned a J.D. from Georgetown University Law Center. Tonio later worked as an Adjunct Professor of Law at the Georgetown University Law Center and a Deputy General Counsel at SoFi, a financial services app. In this episode… Starting a new business isn’t cheap — so how do you raise the money to get your dream off the ground? How can you ensure that employees can continue providing for their families during the company’s early days? Former CEO and Co-founder of Vemo Education, Tonio DeSorrento, shares his story of raising capital for a new business. With host Todd Taskey, Tonio explains the process of finding investors, why a good lawyer is worth the price, and how he overcame multiple setbacks in the process of starting Vemo Education.
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Dec 9, 2021 • 35min

Creating a $50M Business with a Unique Second Bite

Hugh Campbell is the President of AC4S Technologies, a hybrid cloud solutions provider. He is also a Member of the Board of Trustees for the BayCare Health System and the Chairman of the Board for the CEO Council of Tampa Bay. Before starting AC4S Technologies, Hugh was the Vice President of Engineering for Accelacom Inc. and the Director of Engineering for Intermedia Communications. He spent 10 years on active duty as a Communications Officer in the US Army, culminating his service as the Chief of Plans for an elite communications unit at MacDill Air Force Base. In this episode… How can you ensure a smooth integration of two companies? What’s the best way to find the right leadership and technology? President of AC4S Technologies, Hugh Campbell, shares the story of exiting AC4S and starting AC4S Technologies. With host Todd Taskey, Hugh explains the structural details of the transaction, the challenges of merging businesses, and the ideal circumstances for an exit.
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Dec 2, 2021 • 42min

From Pokemon to $250M in Office Chairs: Lessons From the Incredible Entrepreneurial Journey of a High School Student

Sean Belnick is a Co-founder of Acadia, an integrated digital marketing platform. He is also the Founder of SB Hillview Ventures and a Board Member of Belnick, Inc. Sean has over two decades of experience in e-commerce and digital marketing as a business operator. He founded his first company, BizChair, in 2001 at the age of 14. Sean grew the company into one of the largest furniture distributors for online retailers, servicing hundreds of thousands of customers nationwide before a successful exit in 2017. In this episode… How can you grow your unique ideas into a thriving business? And once it’s built into a substantial company and you’re ready to move on, how can you make sure it’s left in good hands? Co-founder of Acadia, Sean Belnick, shares the story of his previous entrepreneurial success, BizChair. With host Todd Taskey, Sean explains the guiding principles that brought him success, how he managed a successful exit, and the future plans for his current company, Acadia.
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Nov 25, 2021 • 44min

Crash and Burn Lessons Create eCommerce Champion

Robert Wray is the Founder and Chief Product Officer at Whitebox, an e-commerce technology company. Robert helps clients sell products online by automating their e-commerce operations. Before Whitebox, Robert was the President and Co-founder of Mp3Car. He also served as the Community Actions Director for TED/TEDx Global Summit in 2012. In this episode… Are you feeling hopeless as you watch your business crumble around you? Is there any way to rebuild after what feels like a massive failure? Founder and Chief Product Officer at Whitebox, Robert Wray, talks about how the failure of one business led to the triumphant success of another. With host Todd Taskey, Robert discusses lessons he learned the hard way, why the team you surround yourself with is crucial, and how he’s created an e-commerce empire with Whitebox.
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Nov 18, 2021 • 35min

How to Structure an Earn Out and Avoid Big & Expensive Mistakes

Todd Taskey is an investment banker and M&A Advisor at Potomac Business Capital, a company focused on helping businesses with company evolution, exit planning, and M&A investing. Before joining Potomac, Todd was the Principal (Certified Financial Planner) at Solutions Planning Group, Inc. Todd is an Angel Investor for many companies including Zoomph, StreetShares, and LiveSafe. In this episode… What are the advantages and disadvantages of setting up an earn-out for your business acquisition? How can you make sure you don’t lose money in the process? Investment banker and M&A Advisor at Potomac Business Capital, Todd Taskey, talks about how to avoid the common pitfalls that can happen when structuring an earn-out. With Dr. Jeremy Weisz of Rise25, Todd discusses the criteria for a successful earn-out, tips for negotiating with a private equity firm, and the Waterfall principle of acquisition.
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Oct 21, 2021 • 41min

"Open Book Management:" The Key to Winning the Game of Business

Steve Baker is an author, speaker, and Vice President of The Great Game of Business, a management consulting firm that’s all about action. Steve spent over 20 years struggling to help company owners reach their goals without access to key business metrics. Learning the principles of this game we call business changed his work and inspired him to co-write the updated, best-selling book, The Great Game of Business.  In this episode… Are you losing money and morale among your employees? Are you constantly stressed because you’re the only one in your company dealing with your financial situation? Do you wish there was a way to spread the workload and boost transparency? Author, speaker, and Vice President of The Great Game of Business, Steve Baker, shares the revolutionary idea of open-book management. Steve sits down with host, Todd Taskey, to discuss why teaching your employees the fundamentals of business will boost their involvement and work ethic, how to begin implementing principles from the book, The Great Game of Business, and why a clear picture of your financial situation is essential during a transaction.
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Oct 14, 2021 • 31min

Understand and Profit from The Entrepreneur’s Paradox

Curtis Morley is an entrepreneur, thought leader, patent holder, and the Author of The Entrepreneur’s Paradox. Curtis has started five different companies, including his latest, The Entrepreneur’s Paradox, where he helps entrepreneurs take their business to the next level. Curtis has had 96 of the Fortune 100 as clients and earned multiple accolades, including Entrepreneur of the Year, 40-Under-40, and Inc. 500/5000.  In this episode… Are you tired of countless sleepless nights, waking up with keyboard imprints on your face? Does your life feel like all work and no results? Do you wish there was a better way to build a business? Entrepreneur and Author of The Entrepreneur's Paradox, Curtis Morley, shares his expertise for building startups successfully. Curtis sits down with host, Todd Taskey, to discuss the common challenges for entrepreneurs, how to give up control in order to grow your business, and the importance of maintaining focus on your company goals and culture.
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Oct 7, 2021 • 40min

From Entry Level Strategist to Company CEO to 2X Private Equity Success Story

Erin Cigich is the CEO of Perform[cb], a premier digital customer acquisition solution based in Florida. Erin has received numerous accolades throughout her career, including “40 Under 40” and “Business Woman of the Year” by Tampa Bay Business Journal and the Florida Women's Conference “Glass Ceiling Award.” With Perform[cb], Erin has cultivated a company that has received Florida Trend magazine’s “Best Florida Companies to Work For” for seven years in a row and mThink’s Blue Ribbon Panel’s “Best CPA Network” for five consecutive years. In this episode… Do you know what you need to do before you even start the process of selling your business? How can you differentiate between offers and find the best fit for the future of the company? CEO of Perform[cb], Erin Cigich, shares her expertise after two successful acquisitions with the same company. Erin sits down with host, Todd Taskey, to discuss her 15-year journey from an entry-level position to CEO, the best ways to involve your top executives during an exit, and how to figure out which offer is best for your company.
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Sep 30, 2021 • 45min

College Entrepreneur to Inc 500: Insights From A Seller Turned Buyer

Scott Bell is the CEO of High Level Marketing, a fully integrated agency dedicated to the growth of their clientele. Scott has more than ten years of digital marketing experience, outdoor and indoor media development, new product implementation, and team leadership. Throughout his career, he’s become an expert at driving growth and profits through the diversification of product lines, financial management, and strategic thinking. Before starting High Level Marketing, he was the CEO of Bell Media. In this episode… Are you thinking about selling your business but don’t know where to start? What are the most important aspects to prepare for in an acquisition? CEO of High Level Marketing, Scott Bell, gives an insider’s look at acquisition from both the buyer and seller perspective. Scott sits down with host, Todd Taskey, to discuss the process of selling his first business, what buyers look for in a business, and why he decided against partnering with a private equity firm.
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Sep 23, 2021 • 45min

Insider View of Private Equity for Family and Founder Businesses

Jamie Elias is a Partner at Trivest, one of the oldest private equity firms in the US. Jamie leads the firm’s non-control investment strategies through the Trivest Growth Investment Fund and manages transaction execution. He is also a member of Trivest’s Investment Committee and sits as a Chairman or Board Member at numerous Trivest companies, including GetixHealth and Northfield Industries.  In this episode… Do you know how to handle a merger or acquisition smoothly? What if there was a company that wanted to partner with you for a successful transaction — would you know what it takes? Partner at Trivest, Jamie Elias, shares exclusive details about private equity for family and founder businesses. Jamie sits down with host, Todd Taskey, to discuss what sets Trivest apart from other private equity firms, how their team grows companies for a successful merger or acquisition, and the secret to Trivest’s success. 

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