Build with Leila Hormozi
Lessons From Selling My Businesses for $50Million At 29 | Ep 81
17 Oct 2023
“It's a commitment to the process.” Today, Leila (@LeilaHormozi) shares the lessons she learned from selling three businesses in the last year, the process of selling a business and the valuable insights she gained from the experience.Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.Timestamps:(2:07) Knowing what you're selling.(3:08) Strategic vs Financial Buyers.(6:37) Dilution clauses and voting rights.(7:01) Anti-dilution and voting rights.(10:14) Non-compete agreements.(12:53) Planning post-sale vacation challenges.(16:38) Don't major in the minors.(18:31) Uncertainty during company sale.(22:36) Understanding a banker-led sale.(23:40) Using a banker for selling your businessFollow Leila Hormozi’s Socials:LinkedIn | Instagram | YouTube | Twitter | Acquisition
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