How to Build Wealth by Founding Companies and Angel Investing with Jaclyn Johnson

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Money Rehab with Nicole Lapin 52 min 3 speakers 8 chapters transcribed
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What is Create & Cultivate and how did it start?

Tracy DiNunzio 3:25
Amazing. And I have heard you say, so we've known each other a long time from back when we were both in the trenches. And what I always remember is that when you were building Create and Cultivate, you said, I'm building it to sell it. And you don't hear that all the time. A lot of founders say, I just love my business. But you said you were building it to sell it. Why?
Jaclyn Johnson 3:43
I had sold my first company. So I had a company before Create and Cultivate. It was a marketing events and influencer agency. And I, again, when I started that company, I had no idea about selling companies. I had no idea that company would even be sellable. And so essentially when an offer came through to acquire that business, it was a whole new world for me. I was trying to figure out what does this look like? What is the financial piece of it? What's due diligence? So I was basically a masterclass in selling a company and kind of doing it on my own. And after I sold that company, I realized like, oh, this is how you make real money as a founder, obviously creating something that someone wants that's valuable to that person. So I got a taste for it.

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