Brandon Dawson: 9-Figure Founder Reveals the Real Reason Businesses Stop Scaling | Entrepreneurship | YAPClassic
episode
Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast
1h 20m
2 speakers
4 chapters
transcribed 2 months ago
Transcript
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97% of businesses fail out of 34 million, and most of them stay at 3 million or less. If the business is gonna grow and scale, the person in charge of the business must grow and scale.
Brandon Dawson is the co-founder and CEO of Cardone Ventures with Grant Cardone, and he's a serial entrepreneur who's built not one, but multiple companies into nine-figure successes.
I went and raised my first million. I made 100 presentations. I was laughed out of most of them. I bought my first business. I had no idea what I was doing between 26, 27.
You ended up selling your next company for a lot of money, like 77 EBITDA. Why do you think you were able to sell it for so much?
Bootstrap your company, be in control of it, and learn to force the company to make money. And if the company doesn't make money...
There's sort of like a bottleneck or a plateau at three to five million that a lot of businesses hit. How do people get over this?
You shouldn't be trying to push your business by spending more money and by hiring more people and by buying more assets. You should be trying
Hey, young and profiters, there's a big difference between growing a business and actually scaling one. Because sometimes what looks like growth is really just more people, more expenses, more stress, and a founder still carrying the whole business on their back. Today's Yap Classic is about what it really takes to stop chasing growth blindly. and start building a business that can actually scale. We're bringing back my conversation with the brilliant Brandon Dawson, the co-founder and CEO of Cardone Ventures. Brandon went from being voted least likely to succeed in high school to building a multiple nine-figure company and selling one for over $150 million. And in this episode, he shows us why your business will only grow as far as you do as a leader.
So lock in, Yap fam. If you're ready to 10X your leadership, your money, and your mindset, it's time to think bigger with Brandon Dawson. Brandon, welcome to Young and Profiting Podcast.
Yeah, thank you for having me on your show.
Yeah, I'm super excited for this conversation. And today you are a scaling expert. You know, you've scaled multiple companies to over $100 million. You're the CEO of Cardone Ventures. But when I was doing research, I found out that in high school, you were actually voted least likely to succeed, which is really surprising considering how far you've gone in life. You're probably the most successful person that has come out of your high school. So talk to me about how that happened and, you know, what kind of a chip that put on your shoulder as you kind of grew up.
Yeah, you know, it's interesting. I don't think school has any determination on who somebody is ultimately going to become. And the one thing I was in school is I was very competitive in sports.
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Chapters
4 chapters
1
What is the main topic discussed in this episode?
0:00–6:03
2
How did Brandon Dawson go from small-town athlete to taking a company public at 29?
6:03–29:28
3
What lessons did Brandon learn from his first exit and being sold out from under him?
29:28–1:04:31
4
When should entrepreneurs choose bootstrapping over VC or private equity funding?
1:04:31–1:20:18
Speakers
2 identifiedMore from Young and Profiting (YAP) with Hala Taha: Entrepreneurship and Self-Improvement Podcast
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