Chapter
Building a Successful Business
19:51 - 27:14 (07:22)
The speaker reflects on the difficulties of building a business and how this made him realize he was an even scrappier entrepreneur than he thought. He also shares how a company wanted to acquire his business after learning about its success.
Clips
Most financial planning software is focused on building more wealth with little focus on cash-flow.
19:51 - 22:10 (02:19)
Summary
Most financial planning software is focused on building more wealth with little focus on cash-flow. There is a need for cash-flow based financial planning software for people who aren't already wealthy.
ChapterBuilding a Successful Business
Episode#79 with Alexa von Tobel - From Dropping Out of Business School to a $375M Exit
PodcastMy First Million
The speaker talks about their experience of building a profitable business and how they were surprised when they were approached to be acquired by another company.
22:10 - 25:21 (03:10)
Summary
The speaker talks about their experience of building a profitable business and how they were surprised when they were approached to be acquired by another company. They also mention how much fun selling shoes online would be.
ChapterBuilding a Successful Business
Episode#79 with Alexa von Tobel - From Dropping Out of Business School to a $375M Exit
PodcastMy First Million
The acquisition of a company depends on various factors like valuation and number of users.
25:22 - 27:14 (01:52)
Summary
The acquisition of a company depends on various factors like valuation and number of users. Northwestern Mutual acquired a company having 40 users a day due to its alignment with the company's mission and its potential impact on reaching more families faster.