Chapter
Scaling Business Ventures
42:24 - 48:12 (05:47)
The process of scaling business ventures can involve opening up new locations, experimenting with different markets, spinning up private equity firms or collaborating with other entrepreneurs.
Clips
The speaker suggests structuring multiple LLCs in a way that enables tweaking and improving the business model without affecting the overall entity.
42:24 - 45:58 (03:33)
Business growth
Summary
The speaker suggests structuring multiple LLCs in a way that enables tweaking and improving the business model without affecting the overall entity. This allows the creation of separate entities that could thrive in different markets and helps in business growth.
ChapterScaling Business Ventures
Episode#98 with Ryan Begelman - How to Bootstrap Buying a Mountain
PodcastMy First Million
If you're good at running a certain business but want to venture into unfamiliar territory, consider creating a separate company for it.
45:58 - 48:12 (02:13)
Business Growth
Summary
If you're good at running a certain business but want to venture into unfamiliar territory, consider creating a separate company for it. This allows you to tap into your audience and offer a new product or service under a different name.