Chapter
The Value of Durability in Businesses
1:32:34 - 1:38:45 (06:11)
Businesses need to have both growth and durability to be considered a good buy for those who plan on holding on to them for a long time. Selling businesses based on growth expectations that require a lot of things to go right can be problematic for those who are looking to sell.
Clips
The speaker highlights the opportunities for recurring revenue in outsourcing IT work to lower cost locales for better customer service and responsiveness.
1:32:34 - 1:34:25 (01:51)
Summary
The speaker highlights the opportunities for recurring revenue in outsourcing IT work to lower cost locales for better customer service and responsiveness.
ChapterThe Value of Durability in Businesses
Episode#105 with Avlok Kohli and Xavier Helgesen - Leading AngelList Ventures and Buying Businesses Like Berkshire Hathaway
PodcastMy First Million
Durability in a business is crucial for long term success along with growth, and finding a balance between them is the key to buy and hold strategy.
1:34:26 - 1:37:26 (03:00)
Summary
Durability in a business is crucial for long term success along with growth, and finding a balance between them is the key to buy and hold strategy. Some businesses are sold based on growth expectations, but it requires a lot of factors to work together for success, unless you have a moat in place for organic SEO, a strong email list, or a recurring revenue customer base.
ChapterThe Value of Durability in Businesses
Episode#105 with Avlok Kohli and Xavier Helgesen - Leading AngelList Ventures and Buying Businesses Like Berkshire Hathaway
PodcastMy First Million
The speaker contemplates the existence of a bubble in the current public equity markets and discusses the appeal of SPACs as a way of going public.
1:37:26 - 1:38:45 (01:18)
Summary
The speaker contemplates the existence of a bubble in the current public equity markets and discusses the appeal of SPACs as a way of going public.