Episode
#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
51:06
Published: Fri Feb 12 2021
Description
Sam Parr (@TheSamParr), Shaan Puri (@ShaanVP) and Kieran Flanagan (@searchbrat) discuss: - Crafting the perfect cold email to catch Sam's attention. - The grueling process of selling a company and how to do it right - The best advice on how to negotiate correctly (silence is your friend). - How the D.E.N.N.I.S system can help you sell a company. - Why every deal needs a "deal dual". - What it feels like to be rich? Today's episode is brought to you by FOCUSAID. It’s the #1 and first nootropic drink in America that’s sold over 100m cans. For 30% off your first order, go to DrinkFocusAid.com. Check it out! Have you joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Editing thanks to Jonathan Gallegos (@jjonthan) See acast.com/privacy for privacy and opt-out information.
Chapters
A new employee discusses the challenges of adjusting to a professional work environment and the need for guidance from experienced colleagues.
00:00 - 02:24 (02:24)
Summary
A new employee discusses the challenges of adjusting to a professional work environment and the need for guidance from experienced colleagues.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The co-founder of Robinhood, Vlad Tenev, discusses the company's strategy behind acquiring media companies like Snacks and The Hustle, and how it fits into their overall business model.
02:24 - 06:19 (03:55)
Summary
The co-founder of Robinhood, Vlad Tenev, discusses the company's strategy behind acquiring media companies like Snacks and The Hustle, and how it fits into their overall business model.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
In this podcast, the speaker discusses the process of pitching companies for acquisition, emphasizing the importance of approaching it as a beneficial partnership and highlighting the need to sell the idea of the acquisition to the company being pitched.
06:19 - 13:27 (07:08)
Summary
In this podcast, the speaker discusses the process of pitching companies for acquisition, emphasizing the importance of approaching it as a beneficial partnership and highlighting the need to sell the idea of the acquisition to the company being pitched.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The speaker describes the acquisition process, including the vetting that happens and the more personal relationship building that occurs once people get to know each other.
13:27 - 19:15 (05:47)
Summary
The speaker describes the acquisition process, including the vetting that happens and the more personal relationship building that occurs once people get to know each other. There is a focus on the due diligence aspect of the acquisition, which involves digging into the business and its data.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The speaker discusses the importance of legal support for entrepreneurs, highlighting that every deal is unique with specific context that may not apply to other situations.
19:15 - 21:37 (02:21)
Summary
The speaker discusses the importance of legal support for entrepreneurs, highlighting that every deal is unique with specific context that may not apply to other situations.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The speaker shares a negotiation tactic of playing the good guy by downplaying the importance of price, and how he believed it would be appreciated for its straightforwardness.
21:37 - 23:34 (01:57)
Summary
The speaker shares a negotiation tactic of playing the good guy by downplaying the importance of price, and how he believed it would be appreciated for its straightforwardness.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The speaker recommends understanding the buyer's intentions, knowing if they are talking to other similar companies, and building a strong rapport with the other executives to successfully sell a company.
23:34 - 29:00 (05:26)
Summary
The speaker recommends understanding the buyer's intentions, knowing if they are talking to other similar companies, and building a strong rapport with the other executives to successfully sell a company.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The concept of freedom evolves from wanting the freedom to pursue desires to wanting freedom from obligations such as debt, healthcare, or a full-time job, as wealth grows.
29:00 - 33:59 (04:58)
Summary
The concept of freedom evolves from wanting the freedom to pursue desires to wanting freedom from obligations such as debt, healthcare, or a full-time job, as wealth grows. Money can't buy some things like a sense of purpose or direction.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The fear of not being able to find your identity can be a daunting and stressful process, especially when trying to start a successful career.
33:59 - 37:08 (03:09)
Summary
The fear of not being able to find your identity can be a daunting and stressful process, especially when trying to start a successful career.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
HubSpot intends to become the leading destination for entrepreneurs, startups, and scaleups while continuing to produce their successful podcast, which serves as a hub for executives and loyal listeners.
37:08 - 40:55 (03:46)
Summary
HubSpot intends to become the leading destination for entrepreneurs, startups, and scaleups while continuing to produce their successful podcast, which serves as a hub for executives and loyal listeners.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The speaker reflects on missed opportunities and lessons learned when starting his own company, emphasizing the importance of having clear goals and avoiding the trap of staying too small in one's thinking.
40:55 - 45:04 (04:09)
Summary
The speaker reflects on missed opportunities and lessons learned when starting his own company, emphasizing the importance of having clear goals and avoiding the trap of staying too small in one's thinking.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
The speaker argues against the trading window policy in Amazon for the employees, stating that it implies their lack of importance and that he has been educated about the process which is no longer company policy but SEC laws.
45:04 - 49:05 (04:01)
Summary
The speaker argues against the trading window policy in Amazon for the employees, stating that it implies their lack of importance and that he has been educated about the process which is no longer company policy but SEC laws.
Episode#153 - Selling The Hustle for Millions: How The Hustle & Hubspot Deal Happened
PodcastMy First Million
Sam Harris speaks with Karen Semone and Sean Fanning about the process behind mergers and acquisitions.
49:05 - 49:59 (00:53)
Summary
Sam Harris speaks with Karen Semone and Sean Fanning about the process behind mergers and acquisitions. They share their experiences and provide useful advice to business owners looking to go through the process.