23-Year-Old Exits Business for $500k with Luke Sheppard - #038

17/12/2024 44 min

Listen "23-Year-Old Exits Business for $500k with Luke Sheppard - #038"

Episode Synopsis

Luke got the idea for a niche reputation management company and ended up selling it for $500k 2 years later. Crazy ambitious!

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Chapters
00:00 Introduction and Background
02:38 Finding Opportunity in Saturated Markets
04:33 White-Labeling as a Testing Ground
08:03 Building a Profitable Sales Team
11:04 Focusing on Key Features for Success
13:59 Navigating the Challenges of Transitioning Customers
16:54 Scaling the Business with Talent and Efficient Processes
22:32 The Advantages of Selling a Business
23:12 Navigating the Exit Process
30:08 From Reputation Management to Remote Hiring
36:39 Simplifying Rent Collection for Landlords
43:32 The Importance of a Support System
44:20 tspp-intro-music_tspp_intro music.wav

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