Great stuff, this is a very practical and common sense overview on what to expect. If you’re going to try to pull something like this off, one other thing, I would add is, if you hate running your business and you’re exhausted that’s a tough place to start when trying to sell your business because you’re going to have to fall back in love with it again, if you’re going to get a deal done
If you want practice doing this and don't own a business, post your vehicle for sale but before you do that, perform market research on your cars value in your area etc. You will have dozens of dealerships, private car buyers and other people contact you about selling your car and they will all try and tell you it's actual value and why it's worth that. The multiple negotiations you have with multiple people at one time will probably help you familiarize yourself with how you'd sell an entry level startup etc.
@@ProphetVictorJesusIsKing I would but hey you're using the letter eye in MilIion so nice try. Calling out the @myfirstmillionpod police on the fake account.
These are totally worth doing! I want to know more about a) How to think about brand building from scratch - not the ideal stuff but the on the ground tactical advice around posting content on platforms etc. How much should you be working on something - anything before you realize it's not working and head for the exit door?
Not surprisingly, there’s a lot of similarities in tactics if you’re an outside salesperson trying to sell a widget to a larger company. You need that advocate whether an engineer or a buyer that you can shmooze a little to get your foot in the door and on the radar of the real decisionmakers
Concentrated GOLD Shaan!! (not sure on how chemistry of that works, but ya get me). Up there with your pitch deck class as my fav of your 'educations'. Wish I'd heard this at my last exit, might have doubled the price... The only advice I'd add is more emphasis on the whole 'BATNA' thing, i.e. if you're approached by a buyer, and don't end up with the ideal multiple-buyers-competing situation, get yourself truly COMFORTABLE with what you'll do if you don't sell, even if that is continuing to grow the business yourself. Don't get too emotionally attached to doing a deal, and you'll handle negotiation with much more confidence, calm, and success.
Hey this was great. I think you had a lot of relevant things to share - even for founders beginning to think about starting a company. Such great advice to nurture relationships and keep people up to date on what you're doing. Keep em coming!
👍, this format for evergreen content is great. It's adds a lot of value particularly for something like this you might only do a few times in a career.
Hey Shaan, these are great. Please keep them coming. It is fun to hear about other entrepreneurs but it is even better to learn from them and to learn from you in this way. As a startup, I would love to see more of this kind of content!
Hey how are you, wondering if you could make a pod for people who want to start a small side hustle, not a large massive business which requires skill and large amounts of knowledge. For example buy and sell watches/shoes, pressure washing, car detailing, app creation. Like how to start, marketing, process, making protect ect. Hope you see this 😊
Thanks! The word "synergies" is often thrown around when talking about M&A. Is there some best practice on how to break down the PMI process in a way that helps your sales pitch?
Yeah this solidifies that I made the mistake of starting an almost unsellable business in college and continuing to pursue and grow it up until present day. I am in the low 6 figures of profit but I don't know how to potentially exit or even if I can. Lesson learned
Just want to personally thank you. This video was highly educational. I own a company that is worth about 10 to 20 million dollars and trying to figure out how to go vertical. Is there anyway to talk with you about it? - Sean Christopher
things like - get your data room ready. - Cap table spreadsheet - all legal agreements into folders - make sure books are accurate and up to date - etc.
I have an AI startup with 75k+ users on the platform but it is getting hard to monetize. And I’ve got so many new ideas that I want to work on, so thinking of selling it. But still confused that should I even sell 😔
Shaan: I didn’t even look at the presentation before this. Also Shaan: I changed the logo and added my second exit. Nevertheless: thanks for the great masterclass!
Hey! You both keep talking about wanting more TH-cam views, but honestly, I don't think many people will make the switch. I'm totally into the pod, but I hardly ever listen to it at home. I've listened to tons of podcasts, and I almost never bother watching the video version. On the rare occasion I do watch a podcast, it's usually one where there are multiple hosts chilling together in the same room. Other than that, I think most people will just stick to their usual routines and habits. Cheers!
Twitch is owned by Amazon. Depending on the audience, I say it one way or the other. Twitch is the real answer, but then again, the payout had amazon stock so ... who knows
Shaan is a great story teller and provides a lot of value but he massages the Bebo story to give himself more credit. He was hired as PM by an eccentric billionaire who got bored and handed over the ceo duties. The “startup” had an unlimited budget
![ประสบการณ์ จ้าง Developer ที่ผมจะไม่มีวันลืม [ภาค1]](http://i.ytimg.com/vi/bzivN4KDg-k/mqdefault.jpg)
Shaan the postman - always delivers
🫡
the postman needs to deliver the business plan episode
Lol..love how Shaan makes it clear that he didn't prep for the masterclass...fantastic stuff from that big brain😊
Great stuff, this is a very practical and common sense overview on what to expect. If you’re going to try to pull something like this off, one other thing, I would add is, if you hate running your business and you’re exhausted that’s a tough place to start when trying to sell your business because you’re going to have to fall back in love with it again, if you’re going to get a deal done
If you want practice doing this and don't own a business, post your vehicle for sale but before you do that, perform market research on your cars value in your area etc. You will have dozens of dealerships, private car buyers and other people contact you about selling your car and they will all try and tell you it's actual value and why it's worth that. The multiple negotiations you have with multiple people at one time will probably help you familiarize yourself with how you'd sell an entry level startup etc.
@@ProphetVictorJesusIsKing I would but hey you're using the letter eye in MilIion so nice try. Calling out the @myfirstmillionpod police on the fake account.
These are totally worth doing! I want to know more about a) How to think about brand building from scratch - not the ideal stuff but the on the ground tactical advice around posting content on platforms etc. How much should you be working on something - anything before you realize it's not working and head for the exit door?
No Small Boy Stuff! Love it!
I'm from Brazil and here is even more hard to find some content like this. Thank you Shaan!
Got it... DENNIS.
More please. I see the views aren't that great compared to your other videos, but for me, this is the best content
That's just great, Shaan! Thank yoU!
Great information, could watch these all day
Absolute must listen for every founder on the planet, whether they are selling or being bought!👏
You've provided more value for me in my M&A journey than any other channel. Thank you Subbed
If this doesn’t get to a million views something is wrong. Thank you and well done.
Not surprisingly, there’s a lot of similarities in tactics if you’re an outside salesperson trying to sell a widget to a larger company. You need that advocate whether an engineer or a buyer that you can shmooze a little to get your foot in the door and on the radar of the real decisionmakers
Brilliant Shaan, really appreciate the master classes and your straight forward delivery.
Thanks Shan..really enjoyed and learned a lot.
Concentrated GOLD Shaan!! (not sure on how chemistry of that works, but ya get me). Up there with your pitch deck class as my fav of your 'educations'. Wish I'd heard this at my last exit, might have doubled the price...
The only advice I'd add is more emphasis on the whole 'BATNA' thing, i.e. if you're approached by a buyer, and don't end up with the ideal multiple-buyers-competing situation, get yourself truly COMFORTABLE with what you'll do if you don't sell, even if that is continuing to grow the business yourself. Don't get too emotionally attached to doing a deal, and you'll handle negotiation with much more confidence, calm, and success.
A rare gem! Thank you! Please build a small boy library of content like this, S!!!
Hey this was great. I think you had a lot of relevant things to share - even for founders beginning to think about starting a company. Such great advice to nurture relationships and keep people up to date on what you're doing. Keep em coming!
You over here using the Dennis system I love it 😂👏🏻
👍, this format for evergreen content is great. It's adds a lot of value particularly for something like this you might only do a few times in a career.
Definitely do more
This is value my man
Love these, thanks Shaan
Shaan thank you for the excellent pod.
Ya love em - do more
Shaan with the sweet M&A masterclass Puree ;)
Man this was really great content! Thank you for the information, it was very needed !
Hey Shaan, these are great. Please keep them coming. It is fun to hear about other entrepreneurs but it is even better to learn from them and to learn from you in this way. As a startup, I would love to see more of this kind of content!
You got it
This is great Shaan! Thank you for sharing!
I liked the drafting of the announcement to share where your mind is at regarding the fitness of acquisition.
Thanks Shaan, there indeed is not enough of this type of super practical content with a focus on the exit process. More masterclasses please.
Super helpful, now back to work :)
🤔
unbelievable presentation and timely. thank you
Amazing episode! I would love to see an example of the deal memos mentioned in the “do the work for them” portion of this class.
Great content as always!!!
This was great Shaan! Per usual!
Thank you for making this video guide!
Yes do more, thank you
Masterclass beautifully done
Great No BS summary of the process- thank you
Incredible absolutely worth it
Amazing! Thank you!
More master classes please. The market of people looking for real entrepreneur advice is massive [look at how fast hormozi grew by giving real advice]
love it love it love it. You made it sound so clear and easy
glad you liked it
Awesome video. Value stack Shaan
Saving this for when I’m ready to sell my company, thank you 🙏🙏🙏
you got this 🫡
I clicked this as soon as I seen it haha. Thank you Shaan !
I love this Web... inar.
Great stuff as always, even if you don't prepare. Thank you, sir!
I love the “one choice is no choice”
Thanks 😊
yep love these
Thank you shann! time to run ads to a few CEOs keywords
I really appreciate all the information you guys are sharing. Excellent podcast! Bravo and cheers to you both!!
Thank you for sharing your experience.
Great ❤
I’m going to write these tips down and share with others and credit you for it
RBLX, U, TSLA, MSFT, and AI will double by one year 🚀🚀🚀
@@ProphetVictorJesusIsKing I couldn’t find a number
This are great!
Hey how are you, wondering if you could make a pod for people who want to start a small side hustle, not a large massive business which requires skill and large amounts of knowledge.
For example buy and sell watches/shoes, pressure washing, car detailing, app creation. Like how to start, marketing, process, making protect ect. Hope you see this 😊
Thanks! The word "synergies" is often thrown around when talking about M&A. Is there some best practice on how to break down the PMI process in a way that helps your sales pitch?
@@ProphetVictorJesusIsKing tried calling. Why is JCal on your answering machine
Love it shaan. More masterclasses please
Amazing!
Love Shaun
Very clear.
You're making a bigger impact than you realize, thank you.
This is was valuable, thank you for sharing!
great Shaan please a session on raising capital or fund raising
Love this thank you
Love it
Awesome content thank you for sharing! Would enjoy a followup on figuring out pricing specifically when it’s a strategic acquisition.
pricing is a whole 'nother ball game
Yeah this solidifies that I made the mistake of starting an almost unsellable business in college and continuing to pursue and grow it up until present day. I am in the low 6 figures of profit but I don't know how to potentially exit or even if I can. Lesson learned
MORE LIKE THIS PLEASE
Excellent Thank you being kindly sharing the information
Shann, Got to call you B-52.... Dropping knowledge bombs.
*incoming*
Thanks a lot Shaan for sharing such a valuable information 🙏
my pleasure
Great info!!!
Very helpful
Thank you..can u please do how to evaluate if an idea will amount to something big or it's not gonna work and it's time to pivot?
Your timing for this is impeccable. A day later would have been too little too late for our team. You da man, man.👏
Just want to personally thank you. This video was highly educational. I own a company that is worth about 10 to 20 million dollars and trying to figure out how to go vertical. Is there anyway to talk with you about it? - Sean Christopher
a man of the people
🫡
Great great lessons!
thanks miguel
Would have been cool if you have elaborated on getting your ducks in a row, what specifically?
things like - get your data room ready.
- Cap table spreadsheet
- all legal agreements into folders
- make sure books are accurate and up to date
- etc.
Thank you⚡️
I have an AI startup with 75k+ users on the platform but it is getting hard to monetize. And I’ve got so many new ideas that I want to work on, so thinking of selling it. But still confused that should I even sell 😔
Great intro 😂😂😂😂😂
How do you actually get connected to the companies? Is it just cold outreach?
Shaan: I didn’t even look at the presentation before this.
Also Shaan: I changed the logo and added my second exit.
Nevertheless: thanks for the great masterclass!
true, I changed the logos
🔥
Hey! You both keep talking about wanting more TH-cam views, but honestly, I don't think many people will make the switch. I'm totally into the pod, but I hardly ever listen to it at home. I've listened to tons of podcasts, and I almost never bother watching the video version. On the rare occasion I do watch a podcast, it's usually one where there are multiple hosts chilling together in the same room. Other than that, I think most people will just stick to their usual routines and habits. Cheers!
that's fair, some people won't. Then again, we added like 150,000 subscribers since we started mentioning it. So that's something
Shaan, you need to roast Jason for his arrogance. Show your teeth otherwise you look weak.
i’m developing an app that will worth billions of dollars but I don’t know how to find investors to sell to
This video is not showing in my subscription tab. Are others facing this problem too?
unplug your youtube app and try again
shaan why does it say accquired by amazon instead of twitch?
Twitch is owned by Amazon. Depending on the audience, I say it one way or the other. Twitch is the real answer, but then again, the payout had amazon stock so ... who knows
10:38 How does one find a deal doula? How much do they cost?
usually when you're running a business, you meet people who have done it before. Then when it's time to sell, you reach out and ask them for advice
Shaan is a great story teller and provides a lot of value but he massages the Bebo story to give himself more credit. He was hired as PM by an eccentric billionaire who got bored and handed over the ceo duties. The “startup” had an unlimited budget
yea, I just got lucky and people hand me millions of dollars 😂
Pink Pop Tarts!
Way too surface level
If you mention previous masterclass, please add link to old video too 🙏🏼🥸