Listen to “#683 How to Sell Your Company for $100 Million” on Spreaker.
On this episode of The Small Business Radio Show…
SEGMENT 1 with Josh Landan, starting at 0:00: How do you stand out in a saturated industry and sell your company for $100 million? Josh Landan is here to share his story about how he started a craft brewing company that he sold to Coors.
SEGMENT 2 with Desmond Attmore, starting at 17:15: One of the best ways to make progress toward racial equality in this country is to support the starting and growing of Black-owned small businesses. Desmond Attmore is here to share the experience of starting his company, Six Degrees Creative Agency.
SEGMENT 3 with Elaine Parke, starting at 35:30: Bullying – especially online bullying – is a huge problem in our country. This example was led by former President Donald Trump who would personally bully people every chance he got. What can we do to stop bullying in business and society?
Sponsored by NiceJob and Truly Financial
More on each segment below.
Segment 1: Josh Landan started his career telling stories from behind the lens – filming, directing, writing, and producing films and documentaries featuring some of the world’s top surfers, snowboarders, and skateboarders. The passion for bringing his athlete friends’ stories to life led him to create Saint Archer Brewing Co. and later Ashland Hard Seltzer and Villager Spirits. Josh sold Saint Archer to Coors for $100 million and was later offered a sizable deal from Anheuser-Busch to purchase Ashland, but respectfully declined.
1:30 – How did you transition from being a filmmaker to starting a brewing company?
4:30 – How did you raise the first $3 million for your business?
7:30 – Where was the tipping point where you knew this was going to be a success?
10:00 – Why did Coors buy Saint Archer for $100 million? Then what happened?
12:15 – Why did you turn down Anheuser-Bush when they wanted to purchase Ashland?
13:00 – What is the key to being successful in the CPG industry?
Segment 2: Desmond Attmore is the co-founder of Six Degrees Creative Agency. He graduated from Morehouse College with a degree in marketing.
17:15 – What made you want to start your own business after college?
20:30 – How Desmond gained confidence and skills in entrepreneurship.
22:30 – What was the tipping point where you knew this was going to be a success?
26:00 – What gave you the courage to leave your full-time job?
27:30 – Advice for entrepreneurs and professionals who aren’t sure what they want to do.
29:00 – What disadvantages do black entrepreneurs face?
31:30 – How did your agency do during the pandemic?
Segment 3: Elaine Parke’s mission is Unifying America one person and one month at a time with the 12 Habits for All of Us.
35:30 – Why has online bullying become such a huge issue?
37:45 – What do you do when bullying actually helps you get what you want? How do you convince people to not be bullies?
40:00 – Are bullies aware of their behavior?
42:30 – What tools can we give bullies to help them change their ways?
44:00 – What are the 12 habits for all of us?
47:45 – How do you reduce bullying in business?
50:15 – What if the entrepreneur or small business owner themselves is the bully?
