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[STEP BY STEP] How Do I Vet for My Next Owner?

Future Commerce
Future Commerce
Episode • Jan 31, 2023 • 43m

We’re in Season 11 of Step by Step and this season, we’re focusing on architecting your business for a dream exit. We’ve partnered with OpenStore to bring you stories from real founders who have successfully built and sold their businesses and will equip you with the tools you need to confidently sell your own business.

We talk with Brendan Brosnan and Chris Heckman, co-founders of Yogaste about their experience co-founding Yogaste and how their shared passion and ability to communicate well led them to a successful exit. Brendan and Chris weren't initially interested in selling their business, but they realized it was the best option to take their business to the next level. They share their experience with vetting owners to sell to.

In this Episode:

  • 00:06:14- How They Founded Their E-Commerce Brand
  • 00:13:14 - What it’s like building with a short-term focus
  • 00:15:09 - The Power of Consistent Progress
  • 00:19:34 - Leveraging a Network and a Lean Team to Test and Grow a Business
  • 00:22:11 - The Benefits of Remote Talent
  • 00:30:07 - Their experience of Selling a Business to OpenStore
  • 00:38:38 - Advice for Entrepreneurs Looking to Build a Profitable Business on Shopify

Associated Links

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