In this podcast episode, host Jacob Koenig talks with guest Chad Silverstein. Chad is an accomplished entrepreneur and business leader with a strong background in the debt collection industry. He began his entrepreneurial journey by founding Choice Recovery and later founded Restart, both of which he successfully sold. With extensive experience in the field, Chad understands the intricacies of the debt collection industry and possesses valuable knowledge about business and its operations.

Chad shares his inspiring journey in transforming the debt collection industry and fostering a positive company culture. He started Choice Recovery, a collection agency, aiming to change its negative perception and later introduced Restart, a career development platform, to help individuals facing financial hardships. Silverstein's approach not only improved his company's reputation but also attracted new clients and employees who appreciated the positive impact. Despite industry challenges, he successfully sold his companies by emphasizing the financial metric EBITDA and transparent communication. Silverstein also stresses personal growth for leaders and the importance of continuous learning in the ever-changing business landscape. His story serves as an inspiration for entrepreneurs looking to make a positive impact in their industry.

Join Jacob Koenig and Chad Silverstein on this episode of the Secrets to Selling Your Business podcast to delve deeper into the founding of Chad’s companies and how to build the next generation of leaders.

Here is what to expect on this week’s show:

•  Founding Choice Recovery and Restart

•  Building a positive company culture

•  Challenges in the industry

•  The importance of EBITDA

•  Transitioning to coaching and teaching

•  Valuation of technology companies

Connect with Chad Silverstein:

https://www.chadsilverstein.com/

Connect with Jacob Koenig:

https://woodbridgegrp.com/

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