Build with Leila Hormozi

Lessons From Selling My Businesses for $50Million At 29 | Ep 81

10.17.2023 - By Leila HormoziPlay

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“It's a commitment to the process.” Today, Leila (@LeilaHormozi) shares the lessons she learned from selling three businesses in the last year, the process of selling a business and the valuable insights she gained from the experience. Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business. Timestamps: (2:07) Knowing what you're selling. (3:08) Strategic vs Financial Buyers. (6:37) Dilution clauses and voting rights. (7:01) Anti-dilution and voting rights. (10:14) Non-compete agreements. (12:53) Planning post-sale vacation challenges. (16:38) Don't major in the minors. (18:31) Uncertainty during company sale. (22:36) Understanding a banker-led sale. (23:40) Using a banker for selling your business Follow Leila Hormozi’s Socials: LinkedIn | Instagram | YouTube | Twitter | Acquisition 

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