Acquiring E-Commerce Companies and Building a Community of Entrepreneurs with Michael Sirpilla of Society Brands
Thinking of selling your business? There are a lot of preparations that need to be made before the big day.In this episode, Michael Sirpilla, CEO of Society Brands who just went through a $205 million capital raise with the i80 Group, talks about the things the key considerations when exiting the business. He dives deeper into the reasons why you need to sell, when is the best time to do it, do you need a broker and how to find the best deals.If this is something you’re looking at in the future, definitely tune in for some golden nuggets! Let’s go.[00:00 - 13:49 Opening SegmentLet’s get to know MichaelMichael shares his first entrepreneurial ventureHow he assembles his teamWant to grow your business? Here’s what you need to know[13:50 - 28:45] Be A Part of Something BiggerWhat is Society Brands?The strategy used by the Socitey Brands growMichael talks about Society Brands unique value propositionWhat makes a company a good partner[28:46 - 33:33] Timing is EverythingWant to exit your business? Hear what Michael has to sayWhen is the right time to sell your businessWhat kills a business deal[33:34 - 37:51] Closing SegmentThe Fire RoundConnect with Society BrandsQuotes “If you're trying to grow a business to exponential levels, you can't just do it by yourself, you have to have a team around you.” - Michael Sirpilla “A clean conscience is a comfortable pillow.” - David Connect with Michael through societybrands.comSend us a voice message and let us know how we can help you fire the man! FacebookYouTubeInstagramResources MentionedGETIDAEmail us --> [email protected] Leave us a review as it really helps the show! Support the show