Interested in learning more about the concept of growth through acquisition? This serial entrepreneur talks to us about her experience in acquiring, growing and selling multiple businesses including some of the hardest lessons that she’s learnt from her exits.
Episode Highlights:
- Quick overview of Sarah’s buying and selling background
- The concept of acquisition as a growth strategy
- What is your measure of a successful acquisition
- Learning the hard lessons the hard way
- Benefits of competitive tension
- Managing earn-outs and issues around it
- Building a team that could be sold
This episode is part one of a two-part series with serial entrepreneur Sarah Riegelhuth, who has founded eight companies since 2009. Sarah is currently the CEO of Grow My Team, a global recruitment firm, and also sits on the board of her other company League of Extraordinary Women.
In this first episode, we talk about Sarah’s experience in acquiring, growing and selling multiple businesses. We also dig into this concept of acquisition as a growth strategy and where it can really work well. Sarah shares some of the hardest lessons that she’s learnt from her experiences in exits and we look specifically at her $1Million dollar mistake.
Whether you’re a business owner who’s buying or selling businesses or an advisor working in this space, you’re certainly going to find this two-part series really interesting. There are really loads of takeaways for all of us!
If you liked this episode with Sarah, check out Part 2 by clicking here.
Resources:
- Grow My Team
- League of Extraordinary Women
- Follow Sarah on Twitter @SarahRiegelhuth
- Connect with Sarah on Linkedin
Check out other Conversations at the Coalface episodes:
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Our Business Sales and Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisitions process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
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