Capitalism.com

In this episode, Matt shares his journey from a struggling first-time entrepreneur to selling his company, Up Launch, for over $14 million. He discusses the psychological barriers to raising prices, the importance of simplifying business processes, and the vital lessons he learned about market testing and valuation during the acquisition process. Matt also reflects on how his experience as a firefighter helped him make critical decisions quickly in business. As he embarks on his second venture, he emphasizes the importance of having the right backers and staying focused on core business competencies. Tune in to learn how Matt navigated the complexities of scaling a business, negotiated a successful exit, and his strategies for future ventures. 00:00 Overcoming Pricing Fears as a First-Time Founder 00:58 The Journey to an Eight-Figure Exit 01:10 Navigating the Acquisition Process 02:09 The Reality of Earnouts and Valuation 05:58 Lessons Learned from Selling a Business 07:56 The Importance of Accurate Financial