Ep 31 - Shopping for Entrepreneurial Success, With Allegra Stennett

Feb 28, 2023 · 44m
Ep 31 - Shopping for Entrepreneurial Success, With Allegra Stennett
Description

What if you want to be your own boss but the whole founder thing isn’t your cup of tea? What does it take to hit the ground running and take...

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What if you want to be your own boss but the whole founder thing isn’t your cup of tea? What does it take to hit the ground running and take an already good business and make it great? How do you find the money, the resources and the network to find and buy the right business for you?

In this episode, Allegra Stennett, cofounder of New Majority Capital, tells you everything you need to know about the “Buy Then Build” model of entrepreneurship.

Listen to her great insights on why the purchase path is attractive to many new majority entrepreneurs, how you can build your chops to become an entrepreneur through acquisition, what it takes to find and buy a high-potential business, and much more.

Episode Highlights:
  1. NMC's unique model and why it's right, right now for underrepresented entrepreneurs
  2. How the ETA model multiplies success for women and underrepresented entrepreneurs versus the vc model
  3. What makes a successful ETA entrepreneur
  4. How to get NMC funding when buying a business
  5. How to build your business chops prior to your business acquisition
  6. How to increase your odds of finding the best business for you to buy
  7. Insider tips and secrets in your business acquisition search
  8. The one thing you must master so you don't overpay for your purchase
  9. How to improve your negotiating skills - in two steps
  10. How to use both head and heart for long-term negotiating success
  11. How to earn your way to full business ownership in the NMC model
  12. The one metric that signals success for entrepreneurship through acquisition
  13. How to make smart work/life choices when buying a business
  14. How to get the support and resources you need to succeed as an entrepreneur through acquisition
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Information
Author Shubha K. Chakravarthy
Organization Shubha Chakravarthy
Website achiiv.co
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