{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/63d3ad1a963ae60011f9ff7f/6622609c2f403400115fa0be?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"How a Public Company Sabotaged My 8-Figure Business Sale","description":"<p>How a Public Company Sabotaged My 8-Figure Business Sale. In this interview, serial entrepreneur Cecil Robles shares the painful story of how he lost out on a fortune when selling his first eight-figure business. He details how the acquiring public company structured an \"earnout\" deal that made it impossible for him to hit his targets , essentially forcing him to walk away from millions and locking him into a multi-year non-compete. Cecil also reveals how he found a clever loophole in his non-compete to launch a new, wildly successful venture and explains his current business model of building an equity portfolio with the goal of owning a piece of 100 companies in the next five years.</p><p>Check out the company: https://raisecapital.io</p><p><br></p><p>Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory</p><p><br></p><p>👀 CONNECT WITH SEAN</p><p>Subscribe: https://www.youtube.com/@seanweisbrot</p><p>LinkedIn: https://linkedin.com/in/seanweisbrot</p><p>Inquiries: welivetobuild@gmail.com</p><p><br></p><p>🕒 CHAPTERS</p><p>00:00 - My Goal: Own a Piece of 100 Companies</p><p>09:02 - Why a Business Partnership is Like a Marriage</p><p>13:28 - The Hardest Part of Entrepreneurship: Learning to Fail</p><p>18:14 - How a Public Company Sabotaged My 8-Figure Sale</p><p>27:42 - My Comeback: Finding the Loophole in My Non-Compete</p><p>36:48 - How to Anticipate Problems Before They Happen</p><p>41:49 - My #1 Leadership Rule: Delegate, But Don't Detach</p><p>46:45 - My Journey from a 6-Figure a Year to 9-Figure Net Worth Goal</p><p>51:45 - The Biggest Change in 20 Years: Checking My Ego</p><p><br></p><p>📈 WORK WITH ME</p><p>▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory</p><p>▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate</p><p>▶ My AI/Automation Agency: https://optimai.ai</p>","author_name":"Sean Weisbrot"}