010: Turning a 6-Figure Business into an 8-Figure Exit with Cole Humphus - podcast episode cover

010: Turning a 6-Figure Business into an 8-Figure Exit with Cole Humphus

Feb 24, 202235 minEp. 10
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Episode description

Imagine growing a business from $135k to $1.5M, all within 1 year! That’s what Cole Humphus did with his online photography business, Cole’s Classroom.

And the best part…

He built his business so that it could operate on auto-pilot. It generated sales 24/7, maintained extremely healthy profits, and minimized the headaches that most entrepreneurs deal with when it comes to scaling people and processes.

Cole continued to grow that business to a total $13.6M and eventually landed an 8-figure exit deal.

Now, he’s on a mission to serve others. Through his latest venture, Rapid Scale Group, he helps online course creators & coaches triple their sales within 12 months.

Key Takeaways with Cole Humphus

  • Getting unstuck and growing from $100K to $1.5M in a single year.
  • Gaining a competitive edge through continuous improvement.
  • Creating a company that can operate without you—even when it comes to strategic thinking and problem solving.
  • Building to sell—whether you choose to or not!
  • Understanding the private equity roll-up strategy.
  • Negotiating favorable terms when selling your business.
  • The power of being agile as a small business owner.
  • Discover Cole’s secret to marketing and scaling any business!

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