Ep 38 : How To Build A Multi-Million Dollar Exit Company Like A BOSS with Greg Shepard (BOSS Methodology)
Episode description
We all make mistakes as entrepreneurs but sometimes even with all of the information and courses don’t make things right. If you listen to our podcast with Greg Shepard, you’ll hear all about your mistakes in rolling up companies straight from the horses’ mouths.
Greg Shepard is the CEO and founder of BOSS Capital Partners. He is a Serial Entrepreneur, Author, Speaker and Angel Venture Capital Investor with a legacy of building and running sustainable growth businesses. Driven by a transformational leadership style, Greg has spearheaded multiple company exits in the BioTech, TransitTech, AdTech and MarTech space.
If you’re interested in knowing how to build a multi-million dollar exit company using Greg Shepard’s BOSS Methodology, keep on scrolling down.
Remotrepreneur’s Insights
- Recognizing The Type of Business – Greg says it’s important to find out what type of business you want to target. There are two types of businesses – problem solving business and opportunity businesses. We break down what those are on our podcast.
- The BOSS System – Greg also breaks down his famous BOSS system and passes the knowledge onto other entrepreneurs in need. The system is so good, Greg used it for politics as well.
- How To Better Manage Businesses Remotely – There are a few things that make us distracted even when we work from home. Greg tells us how he manages multiple companies from any remote location.
- BOSS Methodology in nutshell - Business, Operating, Support, System
Key Podcast Milestones
03:24 – Greg’s story from living in a tent to building a billion-dollar company
08:04 – What does BOSS stands for
11:12 – First stage of Greg’s BOSS system
13:25 – Second stage of Greg’s BOSS system
28:20 – How to achieve the highest impact with the lowest effort
29:00 – Greg’s RACI model
31:29 – Stage three of Greg’s BOSS system
33:13 – Stage four of Greg’s BOSS system
36:31 – How Greg makes people follow the SOP
37:15 – Last step in Greg’s BOSS system
41:30 – How many years it took Greg to develop the BOSS system
44:19 – The recipe for failure
47:53 – Why would people sell their company if it’s profitable
50:21 – The revenue tech companies need to make in order to be sold at a higher rate
59:34 – Greg’s best practices for operating remote companies
01:04:58 – Greg’s prediction and thoughts on the current economy
Resources
People
Jim Rohn
Books
Meet the BOSS - The Agile Playbook for Startups – Greg’s upcoming book
Socials
https://www.gregoryshepard.com/ - Greg’s website
Greg Shepard – Greg’s Linkedin account
Remotepreneurs-Host
Greg Shepard-Guest