Episode description
Episode description
In this episode, host Chris Lee joins Sean Castrina on the 10 Minute Entrepreneur podcast. Chris shares insights and experiences from his entrepreneurial journey. Chris's path to entrepreneurship began with selling Cutco knives and doing door-to-door sales, where he realized the power of creating value and the importance of selling. Over time, he built two successful businesses that he exited for nine figures each, a remarkable achievement for any entrepreneur.
Joining Together, they discuss the secrets behind Chris's successful exits, emphasizing the significance of building a strong company culture, maintaining clean operations, and assembling an exceptional salesforce. They also touch on the importance of partnership and attracting the right talent to scale a business effectively.
As Chris reflects on his entrepreneurial journey, he shares his post-exit plans, including his involvement in consulting and helping other entrepreneurs reach their seven, eight, or even nine-figure exits. Chris believes that strategic thinking and identifying opportunities for growth are key to revitalizing businesses that may have plateaued.
Tune in to this episode to gain valuable insights from Chris Lee on entrepreneurship, sales, building a winning culture, and the exciting prospects of partnering with businesses to fuel their growth!
HIGHLIGHTS
“Both of my businesses were built with partners. Because I knew that I could run faster with incredible people than I could alone. And I've never met a billionaire that did it completely on his own."
"So, I'm very much a strategist, and I can identify, you know, issues and potential within businesses. And so really, the next step for me is partnering with businesses that are that are at a plateau that have been around for a while haven't experienced a lot of growth, maybe they're just been steady and coming in and given them a new fresh eyes, how to market and sell and scale and attract good talent."
"I'd rather have 50% of something growing than 100% of something dying."
TIMESTAMPS
00:00: Introduction
01:28: Exit Strategies
05:17: Scaling
07:31: Partnerships
11:53:Leadership Strategies
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