Prepare Your Business For Exit - Nathan Hirsch And Lily Patrascu
Nathan Hirsch scaled FreeUp from a $5,000 investment to $12 million in yearly revenue before selling it in 2019, achieving financial freedom. He now owns a portfolio of businesses, including EcomBalance, AccountsBalance, Outsource School, and Trio SEO, alongside his partner Connor Gillivan. His success in business exits comes from building companies with strong teams, clear SOPs, and accurate bookkeeping from day one. He emphasizes reoccurring revenue, intellectual property protection, and thorough due diligence on both the seller and buyer sides to ensure smooth transactions. His approach allows him to build sellable businesses while maintaining long-term ownership flexibility.
About The Guest
Nathan Hirsch is a lifelong entrepreneur and is on a mission to make entrepreneurship simpler for millions.
Nathan is best known for co-founding FreeUp.net in 2015 with an initial $5,000 investment, scaling it to $12 million in yearly revenue, and having it acquired in 2019.
Today, he owns a portfolio of companies with his partner, Connor Gillivan. A few you might know EcomBalance and AccountsBalance (two monthly bookkeeping services) and Outsource School (access to Nate’s Hiring process and SOPs) and TrioSEO (A premium blog writing service). Nathan has appeared on 900+ podcasts.
For More Info About Nathan Hirsch, visit: https://nathanhirsch.com/
Facebook: https://www.facebook.com/nathan.hirsch/
Instagram: https://www.instagram.com/nathanhirsch99/
Linkedin: https://www.linkedin.com/in/nathanhirsch/
Twitter: https://twitter.com/NathanHirsch99
TikTok: https://www.tiktok.com/@nathanhirsch99?
Youtube https://www.youtube.com/channel/UCSFkqsHfbq-y1Y56NP50XgA
Timestamp
0:00 Introduction to Business Exit Strategies
0:05 Nathan Hirsch's Entrepreneurial Journey
1:35 Importance of Team and Operations
2:24 Developing Standard Operating Procedures (SOPs)
4:58 Significance of Clean Bookkeeping
6:36 Recurring Revenue and Business Model
7:19 Protecting Intellectual Property
7:52 Due Diligence and Preparing for Sale
13:32 Creative Strategies for Increasing Business Value
21:00 Setting Goals for Productivity
21:15 Hiring and Building Trust
21:43 Retaining Virtual Assistants
22:18 Building Company Culture
22:49 Appreciation and Ownership
23:29 Conclusion
About The Host
Lily Patrascu is an ultra-creative book publisher and personal brand strategist for thought leaders, CEOs, luxury influencers. As an influencer, bestselling author, copywriter, global speaker, she supports busy entrepreneurs to find their message and share it with millions of people.
Feel free to connect with me or find out more about my book publishing/influential entrepreneur events/speaking/ projects here: https://linktr.ee/lilypatrascu & www.lily.global I am launching a few collaborative books: on property wealth strategies, confidence, millionaire secrets, health tools, AI, and seeking influencers with large communities to promote their expertise with the books. I can help you write/ghostwrite and publish your books in 90 days. Message me (Lily) on +447557351222 to collaborate.
If you want to be featured on this podcast, and you're a successful entrepreneur able to share about how you grew your company, book your spot here: www.lily.global/podcast -
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Awakened Titans Podcast - with Lily Patrascu shares mindblowing conversations with influential business titans so you can manifest abundance, love, joy, success, through exponential business growth, innovative products and services, time/money management, property investment, funding, startups, quantum awakening, quantum manifestation, quantum healing, quantum miracles, motivation, high achiever habits and more!
