This episode of Humans of Flippa delves into the journey of Owen Walker, the founder and prior owner of Science for Sport, as he shares insights into his entrepreneurial experience and eventual exit facilitated by Flippa.
Owen sheds light on Science for Sport, a sports science education platform he founded, driven by his passion for filling the void in online sports science resources he experienced during his studies. He recalls launching the website in April 2016, followed by the introduction of subscription-based products in December that year.
The dialogue navigates through the evolution of Science for Sport, highlighting its credibility among leading sports professionals and the strategic shift towards a team-based content production model. Owen elaborates on the subscription model's success, emphasizing the significance of sticky, recurring revenue.
As the conversation turns to the decision to sell Science for Sport, Owen reflects on listing the business as a win-win experiment, aiming to gather feedback for improvement or explore a favorable acquisition opportunity. He shares insights into the exit process, stressing transparency and proactive communication with potential buyers.
Despite being asked to stay on post-acquisition, Owen hints at future endeavors, balancing his commitment to Science for Sport with potential new ventures or investments. The episode wraps up with mutual appreciation for Flippa's role in facilitating Owen's entrepreneurial journey.
Connect on LinkedIn: https://www.linkedin.com/in/owen-walker-32ab20129/