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Key takeaways
- The thing that so a school group being a sellable asset has nothing to do with it being a school group and everything to do with the fundamental economics of the business that underpin the revenue.
- And so the guy who has 80% annual retention on his customers and has super high gross margins and multiple acquisition channels in terms of people coming in the door and it's not relying on him or her.
- That is absolutely a sellable business.
- >> It's not about It's about the product and the customers and and the reviews and the brand and the awareness and you know, all of that.
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Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00Will school groups be a thing that can be a sellable asset? >> Yes, just like an Amazon store can be a sellable asset. The thing that so a school group being a sellable asset has nothing to do with it being a school group and everything to do with the fundamental economics of the business that underpin the revenue. And so the guy who has 80% annual retention on his customers and has super high gross margins and multiple acquisition channels in terms of people coming in the door and it's not relying on him or her. That is absolutely a sellable business. But it's those it's those those features that underpin the economic model that are the thing that make the asset sellable versus something that isn't. But it has nothing to do with like is a school community sellable. It's like saying is a dry cleaner sellable? Well, good ones are and bad ones aren't. So, good
0:50>> Shopify store. Like everything in ecom's on Shopify. >> Yeah. >> It's not about It's about the product and the customers and and the reviews and the brand and the awareness and you know, all of that. That's what makes a business. >> Yeah, >> for sure. >> Thank you. Thank you. Helped. >> Real quick, I'm going to show you the exact 10stage road map from zero to 100 million plus that less than 1% of companies finish. I've now done multiple times. And so I can say with a lot of confidence that these are the stages as headcount increases that you need to get through. And I broke each of these down by eight different functions of the business. What the constraint feels like what are the symptoms of it when you're going through it. And then what steps we actually took to graduate. And we've done this across software, physical products, uh service businesses, brickandmortar, all of this. And it works. And it's my gift to you. It's absolutely free. And so the link's in the description, but you just go acquisition.comroadmap.
1:43Just enter your info and it'll spit it right back to you. Offering.