Jan 19, 2023
Most entrepreneurs start a
business because it’s a passion project and they want to solve a
problem, but they never think about the destination, how they’ll
exit, and if they can even exit profitably.
The earlier in the
process we think about that ultimate exit, the more we can
influence the outcome and make sure it turns in our
favor.
For Terry Fisher,
thinking ahead to the exit allowed him to pull off one the fastest
and most lucrative deals - taking Voisey from startup to a 60X
acquisition in less than 2 years.
In this episode, he
shares his impressive story and how he achieved such a huge
turnaround.
Three Things You’ll Learn In This Episode
Terry’s inspiring story
How did Terry's journey through rejection and
challenges to make a dream he had at 17 come
true?
How to create a successful exit ahead of
time
Is it possible to
choose your business’ buyer in the early build
stage?
How to create a really strong
offering
How to
identify a problem you can solve at a really high level?
Guest Bio
Terry Fisher is a
Serial Angel Investor, Business Scale Up Mentor, CEO Consultant,
and Exit Strategist. Terry became an early-stage seed investor in
Voisey. The premise of the app was to connect singers, songwriters,
artists, and producers through collaborative songwriting and its
popularity upon launch was huge, with over 2 million downloads in
its first month - making it the most popular music app on the App
Store. The consumer and media attention that the app generated
resulted in most of the major social media platforms looking at
acquiring the app, which culminated with Terry leading negotiations
with multiple suitors until eventually agreeing on terms for a sale
with Snapchat.
Voisey’s journey was
only 18 months from an idea on a piece of paper to exit - one of
Terry’s biggest achievements to date. As well as his investment
work, Terry also acts in an advisory capacity through business
scale-up mentoring, CEO consultancy, and exit strategy for
fast-growth brands looking for support in their forward momentum,
alongside assisting businesses looking to exit in ensuring maximum
acquisition value.
For more information,
go to https://www.terryfisher.com/
and follow @tfish_ on Instagram.
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