Podcasts
Maximizing Business Success: Insights on Passive Income, Automation, and Scaling from Andre Abi Awad
In this episode, we speak with Andre Abi Awad, an experienced professional speaker and trainer turned entrepreneur who recently exited his business in May of last year. With a focus on creating marketing funnels, Andre started his business in 2012 using mostly freelancers and his personal network to get started with clients. After years of educating the market and expanding his team, the business evolved its focus towards lead generation on LinkedIn for service providers.
Andre shares his story of promoting a senior team member to take on a GM role and become a partner, while he moved into a chairman role. They developed a strategic partnership with a next-door product, which eventually led to a merger of the two companies as their exit strategy. With clients in 11 countries, Andre shares his insights on their “submarine strategy” of going to their clients and building relationships through referrals.
While there are certain aspects of the exit that Andre cannot speak about, he shares valuable insights on his mindset, vision, and end goal when he started the business, as well as how he valued the business for the deal and what transition strategies were in place. He also discusses the risks he and his team saw and what stopped the valuation from being higher.
Tune in to this episode to learn from Andre’s experiences and insights on successfully exiting a business.
For more on this topic and perspective, check out this episode on Succession Plus Youtube Channel and Exit Insights Spotify.