The 8:1 Flip


Steve Huey bought The Learning House, a company that creates online courses on behalf of colleges, for $2.7MM in 2007 because he saw the opportunity to professionalize the sales and account management of the business.  Five years later, Huey sold the business to Weld North, a private equity company for $27.5MM earning his shareholders an 8 to 1 return.

In this episode, you’ll hear Huey’s advice on:

  • How to raise a $4MM angel round in seven days.
  • An inexpensive way to figure out what your business is worth.
  • Buying a business with little of your own money down.
  • Handling a buyer who drops their offer after signing an LOI.
  • Differentiating between an earn-out and an escrow.

Listen now to hear Huey’s advice.

Have You Built an Automatic Business?

The Learning House garnered an offer from a private equity firm of almost four times their top line revenue because they had a recurring revenue model.  Turning your transactional model into an annuity stream is what we tackle in The Automatic Customer Builder tool, our focus in Module 5 of The Value Builder System™.  Complete Module 1 by getting your Value Builder Score.

Get Your Value Builder Score Today