Staff Writer

If you’re preparing for a sale and want to avoid the money mistakes founders usually make in the first few years after an exit, listen now.

About this episode Have you ever considered how you would tell your employees you’ve sold your business? It’s one of the conversations most founders fear. You hope your employees will be happy for you, but you also worry some will view you as a sellout. Dr. Michael Filosi experienced the entire spectrum of reactions when he told his 35 employees he had sold his dental practice, the biggest in Adelaide, to private equity. While he had some congratulations, he also had one team member walk out...

About this episode Lior Pozin started AutoDS to run his own eBay dropshipping stores. The software finds trending products to sell, tracks supplier price and stock changes, and fulfills orders automatically so a dropshipper never touches the inventory. He bootstrapped the company for eight years, keeping the bank balance at zero on purpose, and grew it to 200 employees and more than $20 million in annual recurring revenue. Along the way he turned down a $38 million private equity offer one...