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Getting to a Successful Exit Featuring Ju Rhyu of Hero Cosmetics
Manage episode 415785332 series 3272592
Sapna Shah에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Sapna Shah 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
When you’re just starting up your company, it may feel too early to be thinking about a future potential exit. But how does that exit ultimately happen? This episode features Ju Rhyu, co-founder and CEO of Hero Cosmetics, who sold her company for $630 million dollars to a strategic acquiror. Ju will talk about the decisions she and her co-founders made along the way that ultimately led them to a great outcome.
Topics:
- Why a focus on what your ultimate outcome is important for how you set up your business from the beginning
- How bootstrapping and a deep focus on profitability set up Hero for success
- When and why Hero thought outside investors would be helpful
- The key metrics that the co-founders of Hero focused on to be ready for exit
- How the co-founders decided it was time to exit
- How the exit process works, including if founders stay post-acquisition or not
- The emotional side of selling your startup
- Why a focus on fundamentals is the most critical thing you can do in your own company
Music by Eino Toivanen, kongano.com
Learn more at Retail X Series and follow @retailxseries on Twitter and Instagram.
To submit a pitch or to find out more about Sapna Shah, check out Red Giraffe Advisors.
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