Archive - Raising Capital, Funding Your Business, Preparing To Sell With Josh Holley

Archive - Raising Capital, Funding Your Business, Preparing To Sell With Josh Holley

In today’s episode, Nick sits down with friend and Bryker and Co founder, Josh Holley to discuss raising capital and selling your business.

The episode begins with Nick and Josh discussing how they met. They were training for a marathon together and Nick says that he learned a lot from training with Josh. A big part of Josh’s training was about learning restraint in his workouts and that was a big takeaway for Nick. When they started training together, Nick says Josh taught him a lot about business as well. Josh began his role in finance in the beginning of the recession in a restructuring firm. He thought he’d only be in the role for a couple years before transitioning back to a traditional finance role, however he stayed for seven years. He credits this time with accelerating learning and leading him to his current work of building finance and accounting into businesses.

Even before you get into raising money Josh says you need to understand the cash needs of your business. Nick agrees, citing a personal story of his own business needs as an example. More than fifty percent of the time, even in well established businesses, leaders are looking at the bank account as the measure of health and success when financial statements tell a different story. Josh stresses the importance of accrual accounting, whether you’re trying to better understand the business, raise capital, or sell the business. Nick and Josh both agree that there are a lot of parallels between marathon running and business building because both require pacing and endurance.

In the early days of growing your business, you may have small bank loans, but a large part of your revenue will come from friends and family. For these types of investments, Josh recommends a Safe Agreement. This will allow those close to you to invest in your business now and not discuss valuation until you get more traditional investors. Later, when you feel like your back is against the wall, this isn’t the time to raise equity, Josh says you should be looking to get creative and work with vendors and others to save money. Nick agrees, and adds that this is why relationship building is important to him and his business.

For business owners, Nick and Josh recommend an accountant as one of your first hires. This will allow you to move to building the business not being stuck in the business. As you prepare to sell your business, there are a few things that will help you seem more desirable to buyers. This will be things like practicing accrual accounting, tracking sales tax and one time expenses, as well as implementing a board. If you don’t have these things in place there may be doubt in investors or buyers minds. Having all this in place can help you avoid earn out at closing. These things are an expense, certainly, but Nick and Josh say you’ll earn it back with investment or buy out.

As the episode ends, Josh reminds listeners that when selling your business you have to keep the buyer in mind, and Nick stresses the importance of looking to the future rather than getting bogged down in the present.

Timestamps:

0:00- Nick introduces the episode and today’s guest, Josh Holley.

3:14 - How Nick and Josh met.

8:11- Josh shares how he came to investment banking.

13:47 - Common business problems Josh sees in his work.

22:08 - Josh discusses how to better understand your business.

36:56 - Safe Agreement

48:34 - The importance of accounting

1:03:14 - How to get ready to sell your business.

Links:

Follow Josh Holley.

Learn more about Nick Bare on his

Jaksot(192)

Archive - Chadd Wright | Speak Your Goals Into Existence And Tackle Life With A Value System

Archive - Chadd Wright | Speak Your Goals Into Existence And Tackle Life With A Value System

Chadd Wright is a retired Navy SEAL turned elite ultra-runner who served his country for a decade on multiple deployments to conflict zones across the world -- including a stint on President Obama's security detail. In this conversation Nick sits down with Chadd to discuss life as a SEAL, the allure of ultra-endurance for self-betterment & the importance of having a value system in place to navigate life. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

9 Kesä 20221h 22min

Archive - Mark Sisson | The Blueprint For Primal Living

Archive - Mark Sisson | The Blueprint For Primal Living

Mark is the author of numerous books, including The Primal Blueprint, which was credited with turbocharging the growth of the primal/paleo movement back in 2009. In 2017, he officially became a New York Times bestselling author with The Keto Reset Diet, which reached the #1 overall bestseller among all books on amazon.com for two days. Mark has written several other books, including popular Primal-themed cookbooks and lifestyle books. In this episode, Nick sits down with Mark to discuss the effects that heavy endurance training has on the human body, as well as some approaches to nutrition that can benefit our performance and lead us to a healthier lifestyle. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

6 Kesä 20221h 10min

Archive - Ken Rideout | From Drug Addict To Running Sub-2:30 Marathons

Archive - Ken Rideout | From Drug Addict To Running Sub-2:30 Marathons

Tennessee native and Myrtle Beach Marathon winner Ken Rideout joins Nick today to talk about growing up hustling, mental toughness, and his athletic career. Ken is an advocate of “The Fight.” Growing up in a working class, inner city neighborhood, sports became Ken’s escape. As an endurance athlete, he approaches every event with a fighter mindset, going to battle with himself. At the age of 50, Ken is running faster than he ever has before. Finishing the Myrtle Beach Marathon in 2:30, The London Marathon in 2:29, and The New York Marathon in 2:33, Ken is driven and determined to finish every event he competes with nothing left in the tank, making sure to give his every last ounce of effort. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

2 Kesä 20221h 29min

Archive - Cameron Hanes | Work Hard, ENDURE, and Keep Hammering

Archive - Cameron Hanes | Work Hard, ENDURE, and Keep Hammering

Cameron Hanes discovered his true passion for bowhunting when he was twenty. Inspired by the physical challenges of stalking elk in the Oregon wilderness—traversing mountainous terrain, braving erratic weather, and evading his quarry’s even more dangerous predators—he began an ever-evolving journey of self-improvement. To become the best bowhunter of wild elk, to the caliber he believed he could be, Cam realized he would need more than archery skills. He would need the stamina and strength that could only come from an athletic training regimen of long-distance running and heavy-weight lifting. And every day for more than thirty years, Cam has put in the work, building miles and muscles, pushing through pain with a single-minded focus on the only goal worth having—besting himself time and again. If Cam can do it, we all can. Everyone has what it takes to endure adversity so we can rise above average, be the best we can be, and enjoy living life to the fullest. You can order Cam’s book, ENDURE, on Amazon now. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

23 Touko 20221h 33min

Archive - Tim Kennedy | Built By Scars And Stripes

Archive - Tim Kennedy | Built By Scars And Stripes

Tim Kennedy is an active Special Forces master sergeant and sniper with combat deployments throughout the middle east as part of the most elite counter terrorism and hostage rescue unit within the U.S. Army Green Berets. Prior to the military, he was a professional mixed martial arts fighter and two time title challenger. Tim sits down with Nick to talk about how fighting and violence has always been a part if his life, and how it has evolved over time through the experiences he’s had, and how he now uses it for good. You can preorder Tim’s book, Scars and Stripes today on Amazon. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

16 Touko 20221h 29min

Archive - Noah Kagan | Facebook’s 30th Employee On Getting Fired and Losing $1 Billion

Archive - Noah Kagan | Facebook’s 30th Employee On Getting Fired and Losing $1 Billion

If you lost a billion dollar opportunity, how would that affect your life? For Noah Kagan, it certainly was not easy. But he didn’t let it stop him from becoming successful. Noah is the founder/CEO of AppSumo, a daily deals website for digitally distributed goods and online services based in Austin, TX. Before founding AppSumo, he was employee #30 at Facebook, working directly under Mark Zuckerberg. After a 9 month tenure, Noah was fired, losing out on nearly a billion dollars in stock. He was also employee #4 at Mint.com before deciding that he wanted to be his own boss, and founding AppSumo. In today’s episode, Noah sits down with Nick to talk about how getting fired from Facebook was just the beginning of his story, and share some great insight into what it truly means to be successful. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

9 Touko 20221h 5min

Archive - Nicky Cass | Spreading Good In The World Through Laughter

Archive - Nicky Cass | Spreading Good In The World Through Laughter

Nick Cassano is a social media influencer and BPN Ambassador who has exponentially grown his platforms on both Instagram and TikTok by creating comedic content. While the content uses similar characters, the themes for the videos are incredibly diverse. Most however have some relation to sports, or Italian American heritage. Through being authentic, providing quality content, and a professional attitude Nick has been able to build a loyal audience that looks forward to the content on a daily basis, and his content has even been featured on Barstool Sports, Buzzfeed, and more. In this episode, Nicky sits down with Nick to enjoy some some laughs as well as discuss the importance of staying true to yourself, not letting your insecurities control you, and more. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

25 Huhti 20221h 33min

Archive - Mike Thompson | Conquering Cancer, Kona Ironman, and Kilimanjaro

Archive - Mike Thompson | Conquering Cancer, Kona Ironman, and Kilimanjaro

Mike Thompson could have listened to the doctors. At the age of 15, after five years of battling four rounds of cancer, when they told him he wouldn’t make it past age 18. Or when they told him that he would never be able to do athletic activites ever again. But he didn’t. Now in his mid-30’s, Mike has completed multiple marathons and Ironmans, including the Kona Ironman, and has summited Mount Kilimanjaro. He has now devoted his life to helping others who struggle with cancer, PTSD, and more by partnering with Texas Original, one of the two operating medical cannabis providers in Texas. In this episode, Mike sits down with Nick to share his story, as well as share about his work with Texas Original, and how they hope to educate about the benefits of medicinal cannabis. More Resources: BPN website: www.bpnsupps.com Nick’s website: www.nickbare.com Nick’s Instagram: www.instagram.com/nickbarefitness Nick’s Youtube: www.youtube.com/user/barelifenutrition Follow Us On Social Media! Instagram: @thebareperformancepodcast Facebook: The Bare Performance Podcast Twitter: @BarePerformPod

18 Huhti 20221h 18min

Suosittua kategoriassa Terveys ja hyvinvointi

unicast
voi-hyvin-meditaatiot-2
rss-pitaisko-erota
tiedenaiset-podcast
psykopodiaa-podcast
meditaatiot-suomeksi
vakeva-elama-viisaampi-mieli-vahvempi-keho
selvin-pain
rss-kuumilla-aalloilla
rss-uplevel-by-sonja-hannus
rss-nautinto
junnut-pelissa
rss-rentoudu-podcast-rentoutumiseen-hanna-viljanmaa
terapiassa
paritellen
selviytyjat-tarinoita-elamasta
rss-en-saa-unta
kaikki-ihonhoidosta
lepakkosafari
rss-pt-paahtio