Andrew GazdeckiSerial Entrepreneur Driving Startup Acquisitions

Boost Your Business Sale With Accurate Timing

27 Mar 2024

Watch on YouTube

This is a YouTube video titled "Boost Your Business Sale With Accurate Timing" containing a discussion between two speakers about business sales, specifically focusing on timing and factors influencing the sale of a business such as currency exchange rates and growth potential. The conversation appears informal and is related to entrepreneurial experiences but does not include Andrew Gazdecki as a speaker.

Zundesk Marketplace. This is a fun podcast we're talking about.
That one was pretty light on support, but I had, I hadn't thought about it until after Swim Gen. And then I'm in, I'm in Canada. And like the Zendesk apps, they were at a good spot, but they had plateaued. I wasn't going to be able to grow it anymore with, with, you know, the time I had available. And then the US Exchange rate was looking pretty good at the time for U.S. to Canada dollars, like 35 or 40% premium converting. So it's like, ah, you know what? Like I'll just, I'll just take it. Like I'll, I'll sell now and then I'll kind of be like, comfortable and don't have to worry about, you know, paying myself from the gym type thing. Just a bit of a safety cushion. And then, you know, all the, all the tech is sort of behind me for now.
That can actually, that can be a huge factor with acquisitions in terms of just the timing at which you sell your business.