#12 How to Bounce Back from Being Screwed Out of a $7 Million Partnership (Deborah Tuggle, Founder of Bite Me, Inc)

What would you do if you got screwed out of $7M in your business by a “partner”? Sadly, bad business partnerships happen often, especially for eager entrepreneurs who don’t know what they don’t know. However, partnerships can be the bedrock for how a company grows its reach and taps new markets. Think Versace X H&M, Nike X Apple, Taco Bell X Doritos. Deborah Tuggle went from having no business experience to never creating a business plan to 20 years later, owning and operating a cookie empire. She knows the good, bad, and ugly of partnerships, including acquiring a partner to having a “partner” try to reverse engineer her cookie recipe to push her out of $7M ARR. The most beautiful thing about Auntie Deb and how she does business is that she teaches how you can screw up, get screwed over, and still scale up. Here’s what you’ll learn: How she built a cookie empire without a business plan. How she established partnerships both good and bad. How she acquired one of her original partners. How a bad partnership led to 1 key thing that closed financial gaps and catapulted the company. How to learn from and avoid some of her mistakes. Subscribe & Rate Now. #getsshitdonepodcast Learn More About Get Sh!t Done: shegetsshitdone.com Have feedback, a show topic you want us to cover, or just want to say hi: [email protected]