How a Public Company Sabotaged My 8-Figure Business Sale

How a Public Company Sabotaged My 8-Figure Business Sale. In this interview, serial entrepreneur Cecil Robles shares the painful story of how he lost out on a fortune when selling his first eight-figure business. He details how the acquiring public company structured an "earnout" deal that made it impossible for him to hit his targets , essentially forcing him to walk away from millions and locking him into a multi-year non-compete. Cecil also reveals how he found a clever loophole in his non-compete to launch a new, wildly successful venture and explains his current business model of building an equity portfolio with the goal of owning a piece of 100 companies in the next five years.Check out the company: https://raisecapital.ioBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory👀 CONNECT WITH SEANSubscribe: https://www.youtube.com/@seanweisbrotLinkedIn: https://linkedin.com/in/seanweisbrotInquiries: [email protected]🕒 CHAPTERS00:00 - My Goal: Own a Piece of 100 Companies09:02 - Why a Business Partnership is Like a Marriage13:28 - The Hardest Part of Entrepreneurship: Learning to Fail18:14 - How a Public Company Sabotaged My 8-Figure Sale27:42 - My Comeback: Finding the Loophole in My Non-Compete36:48 - How to Anticipate Problems Before They Happen41:49 - My #1 Leadership Rule: Delegate, But Don't Detach46:45 - My Journey from a 6-Figure a Year to 9-Figure Net Worth Goal51:45 - The Biggest Change in 20 Years: Checking My Ego📈 WORK WITH ME▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate▶ My AI/Automation Agency: https://optimai.aiLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.