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Podcast: Startups For the Rest of Us
Episode: Episode 672 | Bootstrapping, Building, Buying, and Selling SaaS Companies
Description: In episode 672, Rob Walling speaks with Jon Hainstock, M&A advisor at Quiet Light and previously ZoomShift. They discuss Jon’s bootstrapper journey, his exit from ZoomShift, the benefits of buying versus building, and how he helps other founders sell their businesses at Quiet Light. To wrap up, Jon exposes some common pitfalls to avoid when buying businesses.
Topics we cover:
2:17 – Timeline of building and selling ZoomShift
6:07 – Deciding to sell ZoomShift
11:06 – Jumping into a new project immediately after exit
17:16 – Acquiring small assets
19:16 – Picking Quiet Light Brokerage over smaller acquisitions
26:23 – “Broker” vs. “Advisor”
30:26 – What to avoid when buying a business
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