How a $400 Startup Got Sold for $43 Million
Stuart Crane is an entrepreneur and advisor. His previous company, Definitive Homecare Solutions, provided a software product for the home infusion pharmacy industry called CPR+. He and his co-founder started the business with just $400 and went on to sell it for $43 million. But this wasn't an overnight success story. It took them 20 years to build that business. And they had two failed attempts trying to sell the company before they were successful.
We're going to talk about the successes, failures, and challenges of that 20-year journey and the lessons learned to help inspire you to keep going with your startup…
Success Quote
- “Set a goal to become a millionaire for what it will make of you to achieve it.” – Jim Rohn
Book Recommendation
- “The E Myth: Why Most Businesses Don't Work and What to Do About It” by Michael E. Gerber
- “Good to Great: Why Some Companies Make the Leap…And Others Don't” by Jim Collins
- “How to Get Rich: One of the World's Greatest Entrepreneurs Shares His Secrets” by Felix Dennis
Links, Resources & People Mentioned
Contact Information
Recommended Podcast Episodes
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- Makerpad: How Ben Tossell Bootstrapped a $240K Side-Project - with Ben Tossell [238]
- SaaS Founder Lessons: On Startup Failures, Vulnerability & Leadership - with Dennis van…
- Scratch Your Own Itch for SaaS Success - with Janna Bastow [158]
- What to Do When No One Will Pay for Your SaaS Product - with Ryan Born [228]
- How Carrd's Founder Turned a Side Project into a Profitable SaaS - with AJ [225]
- How to Build a SaaS Brand Without Doing 'Branding' - with Paul Campillo [270]
- Bootstrapping a SaaS from Zero to $55K MRR in 2 Years - with Arvid Kahl [259]
- CinchShare: How a Stay at Home Mom Built a $5M ARR SaaS Company - with Jennifer Johnson…