Successfully Selling Without “Ever Going to Market”

Successfully Selling Without “Ever Going to Market”

Jon Morris

Jon MorrisJon Morris is the Chief Executive Officer of Ramsay Innovations, which provides world-class finance management for agencies. Previously, he was the Founder and CEO of Rise Interactive, a digital marketing agency. Jon sold Rise Interactive as one of the largest independent digital agencies in the world 16 years after starting it. He attributes his success to a financial infrastructure that provided insights for sound strategic planning. 

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Here’s a glimpse of what you’ll learn:

  • Jon Morris describes the successful exit of Rise Interactive and the beginning of Ramsay Innovations
  • Why Jon decided to sell Rise Interactive 
  • What makes a great business partner?
  • Is there anything Jon would change about how the transaction was structured?

In this episode…

Some founders sell their company only to find out later that they could have made a lot more money out of the transaction. How do you find somebody who will take care of your brainchild and give you a fair deal?

CEO of Ramsay Innovations and former Founder and CEO of Rise Interactive, Jon Morris, shares how he found a great partner to sell his company to. With host Todd Taskey, Jon shares why he is completely happy with how the transaction turned out, how they structured the sale fairly, and why he decided to start Ramsay Innovations soon after his exit.

Resources Mentioned in this episode

Sponsor for this episode…

This episode is brought to you by Potomac Business Capital, where we help businesses in the lower middle market maximize their value.

By putting a unique twist on the typical banking process, we create satisfied, wealthy clients who make an impact on the world.

Over the past 15 years, we have perfected our strategies for M&A advising and exit planning to guide clients through everything — from pre-deal planning to closing.

To learn more, visit potomacbusinesscapital.com or email todd@potomacbusinesscapital.com.

This episode is also brought to you by Trivest.

Trivest is a top private equity firm created specifically for founders and family-owned companies. They have completed 300+ transactions and are on Inc. Magazine’s Founder Friendly list for 2019 and 2020.

To learn more about Trivest, visit Trivest.com/secondbite.