How To Build and Grow a Tech-Enabled Service Provider With Sean Frank

Описание: Sean Frank is the Founder and Managing Partner of Cloud Equity Group, a Wall Street-based asset management firm. He started his career as an entrepreneur and businessman at 12, building what became a web-hosting company. Over the past two decades, he has acquired significant expertise in all aspects of private equity investing, leading to the founding of Cloud Equity Group in 2013. Sean is also a keynote speaker and mentor to young entrepreneurs.

In this episode of the Smart Business Revolution Podcast, John Corcoran is joined by Sean Frank, the Founder and Managing Partner of Cloud Equity Group, to talk about building a tech-enabled service provider. They also discuss the evolution of Sean's business, how to overcome age bias in the private equity space, and tips for thriving in a highly competitive industry.

Here’s a glimpse of what you’ll hear:

• [0:00] Intro
• [01:35] How a 12-year-old Sean Frank started a web-hosting business
• [06:50] Strategies for building a recurring revenue business model
• [09:35] How to thrive in a highly competitive industry
• [11:16] Sean's experience hiring his first employees and building a legitimate business in middle school
• [15:24] The value of starting a business at an early age
• [17:52] Sean's early business acquisitions and his entry into private equity
• [29:03] The challenges young entrepreneurs face in getting capital
• [31:11] Why Sean acquires digital ventures — and his tips for managing sellers' emotions during M&A transactions
• [39:28] The people who have influenced Sean's career significantly

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