"I Lasted A Month" After Selling My Business | Craig Kinnersley
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"I Lasted A Month" After Selling My Business | Craig Kinnersley
20 просмотров · 9 дн. назад
Rational Exchange
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20 просмотров · 9 дн. назад
Do you know what your business is worth, or what you want it to be worth?
Craig Kinnersley spent ten years building a bootstrapped loyalty tech business. He bought in, grew his stake to about 61% and sold the IP through a one-year earn-out. Today he runs IN, which looks after private car collections, and he advises founders and boards.
His lesson for anyone selling: know what the business is worth and take the emotion out. Nobody pays you for the weddings and christenings you missed.
Expect to learn:
Why he sold the IP and not the going concern
What a buyer will pay for, and what they won't
How a council licensing list got his drinks into bars before they opened
What a bar owner who threw him out taught him about sales
Why selling in the UK takes longer than in America
The car collection trap: no capital gains tax, but a bigger estate for inheritance tax
Why AI belongs in the background, never at the front
Chapters
00:00 From junior athlete to Red Bull and Stella Artois
02:42 The injury that taught him to use data
05:10 Too much data, and where AI fits
09:55 Thrown out of a Clerkenwell bar, then the deal a month later
12:24 Selling in the UK vs America
18:03 The lonely road to the sale
20:31 Selling the IP, not the company
23:50 Before you sell: take the emotion out
26:32 Life after the exit
30:13 IN: car collections and the inheritance tax trap
32:28 Where he wants to take IN
34:15 Using AI behind the scenes
42:15 AI in law and medicine
48:06 Loyalty then, AI now
52:37 Spotting AI writing on LinkedIn
Connect with Craig
LinkedIn: https://www.linkedin.com/in/craigkinnersley/
Follow Rational Exchange on LinkedIn:
https://www.linkedin.com/in/conor-burchall...