1015: CAGR Investments: Start, Develop, And Sell A Small Business with LaSean Smith

Do you run a successful small business and want to sell it? Or are you the one who struggles to develop your business and is wondering how you can accelerate your path toward success? Either way, both processes are complicated to do, especially if you are new to it. Thus, having a trustworthy expert by your side is a must. And that’s where CAGR investment will come to your aid.

LaSean Smith is the Investor and founder of CAGR Investments, a micro-private equity firm that provides permanent capital to businesses that create leverage through audience and automation. LaSean is an expert in acquiring and incubating small businesses across the world, with the goal of helping them in that journey. Tune in as LaSean talks about leveraging AI tools in business processes, entrepreneurship strategies, buying and growing businesses, mistakes in business operations, and more.

Quotes

“The more you can introduce an asynchronous process where the business runs decoupled from your scheduled calendar time is super critical.” – LaSean Smith

“Part of being an investor, part of that journey is embracing your failures and having a broad enough kind of capital stack so you can keep showing up to play the game the next day.” – LaSean Smith

“Pick the right lane. You can do all the right things in business. A lot of it is just about executing the fundamentals, and that'll go a long way many times than being extra sophisticated. But if you pick the wrong lane, you can still underperform your potential.” – LaSean Smith

Takeaways

01:16 Documenting business processes is crucial to effectively integrate AI tools like ChatGPT and avoid reinventing the wheel.

07:52 Identifying a specific, painful, urgent, and recurring problem in the target market is essential for business success.

13:12 Building an asynchronous process and embracing a sales mindset focused on helping customers make informed decisions are common challenges that businesses need to overcome.

19:23 Overcoming self-limiting beliefs and being willing to learn from failures are important for entrepreneurial growth.

24:27 Choosing the right industry, discipline, and skill set ("picking the right lane") can significantly impact a business's potential for success.

Resources

Podcast: Play in new window | Download (Duration: 26:01 — 35.7MB) | Embed

Subscribe: Apple Podcasts | Spotify | Amazon Music | iHeartRadio | Podchaser | RSS

Filed in: Interview • Podcast

Comments are closed.

«
»

↑ Back to Top