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As the founder and CEO of [solidcore], I’ve had the privilege of building a successful business from scratch. Today, I’m excited to share my formula for how I was able to build and sell [solidcore] for $100 million.
First and foremost, it’s essential to have a clear vision and purpose. As an entrepreneur, you must know what drives you and what your niche is. For me, that meant building a community-driven business that not only helps people physically but also mentally and emotionally. I’ve always been passionate about creating a space where people can come together and feel empowered.
Another crucial aspect is being willing to take risks. As an entrepreneur, you’ll face uncertainty and doubt at some point. It’s up to you to decide whether to push through the fear or let it hold you back. For me, that meant putting in $175,000 of my own money and working tirelessly for years to bring [solidcore] to life.
It’s also vital to have a solid team behind you. You can’t do it alone! I’ve been fortunate enough to surround myself with talented individuals who share my vision and are committed to the same mission. It’s crucial to find people who will support and empower you throughout your journey.
Of course, building a successful business requires hard work and dedication. There were many late nights, early mornings, and weekends spent on [solidcore]. But it was all worth it in the end.
I also wanted to emphasize the importance of being strategic about exit options. If you want an exit, make sure you understand your buyer’s needs and build a business that will be attractive to them. In my case, I knew when the time was right for me to step away from [solidcore], so I took control by negotiating a deal with Kohlberg & Company.
And lastly, don’t underestimate the power of having a great lawyer! When it comes to deals, make sure you invest in someone who will protect your interests and help you think critically about potential outcomes. In my experience, this investment paid off tenfold.
Ultimately, building and selling [solidcore] for $100 million wasn’t just about me; it was about the impact I made along the way. I’m proud to have created a community that has helped millions of people transform their lives through fitness.
Source: https://www.forbes.com/sites/shimiteobialo/2025/03/26/solidcore-founder-shares-formula-for-how-she-built-and-sold-company-for-100m/
