Josh Delaney of FAB CBD l The $26 Million Dollar Man l Ep 314 [85xuv6HBEZN]
Josh Delaney of FAB CBD l The $26 Million Dollar Man l Ep 314 [85xuv6HBEZN]
| 1h 28m 28s | Video has closed captioning.
Josh Delaney started FAB CBD, an online CBD store, in 2017. Delaney's Mom was his first customer, but his sales quickly went beyond family members. By 2020, through a combination of savvy marketing and good fortune, FAB CBD had risen to more than $10 million in annual sales. In early 2021, Delaney caught the attention of High Tide, a Calgary-based cannabis company that offered him $13 million in cash plus $8 million High Tide shares in return for 80% of FAB CBD (an implied valuation of $25.8 million). π Listen to the podcast here In this episode, you'll discover: β’ How Delaney used affiliate marketing to double his revenue each year leading up to his exit. β’ A breakdown of the two types of affiliate contracts and why Delaney prefers one over the other. β’ The definition of "optionality" and why you want it. β’ Why getting "too romantic" about your company can undermine your negotiating leverage. β’ The one thing you absolutely must ensure if you're going to take any of your sale proceeds in stock of the acquiring company. β’ What "EBITDA arbitrage" is and how to use it in your negotiation to sell. β’ What a put vs. call option is and how to use it to drive a fair deal for yourself. Stay up to date & get notified each week we release a new episode π π₯ Like what you hear? Letβs make it official. ________________________________ π·οΈ ππππππ π½ππππ ππ ππππ β· Official Site: βΊ Facebook: βΊ YouTube: βΊ LinkedIn: βΊ Twitter: πΌ ππππππ πππ πππππΏππ βΊ LinkedIn: #Business #Success #Investment #BusinessTips #Entrepreneur #BusinessValue #ValueBuilder #businessforsale #cbd hemp oil gummies #cbd gummies death #delta 8 and cbd gummies #chongs choice cbd gummies #ra royal gummies cbd
Aired: January 05, 2025
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