150: How To Build a Scalable Business with Alex Neist, Founder of Hostage Tape

Welcome back to the Succession Stories podcast. If you’re not already, please give me a follow on LinkedIn and Instagram @lauriebarkman. Be sure to subscribe, and if you enjoy the show, please leave us a review! Go to RateThisPodcast.com/successionstories.  Today we welcome Alex Neist, a serial entrepreneur and former professional athlete. Alex is the founder of Hostage Tape, a health enhancement product that has quickly scaled into an e-commerce powerhouse, generating seven figures in monthly revenue. Alex shares his succession stories from AFL quarterback, to tech company founder, and selling the business to a strategic buyer in a cash and equity deal. You’ll want to hear why Alex decided to leave once his equity vested, and his journey of self-reflection and personal challenges to overcome. Eventually it led to the origin story behind Hostage Tape and how he’s creating scalable businesses around commodity products. Alex believes that to get better, you have to be able to confront failure. Enjoy this Succession Stories episode about how to build a scalable business with Alex Neist. Find Alex Neist Here: https://instagram.com/hostagetape ❤️ Show us the love on Rate This Podcast: https://ratethispodcast.com/successionstories _______________________________________ SIGN-UP FOR NEW MASTERCLASS TO MAXIMIZE VALUE AND EXIT ON YOUR TERMS: "Endgame Entrepreneurship: Build With The Exit In Mind" https://thebusinesstransitionsherpa.com/course/ _______________________________________ Embark on a journey of understanding and practical application as we navigate the realms of building a scalable business, unveiling the potential for growth and empowerment. Unlock deeper insights into the transformative realm of entrepreneurship and scalability by engaging with us through various social media platforms: My Links: 🌐 Website: https://TheBusinessTransitionSherpa.com ⏰️ Meet With Laurie: https://thebusinesstransitionsherpa.com/connect/ 📘 Book: "The Business Transition Handbook: How to Avoid Succession Pitfalls and Create Valuable Exit Options" 🎙 Podcast: https://podfollow.com/succession-stories 🎥 YouTube: https://www.youtube.com/@TheBusinessTransitionSherpa 😎 Instagram: https://www.instagram.com/lauriebarkman/ ✖️ Twitter: https://twitter.com/LaurieBarkman 😺 TikTok: https://www.tiktok.com/@businesstransitionsherpa _______________________________________ 📘 THE BUSINESS TRANSITION HANDBOOK: Get a free PDF copy of "The Business Transition Handbook" by author Laurie Barkman:  https://thebusinesstransitionhandbook.com        

Om Podcasten

Succession Stories is an award-winning podcast guiding entrepreneurs from transition to transaction hosted by Laurie Barkman, The Business Transition Sherpa®. Succession Stories explores the entrepreneurial stages of a business from growth to maturity focusing on value creation, exit planning, succession, and M&A for owner-led companies. If you are an entrepreneur looking for inspiration to create a more valuable business, or an owner who wants to figure out the best way to transition or sell their closely held company, this podcast is for you. Hosted by Laurie Barkman, Amazon best-selling author of "The Business Transition Handbook: How to Avoid Transition Pitfalls and Create Valuable Exit Options." Learn more about Laurie's strategic business transition planning and M&A advisory services by visiting: https://thebusinesstransitionsherpa.com