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Ep 516 Exit Story: How Joyride Fetched 7× Revenue for a Business Selling Abandoned Cars

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Manage episode 514143275 series 81572
Content provided by Hosted by John Warrillow, the creator of The Value Builder System™. and John Warrillow. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hosted by John Warrillow, the creator of The Value Builder System™. and John Warrillow or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most cities have a problem: what to do with cars that get towed and never picked up. They pile up in impound lots—taking up space and tying up cash. Stan Markuze helped solve that problem by co-founding Joyride Auto, an online auction platform where repair shops, scrap dealers, and car enthusiasts can buy those abandoned vehicles directly from the lot.

In this episode, Stan shares how he and his co-founders built a cash-flow-positive business that turned a clunky, paper-based process into a digital marketplace—and sold it to a private-equity firm for seven times revenue in just two years.

  continue reading

522 episodes

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iconShare
 
Manage episode 514143275 series 81572
Content provided by Hosted by John Warrillow, the creator of The Value Builder System™. and John Warrillow. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Hosted by John Warrillow, the creator of The Value Builder System™. and John Warrillow or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Most cities have a problem: what to do with cars that get towed and never picked up. They pile up in impound lots—taking up space and tying up cash. Stan Markuze helped solve that problem by co-founding Joyride Auto, an online auction platform where repair shops, scrap dealers, and car enthusiasts can buy those abandoned vehicles directly from the lot.

In this episode, Stan shares how he and his co-founders built a cash-flow-positive business that turned a clunky, paper-based process into a digital marketplace—and sold it to a private-equity firm for seven times revenue in just two years.

  continue reading

522 episodes

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