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Buying Out A Business Partner (Who Is Also Your Twin Brother) with Gabe and Jack Whitehead
Manage episode 461286264 series 3638634
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In this episode of The Exit Plan, Barnaby Cook interviews Gabe and Jack, co-founders of The Shoots Group, a video agency. The twins share their journey of starting the business, scaling it, and eventually deciding to go their separate ways. They discuss the challenges of running multiple brands, the importance of alignment in business partnerships, and the process of negotiating and finalizing their buyout agreement. Jack is now focused on growing the Finance Shoots brand, while Gabe is exploring new opportunities in the video agency space. Takeaways
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- Starting a business with a partner can be a rewarding experience, but it's important to regularly reassess and align on long-term goals.
- Scaling a business requires careful delegation and a clear vision for the future.
- Negotiating a buyout agreement can be a complex process, but it's important to find a mutually beneficial solution.
- Personal relationships and communication are key to navigating the challenges of running a business with a partner.
- Finding alignment between the work you want to do, the business model, and your clients is crucial for long-term success.
Thanks to Forever Audio for hosting us - check out their facilities here: https://foreveraudio.com/
Get in touch with Gabe Whitehead: https://www.linkedin.com/in/gabrieljwhitehead/
Get in touch with Jack Whitehead: https://www.linkedin.com/in/jack-whitehead-%F0%9F%8E%AC-894ba6150/
Join The Exit Plan mailing list: http://eepurl.com/iC8sIY
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