How Letting Go of Employees Can Sometimes Be Healthy For a Company, How Hiring an External CEO Affects Your Role As a Business Owner, How To Turn Customers Into Your Best Employees

Everyday M&A

Chris Sica co-founded and sold Austin Coding Academy, a coding bootcamp in Austin. Chris takes us through his amazing journey of growing the company, running out of cash (twice), then rebuilding the company to achieve a successful exit. Chris shares with us some key lessons that prepared his company for acquisition:

• How letting go of employees can sometimes be healthy for a company
• Hiring an external CEO doesn't replace your job as a business owner, it simply changes it
• Your best employees are your customers

The business world is unpredictable and full of surprises. Without proper guidance, you put the future of your business at risk. Let the corporate attorneys at Thorsen Legal help you prepare your business for success, whether that's business expansion or business sale.