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Tyler Tringas maintained his independence from beginning to end, starting with bootstrapping his SaaS company and then ultimately navigating the sale alone.
Tyler Tringas was adamant on establishing his SaaS business without the help of external capital.
He founded Storemapper—providing small businesses with a platform to showcase the location of their products in-store to curious consumers—in 2012.
By 2017, Storemapper was seeing $50,000 in monthly recurring revenue with a team of five. Ready to build his next business, Tringas made moves to sell the company, including moving himself away from day-to-day business operations, learning critical questions to ask potential buyers, and maintaining radical transparency to accelerate the sale.
In this episode, you’ll learn:
When Tringas decided to sell Storemapper, his first step was to reclaim his time from day-to-day operations. Learning how to make a business less dependent on the owner is explored in Module 7, Hub & Spoke, of The Value Builder System™. Get started for free right now by completing Module 1.