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In this week’s episode of Built to Sell Radio, John Warrillow interviews Beate Chelette, the founder of Beate Works, a creative company that she sold to Bill Gates for a significant premium in 2006.
Chelette had built her business to sell from the ground up. For example, her contracts with suppliers included a clause stating the obligations of the contract would “survive” the change of ownership of her company. Small, but important tactics like this allowed Chelette to garner a significant premium for her company.