Podcast | Episode 537

Private Equity Acquired and Botched Her Business.  So She Bought it Back.

How often do entrepreneurs get a second chance with their first love? In this episode, join me as I converse with Cathryn Lavery, the founder of BestSelf Co., who navigated the unusual path of selling her business to a private equity firm, only to buy it back after seeing its potential falter under new management. Cathryn shares her initial reasons for selling, the insights from stepping away, and what drove her to reclaim control and re-inject her vision into the brand.

Listen in as Cathryn discusses the strategic maneuvers and negotiations involved in reacquiring her company, how she leveraged AI technology to streamline operations, and the lessons learned from viewing her business through the analytical lens of her buyers. She also dives into the tactical changes implemented post-acquisition to revitalize the brand, ensuring its alignment with her entrepreneurial spirit and long-term objectives.

You’ll learn:

  • Why Catherine initially sold BestSelf Co. and what led her to buy it back. (5:10)
  • Insights into using AI to streamline business operations and reduce cognitive load. (12:15)
  • The negotiation process for reacquiring the company and the advantageous deal secured. (20:30)
  • Practical changes implemented to revitalize and realign the business post-acquisition. (35:40)
  • Catherine’s strategic use of AI in email marketing and product development to enhance efficiency. (42:50)

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(With your host Andrew Youderian of eCommerceFuel.com and Cathryn Lavery of BestSelf Co.)

What Was Mentioned

Andrew Youderian
Post by Andrew Youderian
Founder and Chief Instigator, eComFuel Andrew quit an early finance job to sell CB radios online — an admittedly unorthodox career path. It set him on a course to found and sell multiple businesses, host a decade-running podcast, lecture at Harvard Business School and create eComFuel, the leading community for 7- and 8-figure online business owners. Andrew is fascinated with branding, AI, building community, investing and growing meaningful businesses that don't require sacrificing what truly matters.
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