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The Tech M&A Podcast


The Tech M&A Podcast is presented by Corum Group, the global leader in tech M&A. The podcast features special reports on sectors, buyers, trends and M&A processes, as well as panel discussions and Q&A featuring both recent sellers and major tech buyers like Google, Microsoft, Salesforce and others.

Nov 19, 2024

In this episode of the Tech M&A Podcast, Andrew McConnell, co-founder and CEO of Rented, shares his journey of building a pricing optimization engine for vacation rentals and the eventual sale of the company. He discusses the market dynamics that led to the sale, the importance of having a strong team, and the mindset shifts necessary for personal growth. Andrew also emphasizes the significance of reclaiming ownership of one's thoughts and crafting a fulfilling life post-sale, including his travel experiences and advice for entrepreneurs.
takeaways
  • The market dynamics can dictate the timing of a sale.
  • Having a strong team is crucial during transitions.
  • Your mindset is your most valuable asset.
  • Don't wait for a sale to start living your desired life.
  • Understanding what you are running to is essential for clarity.
  • Post-sale life can be fulfilling if crafted intentionally.
  • Travel can enrich life experiences after a business exit.
  • It's important to separate your identity from your business role.
  • Reclaiming ownership of your thoughts can lead to personal growth.
  • Seeking help from experts can make a significant difference.
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Chapters
00:00 Introduction to Tech M&A Podcast
01:04 The Journey of Rented and Market Dynamics
03:51 Balancing Business and Personal Growth
05:47 The Concept of Ownership and Mindset
09:14 Life After the Sale and Travel Adventures
11:11 Crafting Your Desired Life
12:08 Final Thoughts and Recommendations