{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Moneywise","title":"He Sold for $200M – Then Watched the Business Implode","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/1ba563f9\"></iframe>","width":"100%","height":180,"duration":1997,"description":"Stop making million dollar decisions alone. Hampton gives you a personal board of eight vetted founders in your city who meet monthly to tackle your hardest problems. Find your group: joinhampton.com\n\nKory Mitchell built a blue collar asbestos business and sold it for $200M. When he stepped back, everything started to fall apart. A new CEO lost millions. The culture cracked. Kory came back to fix it, then walked away on his own terms. This is what happens when scaling works…until it doesn’t.\nHere’s what we talk about:\nBuying blue collar businesses: the unsexy but ultra-profitable path to serious scale\nWhy adding debt transformed their trajectory – and nearly broke the company\nWhat not to do after an exit: the new CEO that lost $12M in 6 projects\nThe hidden tax of scale: how managing founders who’ve “already made their money” can kill your business\nHow to build trust during M&A, and the warning signs that should make you walk\nLessons in culture, integration, and the real cost of bad communication\nThe burnout that followed a $200M exit, and why Kory walked away\nSabbaticals, Porsches, and starting over: what post-exit life really looks like\nThe secret to finding off-market deals, and why PE firms keep asking Kory for help\nWho shouldn’t do M&A (and why doing it while your house is on fire is a terrible idea)\nCool Links:\nHampton https://www.joinhampton.com/\nLower Street https://www.lowerstreet.co/\nKory Mitchell https://www.linkedin.com/in/korylmitchell \nSponsors:\nGet US caliber talent at offshore prices with https://www.oceanstalent.com/\nAchieve your dream body with https://www.dailybodycoach.com/moneywise\nProtect your upside and get your time back at https://www.cressetcapital.com/moneywise\nChapters:\n(01:54) Growing Up Blue Collar & Family Business Roots\n(03:09) Taking the Leap: Debt and Aggressive Growth\n(05:53) Merging, Scaling, and Learning from Private Equity\n(08:19) Managing People: The Human Side of M&A\n(13:18) Integration and Building Company Culture\n(19:25)...","thumbnail_url":"https://img.transistorcdn.com/vCvB-0dtzg339Iof9Uhri-E5Cu1YvE_goNcKch75CeI/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZTZj/OWRiMTI3NjI1YWUy/MWY4ZWJkOTU2YzFl/NzE0Mi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}