Episode Length: 36 minutes

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From a young age, Donald Spann wanted to become an entrepreneur because he wanted two simple things: time freedom and financial stability.

Thanks to an over seven-figure exit from Vicky Virtual Receptionists, he achieved this goal.

But getting there was full of twists and turns. Listen to learn how a random Reddit thread, a cleaning business and a spinoff company led to this life-changing sale.

Here’s what you’ll learn:

  • [2:50]: Why Don is hesitant to share the sale price of his business
  • [6:49]: The different businesses Don experimented with after dropping out of college
  • [8:44]: How a Reddit post led Don to launch a company in a niche he knew nothing about
  • [11:34]: The competitive advantage any new local service-based business can lean into
  • [14:46]: How Don launched his virtual assistant company, Vicky Virtual Receptionists
  • [20:55] The value add that differentiated Don’s call center business
  • [24:05]: One of the biggest challenges Don faced in building Vicky Virtual
  • [26:12]: How the acquisition of Vicky Virtual came about unexpectedly
  • [29:16]: What Don experienced when the money from his acquisition actually hit his bank account
  • [31:52]: How Don’s hearing impairment affected how he thinks about business

Thanks, Don, for coming on the show. You can connect with him at CallCenterCash.com.

Thanks to our sponsor for this episode, Chicago Partners, a team of financial advisors who specialize in wealth management. Get their support at ChicagoPartnersLLC.com.

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