The Ultimate Business Framework: Lessons After 3 Exits

In this video, I dive deep into the characteristics of what I believe is the ultimate business. After selling all my companies, I've been analyzing the key elements that make up a perfect business model. From having a high percentage of recurring revenue and being a painkiller rather than a vitamin, to ensuring high margins and building it with the intent to sell, I discuss my ideal framework.

00:00 The Ultimate Business Framework
00:38 70% Recurring Revenue
02:21 Painkiller vs Vitamin
03:00 Riding Market Trends
03:54 $10k+ ACV
05:35 High Profit Margins
06:26 Digital-Only (No Inventory)
08:09 High Barriers to Entry
08:56 Building with an Exit in Mind
11:25 Pride in Your Product
12:27 Long-Term Vision