People With Purpose podcast

Nick Weiksner - Scale & Sell

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For this episode, David is joined by Nick Weiksner who is CEO of South Col, which is described as an accelerator fund partnering with E-commerce businesses to help founders, pick it up, make it grow, and then get a successful exit.

Nick explains how South Col does this and what entrepreneurs should look for in an investor partner.

 

KEY TAKEAWAYS

  • South Col is the last face of Mount Everest, a hard face that must be climbed to reach the summit.
  • South Col acts as a kind of Sherpa to carry some of the stuff for entrepreneurs who are pushing their businesses to reach the peak of performance, so they can exit and sell for the best price.
  • Once you have made a business decision, get it done and don’t look back.
  • If a company is not communicating effectively, that issue can be fixed in just a few months.
  • Nick only collaborates with entrepreneurs who have something that they care passionately about, a strong purpose.
  • Be crystal clear on your niche, and your focus. Exhaust it before you move on to something else.
  • Be honest with potential investor partners about what you need.
  • If you need capital, don´t be shy about asking for it.
  • If you need advice and support, make sure that regular contact is scheduled.
  • Typically, it takes a year to get a business ready for sale.

 

BEST MOMENTS

‘You can continue growing your underlying business, but you have to have something transformative,’

‘I’m driven by data.’

‘I've never run my lemonade stand the way I want to run it. I've always run it, with outside investors, there's a board.’

  

GUEST AND EPISODE RESOURCES

Traction by Gino Wickman / https://www.amazon.co.uk/Traction-Get-Grip-Your-Business-ebook/dp/B007QWLLV2

https://www.southcol.co/

Email: [email protected]

 

ABOUT THE SHOW

People with purpose make a difference. Imagine a world where more people can just get their purpose out of them, into a plan and then actually make it happen. What a world that would be - People everywhere finding meaning and harnessing that to bring inspiration and energy to each and every day, changing lives for the better. But no one ever achieved anything on their own - we all have something unique to bring and that means we all have to play our part - if we want to go far, we have to go together and lead or serve towards a vision of the world we want to see. Everyone has a story to tell, and this show is where these stories come to life.

 

ABOUT THE HOST

David Roberts is a highly regarded CEO, mentor, and investor with 30 years of experience across multiple sectors. As an intrapreneur and entrepreneur, David has bought, grown, started and sold several businesses, working with values-driven start-ups, award-winning SMEs, and multinational corporations on strategies for service excellence, leadership, and profitable growth. David’s passion is for purpose and creating an environment where everyone can succeed, through building teams that get things done, execute on their mission with passion, deliver exceptional service and really make a difference.

 

ARTWORK CREDIT

 

Penny Roberts - https://www.instagram.com/penpennypencils

 

CONTACT METHODS

LinkedIn - https://www.linkedin.com/in/david-roberts-nu-heat/

Facebook - https://www.facebook.com/DavidRobertsPeopleWithPurpose

Instagram - https://www.instagram.com/davidcroberts_/

Clubhouse - https://www.clubhouse.com/@davidcroberts?utm_medium=ch_profile&utm_campaign=MBv1ubya1-oOBXc_uQKFHw-46334

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