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Payback Time
Sean Tepper
284 episodes
6 hours ago
Introducing Payback Time, the podcast for entrepreneurs looking to build and scale their startups. Gain access to actionable tips, proven strategies, and valuable data that can help you avoid mistakes, skyrocket sales, and optimize profits. Your business breakthrough may just be an episode away!
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Business
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All content for Payback Time is the property of Sean Tepper and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Introducing Payback Time, the podcast for entrepreneurs looking to build and scale their startups. Gain access to actionable tips, proven strategies, and valuable data that can help you avoid mistakes, skyrocket sales, and optimize profits. Your business breakthrough may just be an episode away!
Show more...
Business
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S5E27 - 5 reasons why a spinout is better than a startup With Andre Laplume
Payback Time
35 minutes 21 seconds
1 year ago
S5E27 - 5 reasons why a spinout is better than a startup With Andre Laplume

We can all agree that creating a startup is hard but there is an easier way to become an entrepreneur with a much higher probability of success.

In this episode of the Payback Time Podcast, Sean's guest Andre Laplume breaks down 5 reasons why a spinout is better than a startup. Andre Laplume is a Professor at the Ted Rogers School of Management and author of the bestselling book 'Spinout Ventures'.

Starting a new business is undeniably challenging, requiring immense effort, dedication, and often a bit of luck. However, spin-out ventures provide an alternative path to entrepreneurship with a higher probability of success. They involve transforming an idea already developed within an existing organization into a separate, standalone business. This approach offers several advantages over traditional startups, making it a compelling option for aspiring entrepreneur

Key Timecodes

  • (00:35) - Show intro and background history
  • (01:28) - Deeper into his career journey
  • (04:39) - Understanding the spin-out venture definition
  • (07:26) - Deeper into his business model
  • (08:40) - Why spin-outs can be more successful than new startups
  • (11:46) - Commercial break (TYKR mobile app)
  • (12:28) - What an entrepreneur need to know to run that type of business
  • (15:56) - How spin-out founders can work together with other companies
  • (19:42) - Where spin-outs can find funding
  • (22:42) - What are the benefits for the parent companies
  • (26:11) - Guest hot tips
  • (28:45) - One more key takeaway from the guest
  • (34:15) - Guest contacts
Payback Time
Introducing Payback Time, the podcast for entrepreneurs looking to build and scale their startups. Gain access to actionable tips, proven strategies, and valuable data that can help you avoid mistakes, skyrocket sales, and optimize profits. Your business breakthrough may just be an episode away!