Achieving a 13x Multiple Exit with Andrew Christodoulides

The Exit - Presented By Flippa

This week on The Exit: Andrew Christodoulides’s family immigrated to the US to pursue a better life. During his first year of college, a setback occurred when his father lost his job, compelling Andrew to find additional ways to support his family. Andrew was studying and working at the same time, and his boss at the time asked him to research call center outsourcing companies. Discovering the costs involved in the industry, Andrew had the idea to start his own company: Acena. As time passed, Acena flourished with 75 employees and a long list of established clients, predominantly operating in the Ecom niche. That’s when the exit offers started approaching. Andrew simply couldn't ignore the opportunity when a straightforward negotiation yielded an offer at a staggering 13x multiple. Andrew reflects on his experience, the inception of his new venture, Applaudable, and much more on this episode of The Exit. Andrew Christodoulides is a 3-time Founding entrepreneur and he is currently the CEO and Founder of Applaudable, which is a new and more meaningful social platform. Andrew also founded an outsourcing call center based company in February of 1998 called Acena, and was able to exit after over 12 years of being behind the company. LinkedIn: https://www.linkedin.com/in/andrewchris/ Andrew’s Current Company: https://www.applaudable.com/ Invest in Applaudable : https://www.startengine.com/offering/applaudable For a Free Flippa Business Valuation: flippa.com/freevaluation -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/