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Chris Schwab

11 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement May 27, 2025 by Chris Schwab · across every show →

On the record as a speaker too: Chris Schwab's record, appearances and statements → this page counts the times other people say the name.

Everything said about Chris Schwab, oldest first

May 27, 2025 positive
Insight
Schwab: Sellers should share post-acquisition transition assets before closing
“The other thing was really helpful that impressed the buyer, and this might be a small tip for others, is to also start preparing post-acquisition stuff before you close, and then share it with the buyer.”
Chris Schwab May 27, 2025 ▶ 28:01 From Side Hustle to Clean Exit in 30 Days
May 27, 2025
Disclosure
Schwab will use exit proceeds for all-cash land purchase in Japan
“The intent for a few months now has been to take the money from the business sale and invest it into a cash buy of the land instead of a mortgage.”
Chris Schwab May 27, 2025 ▶ 32:29 From Side Hustle to Clean Exit in 30 Days
May 27, 2025 negative
Insight
Schwab: Overwhelming buyers with operational details risks canceling acquisitions
“It can be very easy to be too detailed, and you overwhelm the buyer, and then they just go, no thanks, I don't want to deal with this mess.”
Chris Schwab May 27, 2025 ▶ 33:52 From Side Hustle to Clean Exit in 30 Days
May 27, 2025
Assertion Not checkable as stated
Schwab reduced daily workload to five minutes for his cleaning company
“I got running my cleaning company down to less than five minutes a day and my VA company to about an hour a day, sometimes less.”
Chris Schwab May 27, 2025 ▶ 35:48 From Side Hustle to Clean Exit in 30 Days
May 27, 2025
Assertion Not checkable as stated
Schwab signed LOI to sell Innova Local after three weeks
“Such that after just about three weeks, we'd signed an LOI together.”
Chris Schwab May 27, 2025 ▶ 22:02 From Side Hustle to Clean Exit in 30 Days
May 27, 2025
Assertion Not checkable as stated
Schwab closed Innova Local acquisition under 30 days after LOI
“In reality, after the LOI, we closed in less than 30 days, but we, our timelines had matched up very well.”
Chris Schwab May 27, 2025 ▶ 23:31 From Side Hustle to Clean Exit in 30 Days
May 27, 2025 positive
Assertion Not checkable as stated
Innova Local buyer previously scaled IT staffing agencies to $20M-$40M
“So he'd had the experience of taking a company from my current size. To 20, 30, forty million a year. So he'd actually had very specific industry experience of doing this just in the IT industry instead of in the virtual assistant agency world.”
Chris Schwab May 27, 2025 ▶ 20:30 From Side Hustle to Clean Exit in 30 Days
May 27, 2025
Insight
Schwab: Automating your role stalls company growth without defining new goals
“When you take away your own role in your company, you don't know what to do anymore, unless you tell yourself very clearly what your role is going to be moving forward. So I'd had a period of about a year and a half or two years where all my companies were sta…”
Chris Schwab May 27, 2025 ▶ 36:11 From Side Hustle to Clean Exit in 30 Days
May 27, 2025
Assertion Not checkable as stated
Schwab pioneered the remote local cleaning business model in 2016
“I was kind of the pioneer way back in 2016 of what's called the remote local cleaning business model now.”
Chris Schwab May 27, 2025 ▶ 39:24 From Side Hustle to Clean Exit in 30 Days
May 27, 2025 neutral
Assertion Not checkable as stated
Schwab spent just four to eight hours weekly running Innova Local
“I typically spend four to eight hours a week running the business.”
Chris Schwab May 27, 2025 ▶ 9:59 From Side Hustle to Clean Exit in 30 Days
May 27, 2025 neutral
Assertion Not checkable as stated
Schwab simultaneously ran three cleaning companies, a VA agency, and consulting
“So last year I was running several different businesses three cleaning companies and a VA agency and a consulting agency.”
Chris Schwab May 27, 2025 ▶ 10:38 From Side Hustle to Clean Exit in 30 Days
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