The Toolkit

Justin Fortier

Sharing the tools (everything from ideas, skills, and products) admirable people have used to build their career and life.

Episodes

  1. 08/01/2022

    How to buy a company with Doug Lovette, Managing Director at Third Coast Capital Advisors - Advising companies and private equity firms on growth through acquisition

    Buying a company is one of the most expensive purchases possible. Investment bankers facilitate the buying and selling of companies and related financing. This episode focuses on the process of advising companies and investment firms to help the buying go smoothly. Doug Lovette is the founder and Managing Director of Third Coast Capital Advisors, a firm that helps private equity groups and companies develop a strategy to grow by buying other companies. Once the strategy is developed, Doug and his team find companies to buy, secure the interest of business owners and manage all sides throughout the process. This episode is relevant to anyone looking to buy a company, sell their family business or manage a very important relationship. Third Coast Capital Advisors: https://www.thirdcoastca.com/team Find Justin on Twitter: https://twitter.com/justinpfortier Jargon Middle Market = companies between roughly $50M-1B in revenue Sell-side = activities related to selling companies, shares in companies or debt Buy-side = activities related to buying companies, shares in companies or debt Private Equity - investment groups that own private companies (not trading on the stock market) and assets M&A = mergers and acquisitions Merger = joining two companies Acquisition = buying a company Related Videos Wharton panel on growth through acquisition: https://youtu.be/p0Bx6UtherQ Talk on managing client relationships by Goldman Sachs Partner Jim Donovan: https://youtu.be/z8kqCIxXTEw

    39 min
  2. CID - Making a career in music & starting a label #5

    05/25/2020

    CID - Making a career in music & starting a label #5

    House music DJ & producer Carlos Cid (known as CID), joined me to talk about sustaining a career in music, starting his new label, and the steps required to be able to perform music in front of crowds around the world. CID is an incredible producer who has put out songs with Kaskade, Don Diablo, Loud Luxury and official remixes for Diplo, Lizzo an Ellie Goulding. He has over 100 million plays on Spotify and his songs are frequently featured on top playlists and radio shows. His music does very well commercially, but he also embraces a more underground sound for some of his touring, playing top house music clubs in addition to his circuit of larger festivals.  In the episode CID talks about: Making his grammy nominated remix of "Audio"Balancing producing music and performing as a DJLaunching his label "Night Service Only"The importance of the right management teamBuilding your own fan base in the era of SpotifyLanding a weekly Sirius XM radio show and how he puts his episodes togetherRelationships drive success in music CID’s beginnings on Will Joy’s Podcast: https://soundcloud.com/backtobackpod/episode-67-cid CID’s music: Spotify https://soundcloud.com/cidmusic On Google & Youtube, avoid lots of results for an Indian Police Drama TV show by searching, CID Music or cidmusic. For those interested in pursuing a creative, performance-driven career, this Toolkit episode builds on the advice in Ep. 3 Jared Freid.

    1h 3m
  3. Robb McDaniels - Music industry tech, building INgrooves from $0 to $130m in revenue #1

    03/23/2020

    Robb McDaniels - Music industry tech, building INgrooves from $0 to $130m in revenue #1

    Robb McDaniels is a media and technology entrepreneur, investor and current CEO of Beatport. Beatport is an online record store, founded in 2004 as the principal source of music for DJs. In an era dominated by streaming, Beatport has grown its download sales over the last few years. Robb began his career in finance after graduating from Trinity College in Hartford, CT. He then spent four years at Marsh and MacLennan in their investment banking and structured finance unit. During his tenure at Marsh, he moved to San Francisco where he founded INgrooves in 2002. He built the company into a full-service distribution and artist services operation. Under his leadership, INgrooves managed North American digital distribution for Universal Music Group, as well as more than 4 million songs for thousands of artists and labels. As CEO, he grew the company from nothing $130m revenue and nearly 200 employees. Just before becoming Beatport’s CEO, 2016, McDaniels launched Faction Entertainment; technology enabled artist management platform, which he wound down in 2018.  Through discussing his past ventures, Robb provided unique perspectives from across tech, finance and media. His past wins and challenges shed light what it takes to execute an idea from conception to operating at a global scale. Email me at justin@toolkit.fm with any suggestions, comments or questions - I appreciate you listening!

    31 min
5
out of 5
14 Ratings

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Sharing the tools (everything from ideas, skills, and products) admirable people have used to build their career and life.