The short answer
Scotty Schindler explains how to build systems that duplicate your capacity, drawing on his experience building and selling a tech business to show what scalable growth actually looks like.
Key takeaways
- The one thing Scotty focused on the whole time he was starting and scaling his business, and how it became part of ReNet’s success managing over 900,000 properties.
- How deciding to stay on and work after the sale led to an 18-month agreement being knocked down to 4 months.
- The two issues Scotty had with exiting and selling his business, one being his interest in staying on and the other relating to succession plans for everyone but himself.
- Scotty’s analogy about buying and selling a business, and how it can help you double your company’s value.
- How Scotty is currently helping other businesses start, scale, and sell their companies, and how he’s working to leave a legacy behind.
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48 minAbout this episode
What would it be like to live your twenties again? Ask Scotty Schindler--he’s doing just that. A born and bred people person, Scotty’s background in computers and insurance led him to the most unlikely conclusion--it wasn’t about what he was selling, it was the strength of his listening skills and team.
Trying not one, not two, but six times to get a kickstarter off the ground in the late 90’s, Scotty’s sixth rendition of a startup was the one that hit home. Going on to become one of Australia’s largest real estate CRM platforms, Scotty’s humble beginnings with a single listing for his in-laws house turned into a multi-million dollar company used in Australia and New Zealand.
Since exiting the business--and knocking down an intended year and a half working agreement to a mere four months--Scotty is focused on three things: leaving a legacy behind for his children, living the life he missed out on in his twenties, and giving away his knowledge and experience to other entrepreneurs for free.
If surfing, building people up, and recognising the importance of listening in a sales conversation sounds of interest to you, I can’t say enough about this all around great guy.
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About Scotty Schindler
Scotty Schindler is a business and sports leader proudly from Sawtell, New South Wales, Australia. As the CEO of ReNet, he was recognised as a leading Aussie business identity, and a keen surfer who has won multiple Surfing Titles. An overview of Scott’s life shows an enviable ability to achieve success in anything he pursues.
At its core, Scott’s career is a story of creativity, hard work and a love of Australian life. As CEO of ReNet, Scott has presided over the growth of a start-up business that began in 2000 with just 1 single property listing advertised. On Scott’s retirement in 2017, ReNet managed 900,000+ properties and $1.125 trillion dollars ($1,125,771,059,045) in real estate across Australia and New Zealand by 5,000+ real estate offices and some 11,000+ real estate salespeople.
In complement to his role as CEO, Scott is also a highly sought-after public speaker, trainer and thought leader within Australia and around the world. A business mentor and sales trainer that can back up advice with proven results in his own life, Scott credits his ‘quintessentially Australian’ identity as a born optimist and clear-cut straight talker, as key to his success in this arena.
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About the show
Buy Grow Sell is hosted by Simon Bedard, founder and managing director of Exit Advisory Group, a boutique mergers and acquisitions advisory firm that helps Australian business owners value, prepare for and navigate a sale. Every conversation draws on real deals and the patterns behind them.
