From Homelessness to £1 Billion Deals: Dean Forbes's Incredible Journey
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- Опубліковано 8 лип 2024
- Join us as we dive into the incredible journey of Dean Forbes, a business leader who turned challenges into triumphs. Discover how he sold KDS to American Express for 125 million euros after being thrown out of their building twice. Learn about his early struggles, being £89,000 in debt at 18, and the pivotal lessons he learned, like never taking anything personal in business and always having competitive leverage.
Explore the process of selling Forterro for 1 billion euros, and how he made American Express raise their offer from 6 million to 125 million. Gain insights into the keys to being an effective CEO, the unique challenges he faces as a Black CEO in Europe, and how higher interest rates impact M&A deals.
Understand how tech companies determine their valuations and how Dean overcame imposter syndrome. This story is a testament to the power of perseverance, strategic thinking, and leveraging success to negotiate higher equity. Don't miss it!
#DeanForbes #BusinessSuccess #Entrepreneurship #NegotiationSkills #CEO #MergersAndAcquisitions #BusinessLessons #TechValuations #ImposterSyndrome #CompetitiveLeverage #BusinessJourney #Leadership #AmericanExpress #Forterro #businesschallenges
0:00 Intro
2:43 Early Career in Football, Experiencing Homelessness, & Starting Sales
11:19 Lessons in Negotiating with American Express
24:30 Why Competitive Tension & Leverage is Key
30:24 What Actually Moves the Valuation Needle in Companies
34:14 Experiences with Racism in European Countries
38:05 The Forterro Story: Selling A Company for 1 Billion Euros
43:35 Relationship with Old Footballing Peers
52:21 Delegating Authority Effectively when Dealing with Different Countries
1:00:13 Creating System for a Company ahead of Exiting
1:04:39 The Most Unique Trait that Leads to success
1:07:06 Dean’s View on other Assets: Real Estate, Crypto, Etc
1:10:47 Outro & Dean’s Foundation
His level of focus and humility says it all, I was impressed and moved by this interview. The most impressive was him not internalizing racism because of his goals and also when he said there is no number for him but to have "time and choice" that blew me away...it goes to show that there are so many levels to wealth. Quiet wealth speaks volumes
EYL - I was born and lived the majority of my life in the UK. I've been an avid follower of you both since your outset. Thank you for interviewing Dean (who I'd never heard about). I'm so impressed at his awesome achievements and thank you for the works and information that you continue to share amongst the community. Love you guys. Guidance and protection always.
One of my favorite interviews. He’s locked in and focused. I learned a lot!
Having the "exit" conversation is very important to begin for Black founders because your children might not want to run the business you created.
Great interview! Can't wait for him to come back when he reaches his $4B goal!!
Greetings! I wonder what those CEO's are saying now? He is like a James Bond in business! I LOVE this interview! This is a MASTER Class! Thanks!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Dean is a Big inspiration. Local Lewisham goat
Dean is a massive inspiration for Black British visionaries. Laser focus, humility, and a WILL to share wisdom. Legendary ish. Thank you Dean 🙏🏾
There is a lot of nuance is this conversation. I got a lightbulb in the first 20 minutes. I’m in sales and exploring, how to leverage my experience to create more opportunity for myself. Thank you 💡
I value your perspective and content.Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 2.2Biitcoin to a decent 11.4Biitcoin. At the heart of this evolution is Whitney Eston , whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment..
She's mostly interacts on Telegrams, using the user-name.
@WhitneyEston
sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journey!
Well this is not my first time of seeing her name on social platform. I think she's extremely brilliant and lucrative at the same time...
I have been working with Whitney for about a year now, her total professionals has delivered solutions well above my expectations, all thanks for putting this out here.
S/o to the good brothas at EYL for sharing this interview! I seen the video of Dean Forbes celebrating after closing the deal that made him a Billionaire on TikTok. So inspirational!
I enjoyed how he just gave facts and he talked about business. There was nothing self boasting about him. No motivational quotes.. lol.. no you need to be this or that … just told his story. The calm energy was the best thing!
I can relate a lot to this guy. I started a self funded private equity firm 2.5 years ago with $800 CAD and grew it to a company now worth $2.2M CAD. Most from acquiring undervalued Shopify stores and reselling for upwards of 500%. I wish more people understood the private equity/investment game. Life changing
This man is zoned in. Excellent stuff chaps
6 to 12 to 125 , thanks for sharing that story
Amazing negotiation and business skills, prowess and confidence. Love it. ❤
Great guy. Interesting to see such people via this platform doing great.
This was extremely empowering. Thank you.
Legendary interview!! Dean Forbes is the is the product of what can happen when you focus on your goals, stay humble and don't allow ANYTHING to get in the way!
Bdd
This is my guys, always taking it around the world and shining light on the culture worldwide 💯🐝🙌🏾
The interview was phenomenal. His energy was level headed. The love story in the beginning though little was stated spoke mounds about the character, belief & insight she had in him to allow him to get his grounding to be able to build properly. It was a refreshing take. Thank you for the interview.
Great interview - proud 🇬🇧🇬🇧🇯🇲🇯🇲
Straight Gems 💎
Big up love from guyana
More blessings your way 🙏💯
Legendary
This a real inspirational video
A great conversation, will surely apply these teachings wherever I can. Thank you.
Been waiting for this 👏🏾🔥
Now this is motivational 🎉🎉🎉🎉🎉
Awesome thank 🎉you
Half way through this video and its brilliant. Funny story on the deal with Amex, great insight!
This is the best episode I've listened to congratulations and thanks for the inspiration...continued inspiration
Powerful!
Amazing interview of an amazing guy. Thank you EYL you guys are awesome 😮❤
That King Good ❤️✌🏾✊🏾
Despite all the financial struggles I and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord
Do you invest with a professional broker?? I'd appreciate it if you showed me how to go about it.
Thanks to Mrs. Elizabeth Regina Nelsen's time in my life, which had a profound impact on me.
Wow! Kind of in shock you mentioned expert, Elizabeth Regina Nelsen. What a coincidence!!
Elizabeth Regina Nelsen has set a precedent for others to follow. We cherish her here in the UK as she has been extremely helpful and made a lot of lives better.
Life is easier when the cash keeps popping
in, thanks to Elizabeth Regina Nelsen's services. Glad she's getting the recognition she deserves.
To achieve this level is amazing. Interesting to know Deans story I actually didn’t know any of this. It shows you how much money is in tech.
Great interview, someone killing it in the corporate landscape!
This one’s for the ages
Salutes
This man is so inspiring! His life so far should be a movie
good on you bro
Motivational
So focused on the Goal...Couldn't even see the Racism in the Room💯💰
Amazing conversation
Great interview 👌🏾You get what you bargain & advocate Fr
This was good. Can we get more topics around business acquisition? 🗝🗝🗝
LONDON STAND UP
Excellent interview.
A true entrepreneur!
Great story. I think he could have been interviewed better. ELY you need to do your research that way your interviews don’t sound like an interrogation. It’s an art form interviewing people and it’s a skill that can be learnt. Having said that, great job for bringing light to these great minds.
amazing dude
This guys is an absolute legend! Brilliant podcast
This dude is 🔥 great interview
Great interview….y’all asked all the right questions….i noticed when y’all really interested in the person the better the questions lol
Excellent. insightful and inspiring interview. Very great questions EYL👏🏿 👏🏿 👏🏿. The best thing about it is no course to sell because he paid full price and gave it to us for free
Dean is brilliant! #expertnegotiator
FRFR yall be meeting the dopest ppl! This dude knows how to navigate in the business world.
Some people just got the juice it’s great to see men flowing in their field
46:00
55:00
Knocked it out the park as usual. Did he go to business school or did garnered his business prowess on the fly ?
Gained experience on the job, working his way up from the very bottom. I believe he’s mentioned he got some mentoring from very influential ppl in the businesses who saw his potential.
A hostile is a really cheap shared room hotel not a shelter.You have to pay to stay there but the bed maybe $15.00 a night and you share your room and a communal bathroom.
34:47 Rashad: *Don’t hold back*
20:00
1:04:00
8:00
Question, How do other companies find out what the other company is doing. With his second company Amex knew he was negotiating with mastercard. Is this information leak to the press or something to alert the competition or is it a mole type play?
GT Massive!
Y’all keep trying to force a race issue. He told you all that ain’t it. It’s amazing how some attempt to project their issues on others.
Tf. 21k views .. mfs sleep. Still good though #wealthy
The shoulders you guys have had the opportunity to rub against is monumental and so motivational, watching you guys over the years has exposed me to so much that the world has to offer. Thank you so much for being you 👏🏾👏🏾🙏🏾🫶🏾