In episode #1205, we share the best things you can learn from Constellation Software. Through strategic acquisitions and looking for markets with a big total addressable market (TAM), they’ve managed to skyrocket to success. Tune in to hear more about the founder Mark Leonard and how they leverage the Berkshire Hathaway model. TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: What You Can Learn from a $20 Billion Company. [00:32] Constellation Software: where they are based, their market cap, and company size. [00:56] How they are unique and what they do with other software businesses they buy. [01:52] Their model of simply maintaining the current revenue. [02:07] They type of companies they seem to be interested in buying and their criteria. [02:43] How they’re making money from companies that are under the radar. [03:13] You don’t have to do something well known to make money. [03:36] Looking for markets that have a big total addressable market (TAM). [03:52] The mistake of going after businesses that are in niches. [04:23] Why you don’t need a lot of press — just look at Mark Leonard. [04:37] Why Constellation follows the Berkshire Hathaway model. [05:20] That’s it for today! [05:48] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information. Links Mentioned in Today’s Episode: Constellation Software Fortive SEMrush Ahrefs Mark Leonard Berkshire Hathaway Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Neilpatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.
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