Eric (the money guy) & Brian (the product guy) Dosal share their experience of starting, scaling and ultimately selling BrightGauge, their self-funded, 35 employee SaaS business back in 2019. They share an honest and open account of why they decided to sell while it was still very profitable and experiencing rapid (50% year-on-year) growth.
They share the lessons learned in starting a company in San Francisco and then moving it back to their hometown, Miami, FL and the reasons why they took the decision to sell the company. They were not VC funded and had no pressure to sell. Even with a great culture, great team, great everything, it still could be a great idea to sell. AFTER selling, there are still things to do but it’s OK to take a break and/or start a new project.
Hear their takeaways from the experience, and learn how and why to finish big and leave on top.
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Brian Dosal
Brian cofounded BrightGauge Software in 2010 stemming from the personal need to consolidate data from multiple datasources in his IT Services business.
In the years since launching, he focused deeply on how small businesses use their data to help grow their businesses and how BrightGauge could be the catalyst for that growth. Before BrightGauge, Brian built the sales and marketing engine of Compuquip’s Managed IT Services division, which he and his brother sold to Konica Minolta’s All Covered Division in 2012. He sold the business to Continuum Managed Services in 2019 after listening to Peldi’s talk at last year’s BoS Conference. He is now taking long holidays and working on his new startup, Strety.
Eric Dosal
Eric is a reformed financier and 4th generation entrepreneur who spent two years on Wall Street helping clients raise over $20 billion.
He returned to Miami to join the family business – Compuquip – started in 1980 by his mother and father. This move gave him a chance to capitalize on his investment banking skills where he played a key role in expanding Compuquip, supporting its growth and diversification. He co-founded BrightGauge Software in 2010 with his brother and selling the Compuquip Managed IT Services division to Konica Minolta’s All Covered Division in 2012.
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