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:
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:
Discover Latest Episodes
Neil and Eric break down counterintuitive business and marketing truths that actually drive growth, revenue, and long-term success. From why free products beat ads and boring marketing wins, to how AI...
Neil and Eric break down why posting less but better is the fastest way to grow on X, reacting to a deleted Nikita Beer take on wasted reach and low quality engagement. They dive into finding your aut...
In this discussion, we explore how larger companies often face greater inertia and resistance to change, especially when it comes to AI adoption. We reference an insightful Elon Musk interview that hi...