# The $50 Million Mistake: Private Equity Secrets to Selling Your Business for 11x EBITDA with Alexis Sikorsky Page: https://stenobird.com/podcast/the-exit-presented-by-flippa-2008365/the-50-million-mistake-private-equity-secrets-to-selling-your-business-for-11x-ebitda-with-alexis-sikorsky Text version: https://stenobird.com/podcast/the-exit-presented-by-flippa-2008365/the-50-million-mistake-private-equity-secrets-to-selling-your-business-for-11x-ebitda-with-alexis-sikorsky.md Podcast: [The Exit - Presented By Flippa](https://stenobird.com/podcast/the-exit-presented-by-flippa-2008365) Published: 2025-12-22T10:00:53+00:00 Episode link: https://soundcloud.com/theexitpodcast/the-50-million-mistake-private-equity-secrets-to-selling-your-business-for-11x-ebitda-with-alexis-sikorsky Audio file: http://dts.podtrac.com/redirect.mp3/feeds.soundcloud.com/stream/2234091494-theexitpodcast-the-50-million-mistake-private-equity-secrets-to-selling-your-business-for-11x-ebitda-with-alexis-sikorsky.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-exit-presented-by-flippa-2008365/episodes/the-50-million-mistake-private-equity-secrets-to-selling-your-business-for-11x-ebitda-with-alexis-sikorsky Duration seconds: 2075 ## Resource Want a quick estimate of how much your business is worth? With our free valuation calculator, answer a few questions about your business, and you’ll get an immediate estimate of the value of your business. You might be surprised by how much you can get for it: https://flippa.com/exit -- Are you running your business, or is it running you? In this episode, we sit down with Alexis Sikorsky, co-founder of Nightscale, who reveals the brutal truth about the "Grind" and the specific strategies he used to exit his banking software company for a massive multiple. If you are a founder stuck at the $5M–$10M revenue plateau, this episode is a masterclass in cashing out. Alexis breaks down the "$50 Million Mistake", a calculation of the money and time he lost by not knowing the secrets of Private Equity earlier, and how you can avoid it. What You’ll Learn: The "Fish and Chip" Trap: How Private Equity firms lure founders with high valuations only to chip away at the price during due diligence—and how to stop them. Nominal EBITDA vs. EBITDA: The financial metric that matters more than your bottom line. Learn how "dressing the bride" and identifying add-backs can instantly increase your valuation. The Magic Number: Why a $40M valuation is the specific target for a lifestyle where you never have to touch your capital again. The Due Diligence Reverse Card: How to investigate a PE firm by calling the founders they don't want you to talk to. Escaping the Operator Trap: Why you need to fire yourself from day-to-day operations to make your company sellable. -- Alexis Sikorsky is a seasoned entrepreneur, strategic advisor, and #1 international best-selling author who helps founders and SMEs scale with confidence, make smarter strategic decisions, and prepare for long-term growth and success… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-exit-presented-by-flippa-2008365/episodes/the-50-million-mistake-private-equity-secrets-to-selling-your-business-for-11x-ebitda-with-alexis-sikorsky/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-exit-presented-by-flippa-2008365/the-50-million-mistake-private-equity-secrets-to-selling-your-business-for-11x-ebitda-with-alexis-sikorsky.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.