#14: The serial fun entrepreneur with Huenu Solsona, Galileo Open Air Cinema

20 March 2024

“When you’re 90, you might want to sell it.”

When that’s how you think about your businesses, you know you’re having fun. This has always been the key for Huenu Solsona in her business interests. After figuring out early in life that she wanted to start her own businesses, there was no going back to a traditional job after tasting this lifestyle and excitement.

With various well-known South African businesses under her belt including the Galileo Open Air Cinema and Adventure Bootcamp, Huenu attributes much of her success to extensive travel and the related benefits in identifying business opportunities. Importantly, she is a particularly rare breed of entrepreneur in that she has successfully sold businesses before. In fact, one of her businesses is for sale right now!

Topics discussed with host The Finance Ghost included:

  • How to figure out whether it is time to sell a business and the approach taken to this process;
  • The absolute importance of building businesses that are fun;
  • Whether entrepreneurs tend to make better personal financial decisions;
  • The use of business plans in practice – or not, as the case may be;
  • Whether business is being taught by the right people in the education system;
  • The importance of differentiation; and
  • Huenu’s latest fascinating projects.

Serial entrepreneurs are a rare breed. With seemingly endless energy, Huenu’s passion for business is contagious. Listen to this show and find out for yourself.

Previous Episode

bizval startup

Requirements

Less than 3 years old

Pre or post revenue

Business plan and forecasts available

Benefits

Bespoke valuation methodologies

Developed in conjunction with leading universities

Key valuation drivers unpacked

Scenario sensitivity analysis

Tech-and-touch approach

Personalized consideration and evaluation of results

Less than 10 day turn-around time

Access to bizval webinars and education sessions

bizval enterprise

Requirements

Business that provides services to other business owners

Benefits

3 valuation methodologies (DCF, EM and NAV)

Secure and confidential

Access to bizval webinars and education sessions

Priority support

Scenario sensitivity analysis

Personalized engagement and follow up

All the usual benefits with customized pricing for high-volume users

bizval exit

Requirements

Single or multiple business entity

Deep understanding of your business

Clear intention to sell or raise investment – now or in the future

Benefits

Proprietary bizval exit process and bizval exit scorecard

Includes a free concierge valuation

Less than 2 weeks from start to finish

Pesonalized engagement and follow up

Priority support

Customized deal readiness report

Heat map and recommendations to maximize valuation and ensure best chance of success

Secure and confidential

Access to bizval webinars and education sessions

Access to experienced professionals who know how to navigate the often scary world of deal making

Access to exclusive introductions to qualified investors

bizval concierge

Requirements

Single business entity

Basic business knowledge

2 years financial statements and/or management accounts

Benefits

Includes bizval exit scorecard

3 valuation methodologies (DCF, EM and NAV)

Secure and confidential

Access to bizval webinars and education sessions

Priority support

Scenario sensitivity analysis

Personalized evaluation of results

Less than 5 day turn-around time, once all information received

Quick and easy to use – Does not require detailed technical or accounting knowledge

bizval live

Requirements

Single business entity

Knowledge of key business and financial information

Benefits

Includes bizval exit scorecard

3 valuation methodologies (DCF, EM and NAV)

Secure and confidential

Access to bizval webinars and education sessions

Includes complimentary 15 min consultation

Unlimited access to Scenarios

Standard support

Access to valuation scenarios add-on

Instant valuation result

Unique bizval algorithm

Quick and easy to use – Does not require detailed technical or accounting knowledge