He Built a $40 Billion Firm—Here’s What Entrepreneurs Get Wrong About Selling | Scott Hanson
Scott Hanson came to Sacramento broke, once using credit-card cash advances just to make rent. He went on to co-found what became Allworth Financial—now managing roughly $40 billion—and build and sell multiple companies along the way. On this episode of The Mark Haney Show, Scott shares the real story behind that journey: building Hanson McClain from the ground up, navigating the sale of a reverse-mortgage company on the edge of the financial crisis, scaling Allworth through acquisitions, stepping away from the CEO role, and starting a new chapter focused on helping founders understand what really happens when they sell their businesses. The conversation also gets into investing, risk, wealth, private equity, what entrepreneurs often get wrong during a transaction, and why Scott believes success is about far more than simply maximizing the size of the check. Scott has spent more than three decades advising successful families, building companies and navigating major transactions. His next chapter is focused on helping founders understand exactly what they’re agreeing to when they sell the businesses they spent their lives building. This is a conversation about much more than money. It’s about entrepreneurship, risk, wealth, purpose—and knowing what you actually want once you’ve won. #Entrepreneurship #Business #PrivateEquity #ScottHanson #AllworthFinancial #MarkHaneyShow ______________________________________________________________ Growth Factory Ventures’ Partner Network brings together a hand-selected group of trusted firms that help founders, operators, and growing companies tackle the challenges that come with scaling. These aren’t just sponsors—they’re partners embedded in the Growth Factory ecosystem, offering expertise across areas like wealth management, employee benefits, lending, branding, go-to-market strategy, operations, and more. Learn more and connect with the Growth Factory Partner Network: https://growthfactory.vc/partner-network ______________________________________________________________ If this episode inspires you to be part of the movement, and you believe, like me, that entrepreneurs are the answer to our future, message me so we can join forces to support building truly great companies in our region. - Subscribe to my channel here: https://www.youtube.com/channel/UCom_ ... - Mark Haney is a serial entrepreneur that has experience growing companies worth hundreds of millions of dollars. He is currently the CEO and founder of HaneyBiz - Instagram: http://instagram.com/themarkhaney Facebook: www.facebook.com/themarkhaney LinkedIn: https://www.linkedin.com/in/markehaney Website: http://haneybiz.com Audio Boom: https://audioboom.com/channels/5005273 Twitter: http://twitter.com/themarkhaney - This video includes personal knowledge, experiences, and opinions about Angel Investing by seasoned angel investors. This content is for informational purposes only and should not be construed as legal, tax, investment, or financial advice. Nothing in this video constitutes a solicitation, recommendation, or endorsement. #thebackyardadvantage #themarkhaneyshow #entrepreneur #PowerOfWith #SacramentoEntrepreneur #Sacramento #SacramentoSmallBusiness #SmallBusiness #GrowthFactory #Investor #podcast






