American Business Brokers & Advisors - January 2025

PRST STD US POSTAGE PAID BOISE, ID PERMIT 411

WWW.TERRYMONROE.COM

800.805.9575

INSIDE 7824 Estero Blvd., 3rd Floor Fort Myers Beach, FL 33931 1 A Story About Success, Freedom, and Serving

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How Far Away Is Too Far When Operating a Convenience Store?

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Discover Terry’s ‘3 Point Market Valuation’

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‘Murdering’ the Competition

At first glance, not much about 42-year-old Mike Cessario stands out. Like many in his generation, he’s heavily tattooed and likes to wear band T-shirts. Depending on your age or sensibilities, you’re likely to either pass him on the street without giving him much thought or walk to the other side to avoid him. Either way, your preconceptions would be wrong — dead wrong. Cessario’s the man behind Liquid Death, a name you’ve likely seen on your supermarket shelves. Although you’d expect someone with his aesthetics to fill his company’s aluminum cans with alcohol, he’s made a fortune by selling good old-fashioned … water ?! MURDERING THIRST — AND THE MARKETPLACE Cessario revolutionized the beverage industry by adhering to the philosophy that the best way to someone’s wallet is through their eyes. With its provocative, skull-emblazed cans and promise to “murder your thirst,” Liquid Death has exceeded expectations of what a water company could achieve. It has grown from a cheeky concept to a $1.4 Liquid Death’s Daring Ascent MARKETING THE MACABRE

billion business in just five years , proving that just about anything will sell if given the right spin.

THE BRAIN BEHIND THE BRAND Liquid Death’s leader had already mastered the art of millennial-focused marketing long before his brand dominated the field. In addition to collaborating with influencers Steve-O (“Jackass”) and Travis Barker (Blink-182), Cessario’s viral promotion skills helped drive the success of the Netflix shows “House of Cards” and “Stranger Things.” Now at the helm of an outrageously successful company, he readily admits his upward climb has resulted mainly from choosing what he describes as “the dumbest possible name” for a safe and healthy beverage. As he told CNBC, “If someone I knew saw [one of our cans] in a store, I’m pretty sure they’re going to have to pick that up and be like, ‘What is this?’ And once someone picks something up, you’ve basically won.”

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WWW.TERRYMONROE.COM

800.805.9575

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