Hello everyone, and welcome back to the podcast! We have a fantastic episode today with a special guest, Claire Herring, the founder of Blue Ocean Brain and a former client at Transact Capital. We played a pivotal role in helping her with her successful exit strategy, and she's here to share her incredible journey with us. You won't want to miss this inspiring story! In this episode we dive deep into Claire's entrepreneurial adventure. Claire, originally from Raleigh, North Carolina, has been a Richmond, Virginia resident for 25 years, and her journey is nothing short of remarkable. Claire and her co-founders began their entrepreneurial journey while working at Ernst & Young. They uncovered a significant revenue opportunity for hospitals, eventually realizing it was a multi-billion-dollar opportunity for hospitals across the nation. This brought the team together and sparked their entrepreneurial spirit, and Blue Ocean Brain was later born. Claire's background and interest in cognitive science, along with her team's vision, led them to develop a groundbreaking micro-learning solution for Corporate America. They faced challenges along the way, but their perseverance paid off as they gained market penetration in Fortune 500 companies. The podcast explores their journey from ideation to fruition, highlighting the challenges they faced and the strategies they employed to achieve success. As their business grew rapidly, Claire and her co-founders realized the potential for a significant exit. They share their experience of preparing for the sale, engaging in valuations, and finding the right strategic partner with the help of Transact Capital. Claire emphasizes the importance of focusing on people, revenue streams, and housekeeping tasks within your organization during the preparation phase. She also discusses the emotional aspect of the exit process and how staying involved after the sale can be a rewarding experience. Today, Claire is actively involved in supporting other entrepreneurs through her role on the board of Lighthouse Labs, an accelerator in Richmond, Virginia. She enjoys spending time with her family and is excited about what the future holds. Don't miss this engaging conversation that provides valuable insights for business owners looking to maximize their exit strategy. Thank you for tuning in!