For Subscribers

A Run of Luck

After this entrepreneur sold his company, he gained even more business control.

By David Worrell

Opinions expressed by Entrepreneur contributors are their own.

Whit McIsaac, CEO of Client Profiles Inc., an Atlanta legal softwarecompany, wanted to reap the financial rewards of selling hisbusiness, but also to maintain control of the company'sdirection. And he got both.

McIsaac, 43, sold Client Profiles in late 2000 to litigationsupport business FirmLogic as part of an industry consolidationplan. The purchase price included cash, shares of FirmLogic, andlucrative employment contracts for McIsaac and his executives.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

This 61-Year-Old Grandma Who Made $35,000 in the Medical Field Now Earns 7 Figures in Retirement
A 'Quiet Promotion' Will Cost You a Lot — Use This Expert's 4-Step Strategy to Avoid It
3 Red Flags on Your LinkedIn Profile That Scare Clients Away
'Everyone Is Freaking Out.' What's Going On With Silicon Valley Bank? Federal Government Takes Control.
Leadership

How to Detect a Liar in Seconds Using Nonverbal Communication

There are many ways to understand if someone is not honest with you. The following signs do not even require words and are all nonverbal queues.

Business News

I'm a Travel Planner Who's Been on Over 25 Cruises. Here Are 9 of the Biggest Mistakes I See Cruisers Make.

The No. 1 mistake cruisers make has nothing to do with the cruise at all. It's about your flight.

Business News

These Are the Most and Least Affordable Places to Retire in The U.S.

The Northeast and West Coast are the least affordable, while areas in the Mountain State region tend to be ideal for retirees on a budget.

Science & Technology

Cybersecurity Expansion Doesn't Have to Be an Uphill Battle. Here's Why

As more facets of our daily lives move to the digital realm, there is an imperative to improve security processes before it turns catastrophic.

Leadership

Overcoming This Common Way of Thinking Is How You Can Make Better Decisions

Being blind to the possibility of outlier events can mean sabotaging your decision-making and future. Here's how to short-circuit that tendency.