2 Commas: The $multi-million exit show with Josh Comrie

Josh Comrie

96 episodes listed below

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Exit stories with operating detail.

The gist

2 Commas studies business exits through practical founder stories, not victory laps. The conversations linger on the moments that changed valuation: product-market fit, crisis decisions, balance-sheet discipline, brand power, and knowing when a business needs new energy.

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About 2 Commas: The $multi-million exit show with Josh Comrie

2 Commas is an analytical business interview show about the road to a meaningful exit. Its subject is not just the sale. It is the chain of operating decisions that makes a sale possible, attractive, or dangerous. The show spends time with founders and advisers who can explain what happened inside the business before the outside world saw the result. A Studio Ninja conversation turns a niche software company into a lesson in early customer collaboration, wedding photographers, imperfect product launches, and the value of listening before scaling. The Brand Spanking story brings the human side of experiential marketing into focus. It looks at side hustles, people-based delivery, pandemic shutdowns, and the hard question of whether a company needs renewed leadership energy. Jeremy Moon's Icebreaker episode uses a major brand outcome to examine range complexity, global ambition, brand value, and the limits of founders who love building more than managing. Holli Moeini's M&A discussion shifts the lens to accounting discipline. The balance sheet becomes a place where deal value, fraud risk, and founder pressure can quietly collide. Rick Agravale's Meatbox story brings in personal risk, cold-chain problems, outsourcing choices, quality control, and timing a market process. Nigel Beach's compact sorting equipment episode shows a different path to equity, through persistence, export scale, and industrial technology that sorted fruit at huge volume. Stan Murphy's episode works through momentum, turnaround logic, quality positioning, and the cost of running a business under pressure. The show also occasionally steps outside the exit interview format, as in its 2026 AI episode, where the framing becomes more urgent and thesis-driven. Even then, the posture is practical. The appeal is in the detail: multiples, due diligence, operational tradeoffs, market timing, and what founders learn once the deal is no longer theoretical. It is useful for listeners who prefer clear business mechanics over motivational gloss.

Made for: For founders, advisers, and acquisition-minded business owners who want practical context around scale, sale, and valuation. It especially suits listeners who care about how companies actually work before the deal closes.

What sets it apart: The show treats multimillion-dollar exits as operating stories rather than trophies. Its strength is the patient reconstruction of customer behavior, founder pressure, brand value, accounting risk, and timing decisions behind the headline result.

In their own words

Welcome to 2 Commas: The $multi-million exit showI've spent over two decades helping founders scale their businesses and achieve successful, multimillion-dollar exits. I've also achieved this myself on multiple occasions. With my experience as an entrepreneur, advisor, and investor, I’ve had the privilege of guiding companies through the highs and lows of business growth and exit strategies.Each episode will bring you the previously untold stories of entrepreneurs who have successfully scaled and exited their businesses for seven-figure (2 comma's) plus returns. You’ll hear more about the journeys, challenges, and pivotal moments that led to these transformative exits. My goal is t...

As heard by us

Based on 5 episodes we listened to · September 2026

Founder interviews connect multimillion-dollar exits to the product, financing, operational, and deal decisions that created them.

2 Commas: The $multi-million exit show with Josh Comrie turns company sales into operator-level case studies. Josh Comrie asks guests to retrace the choices behind growth, turnarounds, and exits, keeping attention on what changed inside each business before a buyer appeared.

Read our full review in PlayNext →

Why you'd press play

Fifty million mandarins a day, and you're asking who got equity in the business.

Press play if you want

  • to hear why selling an unbuilt product for $150 beat selling an existing one for $30
  • to weigh the scary choice of handing meat production to partners so a company could scale
Read the full recommendation in PlayNext →
founder exitsbusiness scalingM&A preparationbrand valuecustomer-led product developmentoperational complexitybalance-sheet riskpost-exit reflection

Talks about

Best episodes of 2 Commas: The $multi-million exit show with Josh Comrie

Short reviews from the PlayNext desk, based on the episodes we processed.

Yuan Wang: Why charging $150 for nothing beats selling something for $30Apr 15, 2026

A bootstrap story about pricing, patience, and fixing the product people actually need.

Studio Ninja reads as a sharp bootstrap case study: a very niche product, a rough first release, direct collaboration with early customers, and about six months of fixes before it felt viable. The pricing lesson lands hardest.

Rick Agraval: Sold the house, built an 8 figure business, then sold for a maximum multiple!Mar 11, 2026

A grounded founder story about risk, leverage, and the operational tradeoffs of scale.

Rick Agravale follows The Meatbox from a 2017 home sale into the hard, ordinary work of building cold-chain e-commerce in New Zealand. Josh Comrie keeps asking the useful question: what did growth actually cost?

Nigel Beach: 50 million mandarins a day: Inside a $150M sorting empireMar 4, 2026

A bootstrapped export story where ownership, scale, and fruit sorting all come into focus.

Nigel Beach's story fits Business & Finance because it is about who gets paid as a small industrial business turns into an export machine. He comes in as employee number around about 20 at Compact Sorting Equipment, keeps pushing for a shareholding, borrows money to buy in, and…

Stan Murphy: Momentum trumps all: How to create a high growth companyFeb 25, 2026

A blunt look at growth, quality, and the cost of standing still.

Murphy's path tracks a plain but useful idea: growth is less about the myth of the big break and more about what happens after the first exit.

Neil Millar: 160 deals, 113 foreign buyers: What's really happening in NZ M&AFeb 18, 2026

A clear-eyed read on deal caution, foreign investment, and where NZ M&A is moving.

This episode treats M&A as a market condition, not a trophy case. Deal volume is high, timelines have stretched, and caution hangs over the whole conversation.

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Episodes

  1. 1

    26 years of Huffer, and what came next | Steve Dunstan | 2 Commas by Josh Comrie

    Sep 30, 2026·1h 23m
  2. 2

    An illegal fence, an angry horse, and a billion-dollar company | 2 Commas by Josh Comrie

    Sep 23, 2026·35m
  3. 3

    Three exits, three very different endings: What fast money does to founders | 2 Commas by Josh Comrie

    Sep 17, 2026·54m
  4. 4

    3 X GM's hired but only 1 exit: How I got this wrong | Dom Sutton | 2 Commas by Josh Comrie

    Sep 9, 2026·1h 11m
  5. 5

    How I went from "I Think I Want to Sell" to the $$ in 81 days! | Dr. Michael Filosi | 2 Commas by Josh Comrie

    Sep 2, 2026·56m
  6. 6

    $100k to $10 million in four years: The cost of doing nothing else | Sarah Page | 2 Commas by Josh Comrie

    Aug 27, 2026·1h 16m
  7. 7

    The non-performing salespeople weren't the problem. I was. | Rich Conway | 2 Commas by Josh Comrie

    Aug 19, 2026·1h 15m
  8. 8

    By interviewing 20+ founders, she added 25% to the price! | Shivani Gupta | 2 Commas by Josh Comrie

    Aug 12, 2026·1h 15m
  9. 9

    Taking on and beating the giants | 2 Commas by Josh Comrie

    Aug 5, 2026·30m
  10. 10

    50 Ferraris, 4 exits and a fight for his life | Grant Baker | 2 Commas with Josh Comrie

    Jul 29, 2026·1h 14m
  11. 11

    He’s invested $billions and not taken a single share of equity | Tim Wixon with Josh Comrie | 2 Commas

    Jul 22, 2026·1h 8m
  12. 12

    Simplicity: The $11B charity, that's worth nothing, and can never be sold! | Sam Stubbs with Josh Comrie | 2 Commas Podcast

    Jul 8, 2026·1h 35m
  13. 13

    Why I left millions on the table | Carl Thompson with Josh Comrie

    Jun 24, 2026·1h 23m
  14. 14

    Why I closed a business that fed 2,500 kids a day | Lisa King with Josh Comrie

    Jun 17, 2026·1h 39m
  15. 15

    Would you sell 80% of your business to 5X its value? | Murray Schnuriger and Toby King with Josh Comrie

    Jun 10, 2026·1h 25m
  16. 16

    I gave away half of my business on a handshake. Here's why. | Mark Zeman with Josh Comrie

    Jun 3, 2026·1h 25m
  17. 17

    67% of founding teams fail. Here's why | Logan Yonavjak | 2 Commas

    May 27, 2026·47m
  18. 18

    John Bessey: His doctor said he was fine. The blood work said otherwise.

    May 20, 2026·1h 7m
  19. 19

    Ken Crosson: From milking 1 cow to designing one of the word's best 400 houses

    May 13, 2026·1h 10m
  20. 20

    Dr. Catherine Stone: I created NZ's botox market then nearly lost it all

    May 6, 2026·1h 21m
  21. 21

    Rafael Niesten: I sold my company and bought three USB-C cables

    Apr 29, 2026·1h 9m
  22. 22

    Tim Boyle: Voted off the board of the company I built

    Apr 22, 2026·1h 42m
  23. 23

    Yuan Wang: Why charging $150 for nothing beats selling something for $30

    Hidden gem

    Studio Ninja had a messy start.

    Apr 15, 2026·1h 5m·4 clips
  24. 24

    Vivian Bryant-Taukiri: 23 years in, 6 weeks out: The no earn-out exit

    Vivian Bryant-Taukiri discusses her 23-year journey building Brand Spanking, an experiential marketing business, including challenges like COVID-19 and the decision to exit without an earn-out.

    Apr 8, 2026·1h 5m
  25. 25

    Why 2026 is the most important year of this millennium

    The host argues that 2026 represents a critical, once-in-a-generation opportunity for founders to seize power in the AI landscape, emphasizing the importance of context over content.

    Apr 1, 2026·17m
  26. 26

    Jeremy Moon: How Icebreaker went from $10M to a $300M brand

    Jeremy Moon shares his journey of building Icebreaker from a New Zealand startup to a $300 million global brand, discussing brand value, growth challenges, and the realities of entrepreneurship and exit.

    Mar 25, 2026·1h 40m
  27. 27

    Holli Moeini: A balance sheet mistake that could cost you $millions

    This episode features an interview with CPA Holly Moeini about critical balance sheet mistakes that can cost millions during mergers and acquisitions, including insights on fraud prevention and financial due diligence.

    Mar 18, 2026·54m
  28. 28

    Rick Agraval: Sold the house, built an 8 figure business, then sold for a maximum multiple!

    Hidden gem

    Rick Agravale and his wife built The Meatbox into an e-commerce standout.

    Mar 11, 2026·1h·4 clips
  29. 29

    Nigel Beach: 50 million mandarins a day: Inside a $150M sorting empire

    Hidden gem

    Nigel Beach looks back on joining Compact Sorting Equipment early, around employee number 20.

    Mar 4, 2026·1h 19m·5 clips
  30. 30

    Stan Murphy: Momentum trumps all: How to create a high growth company

    Hidden gem

    Murphy frames the episode around a simple idea: businesses are always moving one way or the other.

    Feb 25, 2026·1h 25m·5 clips
  31. 31

    Neil Millar: 160 deals, 113 foreign buyers: What's really happening in NZ M&A

    Hidden gem

    Josh Comrie frames a M&A market that is still busy, but less straightforward than it looks.

    Feb 18, 2026·1h 19m·5 clips
  32. 32

    Ray Delany: How I turned a failing business into a 5x + exit

    Feb 11, 2026·1h 18m
  33. 33

    Joaquin Cordero: My partners were secretly funding our biggest competitor

    Feb 4, 2026·1h 9m
  34. 34

    Joshua Parsons: The 17yr old cop who built two companies worth millions by 30

    Jan 28, 2026·1h 34m
  35. 35

    Dear founder; Are you building the right business?

    Jan 21, 2026·27m
  36. 36

    Why businesses stall (and what you can do about it)

    Jan 14, 2026·30m
  37. 37

    Entrepreneur legends on mindset and mindfulness

    Jan 7, 2026·54m
  38. 38

    Shane Young: A massive product failure became our vital exit multiplier

    Dec 17, 2025·1h 25m
  39. 39

    Marc Stöckli: Our near acquirer went to prison!

    Dec 10, 2025·1h 28m
  40. 40

    James McGlinn: How we won against powerful competitors

    Dec 3, 2025·1h 37m
  41. 41

    How to keep going - when it all seems too hard

    This episode introduces the 4 C's framework to help entrepreneurs find and maintain their personal motivation when facing business challenges.

    Nov 26, 2025·29m
  42. 42

    Why most businesses fail before they even begin

    Nov 20, 2025·30m
  43. 43

    Cornelius Boertjens: I built to sell, then wondered, what next?

    Nov 12, 2025·1h 27m
  44. 44

    Brendan Roberts: Is this NZ's first AI exit?

    Nov 5, 2025·1h 30m
  45. 45

    Chris Small: Inside the numbers: the state of NZ business sales

    Oct 29, 2025·1h 21m
  46. 46

    Chris Small: Inside the numbers: the state of NZ business sales

    Oct 29, 2025·1h 21m
  47. 47

    Jonny Mirkin: Before I sold it, it hospitalised me

    Oct 22, 2025·1h 42m
  48. 48

    Nathan Morgan French: From gambling addiction to successful exit

    Oct 15, 2025·1h 25m
  49. 49

    Justin Hamilton: I built it, then bought it back

    Oct 8, 2025·1h 30m
  50. 50

    Why most founders aren't entrepreneurs - Part 2

    Oct 1, 2025·22m
  51. 51

    Why most founders aren't entrepreneurs.

    Sep 24, 2025·21m
  52. 52

    Pro services company legends: timeless business lessons

    Sep 17, 2025·1h 2m
  53. 53

    Startup legends on how to start, scale, and sell

    This episode revisits past interviews with startup founders discussing critical insights on starting, scaling, and selling businesses, featuring raw, unedited storytelling from experienced entrepreneurs.

    Sep 10, 2025·38m
  54. 54

    Vicki Ammundsen: NZ's top Trusts Lawyer tells all

    Sep 3, 2025·1h 16m
  55. 55

    Symon Thurlow: We 4 X'd our earn-out! Here's how.

    Aug 27, 2025·1h 26m
  56. 56

    Ben Forman: I walked away from millions. Here's why I'm at peace.

    Aug 20, 2025·1h 16m
  57. 57

    Kimberlee Sweeney: My first divorce wasn't my marriage. It was my business.

    Aug 13, 2025·1h 4m
  58. 58

    Kaz Staples: $15 cereal; Impossible they said! I built the category and my empire.

    Aug 6, 2025·1h 17m
  59. 59

    John Bolton: At 32 I walked from a $60B portfolio. Into nothing.

    Jul 30, 2025·1h 32m
  60. 60

    Ryan Sanders: $34M in revenue. Slashed by 94% overnight.

    Jul 23, 2025·1h 4m
  61. 61

    AJ Wilderland: Block my company sale? I'll find a better deal!

    Jul 16, 2025·1h 54m
  62. 62

    Laetitia Peterson: Wall St doesn't prepare you for startup life

    Jul 9, 2025·1h 13m
  63. 63

    Keith Davison: 0-$120m exit in 2.5 years!

    Jul 2, 2025·1h 32m
  64. 64

    Jessie Stanley: From pies to flies. Passion, purpose & problems!

    Jun 25, 2025·1h 43m
  65. 65

    Gary Gordon: $1B of property developed. Here's what I know.

    Jun 18, 2025·1h 17m
  66. 66

    Kelly Brown: 18 yrs of leadership; leave a legacy

    Jun 11, 2025·1h 12m
  67. 67

    Alliv Samson: $300m NZ success story "NO silicon valley"

    Jun 4, 2025·1h 28m
  68. 68

    Mark Clare: You set the price, l'll set the terms!

    May 28, 2025·1h 7m
  69. 69

    Greg Munt: Reverse engineering a $150M vision!

    This episode features an interview with Greg Munt, a financial services entrepreneur who built and sold businesses, discussing his journey from starting a mortgage-broking business to insights on building a $150 million company, sales organization, culture, and charitable work.

    May 21, 2025·1h 13m
  70. 70

    Nick Crawford: You're rich, but still miserable. Here's why...

    May 14, 2025·1h 11m
  71. 71

    Janine Grainger: Crypto billions: how I sold Easy Crypto!

    Janine Grainger shares her journey of founding Easy Crypto, New Zealand's leading crypto business, discussing challenges like early skepticism, fundraising, and navigating market turmoil.

    May 7, 2025·1h 19m
  72. 72

    Trent Mankelow: Exit before you hate it!

    Apr 30, 2025·1h 33m
  73. 73

    Elena Kim: Founders, don't wait to get your house in order!

    Apr 23, 2025·1h 14m
  74. 74

    Igor Portugal: The accidental CEO: when startups, divorce, and M&A collide!

    Apr 16, 2025·1h 20m
  75. 75

    Shane Brealey: Impatience, integrity, impact - Brealey on giving it away!

    Apr 9, 2025·1h 13m
  76. 76

    Debra Hall: “We don’t hire female Engineers...” Challenge accepted!

    Apr 2, 2025·1h 25m
  77. 77

    Linda Jenkinson: How to think (and scale) like a billionaire!

    Mar 26, 2025·1h 42m
  78. 78

    Roy Crane: Altitude, attitude, & adaptation: Lessons from a life in flight

    Mar 19, 2025·1h 14m
  79. 79

    Neil Millar: NZ’s top M&A Lawyer on deals, drama, & DD!

    Mar 12, 2025·1h 26m
  80. 80

    Seeby Woodhouse: A $24m exit in my 20's!

    Mar 5, 2025·1h 51m
  81. 81

    Greg Young: M+A Advisor talks vendors out of selling?!

    Feb 26, 2025·1h 32m
  82. 82

    Mike Marr: I've bought 15 companies, here's how I do it!

    Feb 19, 2025·1h 14m
  83. 83

    Kris Nygren: Handing from founder-to-CEO to selling!

    Feb 12, 2025·1h 11m
  84. 84

    Josh Comrie: My wife grills me on my own exits!

    Feb 5, 2025·1h
  85. 85

    Tony Falkenstein: From 28c to $12. How I create massive company value!

    Jan 29, 2025·1h 22m
  86. 86

    Matt Chapman: How I built a $100m exit then re-invented myself!

    Jan 22, 2025·1h 32m
  87. 87

    Michael Carden: The stiff in a suit who built multi-million dollar SaaS exits!

    Dec 18, 2024·1h 18m
  88. 88

    Marisa Fong: A double multiple by big thinking and playing hard to get!

    Dec 11, 2024·1h 14m
  89. 89

    Rudi Bublitz: How we went from kitchen table to $100m+ in less than 10 years!

    Dec 4, 2024·55m
  90. 90

    Jovan Pavlicevic: From fighting fires to Fintech and a 7-figure exit!

    Nov 27, 2024·1h 12m
  91. 91

    Miles Valentine: How I left money on the table despite a multimillion dollar exit!

    Nov 20, 2024·1h
  92. 92

    James McCarthy Toia: Navigating a complex deal to achieve an 8-figure exit!

    Nov 13, 2024·1h 21m
  93. 93

    Tom Price: 5-year race to a strategic roll-up sale at 27 years old!

    Nov 6, 2024·1h 13m
  94. 94

    Hugh Calveley: How I took Hollywood by Storm!

    Oct 30, 2024·59m
  95. 95

    Will Palmer: How to succeed with an IPO!

    Oct 23, 2024·1h 28m
  96. 96

    [Trailer] Will Palmer: How to succeed with an IPO!

    Oct 22, 2024·1m