Prestio founder dissolves headaches of business closings, pivots with Liquify Group
March 5, 2019 | Austin Barnes
Closing a brick-and-mortar space is difficult enough, said Glen Dakan. Why should entrepreneurs be forced to endure the pains of offloading expensive equipment too?
Such a predicament prompted Dakan and his partners to create a remedy for the common pain point: Liquify Group, a newly launched service that helps businesses liquidate their assets through a simple, online or offline process. Sellers are connected with buyers via the platform, said Dakan, co-founder of Liquify Group and CEO of Prestio, an internet car sales startup.
Click here to learn how Prestio is innovating the internet car buying space.
“[Liquify Group] helps the business owners not have to worry about a big headache. And it also helps the people looking to start their next business or their next restaurant [buy equipment at about] 50 percent off of retail,” he explained, noting the solution to what he called a “triple pain point.”
It’s pain he’s experienced first hand, Dakan said. He reached out to a friend for help a few years ago when it was time to close his luxury Crossroads car dealership, Dakan explained.
The two combined forces to form Liquify Group, which is operated by Dakan’s wife, Kelli, who serves as CEO.
“We had unique skill sets to make this model happen and, through word of mouth, more business owners came to us and said, ‘Hey, you know, I’m really in a bind here, can you help me out?’ And it just kinda grew from there.’”
With unlimited opportunity, Liquify Group also helps businesses that have scaled and are looking to relocate, Dakan added, noting that the community resource startup isn’t limited to assisting only bankrupt of failed ventures.
Click here to browse Liquify Group’s current listings.
Officially launched in January, Liquify Group held its first office liquidation sale last month. Such an event aims to increase exposure of Liquify Group’s efforts, an effort the company is heavily focused on as they look to build clients in “lean startup mode,” Dakan said.
Offering a much-needed community resource, Dakan said, he believes Liquify Group can save Kansas City small businesses money and enable local entrepreneurs to make more efficient use of their time.
2019 Startups to Watch
stats here
Related Posts on Startland News
LISTEN: How this startup helps brands ditch plastic without disrupting manufacturing
On this episode of Startland News’ new Plug and Play Topeka founder podcast series, we sit down with Anthony Musumeci — CEO of Earthodic — to explore the future of sustainable packaging. Discover how Earthodic’s flagship product, Biobarc, delivers water-resistant, recyclable paper coatings made entirely from bio-based ingredients — closing the loop on waste without sacrificing…
KCSourceLink expands bilingual entrepreneur-focused support, adding two more Community Navigators
A network of “Community Navigators” is extending resources deeper into Kansas City’s entrepreneur community, KCSourceLink announced Friday, detailing the hiring of Citlali Valdez and Racquel Rodriguez to its months-old connectivity program. “We are thrilled to welcome these experienced team members,” said Becca Castro, senior director of regional ecosystem development at the UMKC Innovation Center, which…
Meet the Lumi Award winners: Digital Health KC salutes pioneers leading innovation trends
A lot of smart investors are betting on artificial intelligence, said Dick Flanigan, telling a crowd gathered Thursday at Digital Health Day that even if AI doesn’t turn every startup that uses it into a multi-million-dollar company, the technology still will fundamentally reshape health care. “It’s transformational,” said Flanigan, CEO of Digital Health KC and…

