8 Figs or Bust: Transitioning a Big Plumbing Business
Acquiring Minds
English - February 19, 2024 08:00 - 1 hour - 204 MB - ★★★★★ - 168 ratingsEntrepreneurship Business Investing entrepreneurship entrepreneur online business smb acquire acquisition Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Peter deBaptiste bought a 35-person plumbing business with 2 very technical, hands-on owners 1 hour away from his house.
Topics in Peter’s interview:
Building operational skills in a start-upAcquiring Joe Cole PlumbingHis disappointing first day as ownerBuying from 2 co-ownersSurprises in employee turnoverLosing clients to a former employeeWhat he likes about the plumbing businessThe complexities of working capital in constructionWhy he recommends holding off on strategyUnderestimating his salary needsReferences and how to contact Peter:
LinkedInTwitterJoe Cole PlumbingEpisode with Peter's friend, Morgan McCauley:Taking the Plunge into Extreme Ownership
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