Bought Tiny, Grew to $4m
Acquiring Minds
English - March 07, 2024 08:00 - 1 hour - 182 MB - ★★★★★ - 168 ratingsEntrepreneurship Business Investing entrepreneurship entrepreneur online business smb acquire acquisition Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: When You Buy a Glorified Job, Not a Business
Next Episode: Unlocking Growth in a Business, Average Age 55
SBA lender Chad Fondriest got the itch to get in the game himself & bought a couple's hobby business doing just $150k.
Topics in Chad’s interview:
Keeping his W-2 while running the businessQuadrupling revenue in 2 yearsGetting listed on WayfairTradeoffs of selling on AmazonHigh importance of inventory management Explosive growth during CovidHow he estimated market sizeDifficulty of competing in ecommerceForecasting trends a year in advanceGrief and joy of managing creativesReferences and how to contact Chad:
Darby Creek Trading[email protected]TwitterLinkedInGet a complementary pre-acquisition HR & PEO review for your target business:
Contact [email protected] or visit Aspen HRGet complimentary due diligence on your acquisition's insurance & benefits program:
Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:
See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter