Holdco Origin Story: The Bumpy Road to $3m EBITDA
Acquiring Minds
English - May 09, 2024 07:00 - 1 hour - 187 MB - ★★★★★ - 131 ratingsEntrepreneurship Business Investing entrepreneurship entrepreneur online business smb acquire acquisition Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Allure of Buying a Marketplace Business
Next Episode: Building a $10m Platform from 2 Low-SDE Businesses
4 acquisitions, 3 years after the first deal, and 2 dishonest sellers before Chandra Rao went full-time in his holdco.
Topics in Chandra’s interview:
Learning from due diligence mistakesLosing $300k in the first yearChallenges with payment terms and working capitalTrue value of a seller noteOne of his partners embezzled from the companyFpppChoosing a conventional loan over SBAThe electrical contracting and fiber optic cabling businesses6x growth in 4 yearsJuggling a roll-up and a W-2A seller who committed fraudReferences and how to contact Guest:
LinkedIn[email protected]Miller UtilitiesGet a complementary pre-acquisition HR & PEO review for your target business:
Contact [email protected] or visit Aspen HRWork with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Matthias Smith of Pioneer Capital AdvisoryConnect with Acquiring Minds:
See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter