Raising $800k to Buy an $8m Business as a First-Timer
Acquiring Minds
English - June 05, 2023 07:00 - 1 hour - 155 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: It Worked: Buying an Ecom Business to Gain Freedom
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With no finance background, Kevin Bibelhausen learned to raise money from investors & buy a 20-year-old fabric business.
Topics in Kevin’s interview:
His health crisis that led to a career changeLosing funding at the last minuteRaising $800k in 5 weeksAutomating his money-raise process with investorsThe value of being active on TwitterAcquiring a $8m business using very little of his own moneyThe ideal number of investorsWhat attracted Kevin to Heritage FabricsManaging working capital with a long sales cycleHis investment fund, Fruition CapitalLinks and how to contact Kevin:
LinkedInTwitterFruition CapitalSam Rosati’s Investor ListNick Haschka’s episodes on Acquiring Minds:How One Small Acquisition Led to 9 More in 5 Years6 Ways Buying a Business Has Changed Since 2016HBR Guide to Buying a Small BusinessLearn more about Walker Deibel's done-with-you buy-side advisory:
The Acquisition LabGet 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