The Front Lines of a Crisis
Acquiring Minds
English - February 29, 2024 08:00 - 1 hour - 178 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: How a First-Timer Did a Turnaround (Including an Exit)
Next Episode: When You Buy a Glorified Job, Not a Business
14 months ago, Russ Hadlock bought an auto glass business with $2.3m in sales. Today he is struggling to keep it alive.
Topics in Russ’s interview:
Inventing the Peloton handlebar trayHis life-changing exit from his companyLooking for stability and safety through acquisitionFear of buying a company that was too big to operateExpenses skyrocketing after transitionImpact of asset purchase on rent and insurance costsLayoffs and belt tighteningRenegotiating his SBA loanConsolidating locations as a Hail MaryNeed to get a job while still owning the businessReferences and how to contact Russ:
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