32 min listen
Surviving the Nightmare: Sales Plunge 95%
FromAcquiring Minds
ratings:
Length:
73 minutes
Released:
May 11, 2023
Format:
Podcast episode
Description
9 months after Jesse Safir bought a printing biz, Covid cratered it. 3 years later, sales are nearing pre-Covid levels. Topics in Jesse’s interview:
Finding ABG Printing by sending direct mail
The value of having a “forgettable” business
Renegotiating his deal before acquisition
The changes he made in the first 9 months
Cutting 80% of his staff during COVID
Managing cash flow after revenue plunged 95%
Staffing post-COVID
How their printing projects have diversified
The landscape of the printing industry
Jesse’s vision for a holdco
Links and how to contact Jesse:
LinkedIn
jesse@abgprint.com
abgprint
The Dip by Seth Godin
Jesse on Let’s Buy a Business
Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HR
Connect with Acquiring Minds:
See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter
Finding ABG Printing by sending direct mail
The value of having a “forgettable” business
Renegotiating his deal before acquisition
The changes he made in the first 9 months
Cutting 80% of his staff during COVID
Managing cash flow after revenue plunged 95%
Staffing post-COVID
How their printing projects have diversified
The landscape of the printing industry
Jesse’s vision for a holdco
Links and how to contact Jesse:
jesse@abgprint.com
abgprint
The Dip by Seth Godin
Jesse on Let’s Buy a Business
Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HR
Connect with Acquiring Minds:
See past + future interviews on the YouTube channel
Connect with host Will Smith on LinkedIn
Follow Will on Twitter
Released:
May 11, 2023
Format:
Podcast episode
Titles in the series (100)
Buying a Manufacturer for Just the Value of Assets: Tyler Deike bought a small manufacturer for the cost of property & equipment, making the business itself almost free. by Acquiring Minds