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Bought Tiny, Grew to $4m

Bought Tiny, Grew to $4m

FromAcquiring Minds


Bought Tiny, Grew to $4m

FromAcquiring Minds

ratings:
Length:
99 minutes
Released:
Mar 7, 2024
Format:
Podcast episode

Description

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 Tradingchad@darbycreektrading.comTwitterLinkedInGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com 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
Released:
Mar 7, 2024
Format:
Podcast episode

Titles in the series (100)

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. Stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business.