Why Work IN the Business You Buy (Not Just On It)
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Register here for the webinar, How to Buy a Business & Hire an Operator at Once https://bit.ly/3Rto4Mc-- Get Remediation Company CIM - Request the NDA to get the CIM of the Midwestern niche remediation company. https://bit.ly/45spnAI-- Before acquiring a commercial painting business doing around $2m, Colin Gates worked on a crew as one of its painters. Topics in Colin's interview: Aggressively saving while working in private equityRecurring revenue is BSDon’t sweat getting the perfect purchase priceWorking as a painter for a month before buyingManaging prima donna employeesHis strategy of constantly bidding jobs and hiring Putting in a project manager and a GMWhy he stopped requiring depositsThe seller staying on as an employeeImportance of cash flow in keeping a business goingReferences and how to contact Colin: LinkedInTwitterMastercraft [email protected] is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one: Smithlist - Operate & Lead a BusinessGet a complementary pre-acquisition HR & PEO review for your target business: Contact [email protected] or visit Aspen HRLearn more about Walker Deibel's done-with-you buy-side advisory: The Acquisition LabConnect with Acquiring Minds: See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
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