Years after one venture ended in failure, Jeff Velker bought a $2.5m pen maker with a strong brand & devoted customers.
Topics in Jeff’s interview:
His experience as a franchiseeBankruptcy after the 2008 crashThe difference between buying a job and owning a businessLosing his favorite pen led him to a pen companyAppeal of pens in our digital ageAcquiring with 2 partnersNegotiating with a seller who won’t go lowerGetting buy-in from spousesThe risks of having his manufacturer in TaiwanHis goal of $10M in 10 yearsReferences and how to contact Jeff:
[email protected] 51Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
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