Acquiring Minds
Trailer
Bonus
Episode 222
Season 1
Taking a Blue Collar Biz from $900k to $2.4m in Earnings
Adam Borcz bought & unlocked growth in a niche-y, 35-year-old blue collar business, almost tripling earnings in 4 years.
Topics in Adam’s interview:
- Adam’s experience working for a fundless sponsor
- Pros & cons of having the federal government as a customer
- Doubling his work force in a “tough labor market”
- Why overhead doesn't need to scale with labor force
- Doing nothing for the first six months as owner
- Why he invests in traditional search funds
- Personal risk and work involved in self-funded search
- Being on the right side of the SBA loan
- Tying profit sharing to gross profit
- Adam's decision to hold the business indefinitely
References and how to contact Adam:
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