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3 Years Later, Climbing Out of the J Curve
Published 2 years, 4 months ago
Description
Matt Drndak bought a parts business with a plan to grow it. It worked — he's doubled earnings. But it's taken patience.
Topics in Matt’s interview:
- Losing everything in the Great Recession
- His experience in franchises
- Buying an online store for construction equipment parts
- Leveraging service to stand out from competitors
- Determining the value of the inventory
- Serving customers with low computer literacy
- Non-mechanic buying a mechanical parts business
- Capturing the seller’s technical knowledge in YouTube videos
- Doubling revenue in 3 years
- Implementing EOS for future success
References and how to contact Matt:
Smithlist 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:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter