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Turning a $250k Investment into $7m+

Turning a $250k Investment into $7m+

Published 1 year, 4 months ago
Description

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Marvin Karlow & his partner bought a powder-coating business with $500k in equity. 8 years later, they exited.

Topics in Marvin’s interview:

  • Going from corporate to blue collar business
  • Buying a business with his best friend
  • Picking a lane and staying in it
  • Biggest customer slashing prices right after transition
  • Putting personal money into the business
  • Losing a major customer
  • The customer that turned it all around
  • Buying 2 turnarounds
  • Merging and exiting the businesses
  • Tax savings through QSBS

References and how to contact Marvin:

Download the New CEO’s Guide to Human Resources from Aspen HR:

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Get a complimentary IT audit of your target business:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

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