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Reviving a Covid-Crushed Business: $0 to $6M in 3 Years
Published 1 year, 2 months ago
Description
Adam Rao took a chance on an exhibit production business that had generated zero revenue in 15 months. It's gone well.
Topics in Adam’s interview:
- Discovering impact companies
- Acquiring with a business partner
- Buying a distressed business during Covid
- Getting 100% seller financing
- Inheriting an angry, dysfunctional staff
- A brutal first 9 months
- Acquiring an add-on with an SBA loan
- His role as the visionary
- Achieving stability by merging companies
- Reducing waste in a high-waste industry
References and how to contact Adam:
Get complimentary due diligence on your acquisition's insurance & benefits program:
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
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
Edited by Anton Rohozov
Produced by Pam Cameron