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When a $2.8m Acquisition Is More Like Zero-to-One
Published 10 months ago
Description
Dave Gilbert spent 2 years fixing the model and customer concentration of the $750k SDE family business he bought with SBA debt.
Topics in Dave’s interview:
- Leaving tech to buy a white collar business
- Meeting with 120 owners while searching
- Buying a business he initially passed on
- Risks of family members as employees
- Financial surprises after the transition
- Losing 23% of revenue when clients left
- Accountants do not like change
- Recruiting top talent
- Importance of listening to employees
- Transferring his zero-to-one skills
References and how to contact Dave:
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Learn more about Walker Deibel's done-with-you buy-side advisory:
Get complimentary due diligence on your acquisition's insurance & benefits program:
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