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Too Good to Be True: Year 1 in a $700k SDE Business
Published 4 months, 2 weeks ago
Description
Zack Mutnik thought he bought a $1.5m electrical contracting business for 2.3x. The numbers weren't what they seemed.
Register for the webinar:
- Kill It Early: Spot Red Flags Before Spending on Diligence - TODAY!! - https://bit.ly/4eBVO6E
Topics in Zack’s interview:
- Learning leadership in the Navy
- Managing chaos with ADHD
- Undisclosed surprises after acquisition
- Replacing 8/10 employees
- Heavy emphasis on company culture
- Deciding to change the business name
- Training his employees to be independent
- Growing revenue despite a rocky start
- Marketing is not a quick fix
- Finding employees in a rural market
References and how to contact Zack:
Get a complimentary IT audit for acquisition diligence or post-close transition.
- Visit inzotechnologies.com/eta.
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact jenny@aspenhr.com
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 and produced by Pam Cameron