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Lessons from a Founder Who Then Started Acquiring
Published 4 years, 5 months ago
Description
Mike Loftus started his landscaping business from scratch, then began buying others to accelerate growth to $4m/yr.
Themes from Mike’s interview:
- Growing a landscaping business organically from the ground up
- Acknowledging your weaknesses and handing them off as soon as you can
- The advantages familiarity with technology bring despite a lack of experience
- Finding acquisition opportunities through unconventional methods
- The importance of recurring revenue in landscaping
- The potential exit opportunities for landscaping owners
Connect with Mike:
- Twitter: @signthefronts
- LinkedIn: Michael Loftus
Connect with Acquiring Minds:
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Links & mentions:
- Connor's Landscape
- Building a Blue Collar Empire: Adrian Pinto on Acquiring Minds
- 7 Years Later: Leaving Wall Street to Buy Small Businesses with Chenmark founders James & Palmer Higgins, on Acquiring Minds
- How to Buy Landscaping Businesses: Mike Botkin's second appearance on Acquiring Minds
- How to Buy a Landscaping Biz & Boost Profits Quick: Mike Botkin's first appearance on Acquiring Minds
- John Wilson on Twitter
- Mills Snell on Twitter