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Why Buy a Small Manufacturing Business
Published 4 years, 4 months ago
Description
Ex-cop John Hubbard bought a $5m trailer manufacturing biz from an absentee owner & expects to grow to $12m by 2024.
Themes from John’s interview:
- Learning how to run a business, hands-on, before acquiring one
- Transferring military skills to business acquisition
- Raising money on Searchfunder.com
- Asking “dumb questions” to learn quickly
- Choosing self-funded over a traditional search fund to achieve the lifestyle he wanted
- Firing half his customers in the first month of ownership
- Why your search shouldn’t ignore manufacturing businesses
Reach John at:
- By email: john at blue cord capital dot com
- On LinkedIn: John Hubbard
Connect with Acquiring Minds:
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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