Cash Flows Over Exits: Buying for the Long Term
Nov 20, 2023•1 hr 33 min
Episode description
Sensing untapped potential, Mark Olivito paid cash for a project-based construction business with less than $100k SDE.
Topics in Mark’s interview:
- Buying a business that checked all the wrong boxes
- Why he “overpaid” to acquire PAVERART
- What attracted him to the business
- His passion for building a successful blue-collar business
- Glamorization of entrepreneurship
- The importance of showing up and “eating last”
- The trades as a lucrative alternative to college
- Mental health challenges in small business ownership
- Building resiliency before trying to grow
- His advice for those interested in buying a business
References and how to contact Mark:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
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
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