Fire, Covid, Exit: 5 Years in a $12m Events Business
Feb 15, 2024•1 hr 46 min
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Episode description
Register here for the webinar, How to Raise Equity to Buy a Business
Will Wright bought a big event rental business in December 2018. When Covid hit, he turned crisis into opportunity.
Topics in Will’s interview:
- Benefits of a traditional search fund
- Feeling like a “wartime president”
- His brutal first year as owner
- Value of a strong company culture
- Scrambling to fulfill contracts after a large warehouse fire
- Layoff and salary cuts during Covid
- Building and strengthening the business during Covid
- Creating an incentive strategy for employees
- Texas as an attractive place for business
- How sailing prepared him for leading people
References and how to contact Will Wright:
- Everybody Matters by Bob Chapman and Raj Sisodia
- Peerless Events and Tents
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
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