From Midnight Deliveries to $28m Holdco (in 6 Years) - podcast episode cover

From Midnight Deliveries to $28m Holdco (in 6 Years)

May 28, 20241 hr 37 min
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Episode description

Summary from Webflow: The first business Colin King bought was tiny & unpleasant but also the crucial first step to buying more & better ones.

Topics in Colin’s interview:

  • Finding his first business (and business partner) on Craigslist
  • Delivering auto parts in the middle of the night
  • Buying a turnaround silk florals business
  • When his clothing business doubled in revenue overnight
  • Day-to-day logistics of running diverse businesses
  • Acquiring remote businesses: bookkeeping and e-learning
  • Importance of working capital in seasonal businesses
  • Pros and cons of having a diverse portfolio of companies
  • Asking advice for the future of his holdco
  •  Finding and managing talent across diverse businesses

References and how to contact Colin:

Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:

Connect with Acquiring Minds:

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