Why Buy a Small Manufacturing Business
May 09, 2022•49 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode 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
Links & mentions:
For the best experience, listen in Metacast app for iOS or Android