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Reviving a Covid-Crushed Business: $0 to $6M in 3 Years

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Manage episode 493055244 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Adam Rao took a chance on an exhibit production business that had generated zero revenue in 15 months. It's gone well.

Topics in Adam’s interview:

  • Discovering impact companies
  • Acquiring with a business partner
  • Buying a distressed business during Covid
  • Getting 100% seller financing
  • Inheriting an angry, dysfunctional staff
  • A brutal first 9 months
  • Acquiring an add-on with an SBA loan
  • His role as the visionary
  • Achieving stability by merging companies
  • Reducing waste in a high-waste industry

References and how to contact Adam:

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

Get a free review of your books & financial ops from System Six (a $500 value):

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

375 episodes

Artwork
iconShare
 
Manage episode 493055244 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Adam Rao took a chance on an exhibit production business that had generated zero revenue in 15 months. It's gone well.

Topics in Adam’s interview:

  • Discovering impact companies
  • Acquiring with a business partner
  • Buying a distressed business during Covid
  • Getting 100% seller financing
  • Inheriting an angry, dysfunctional staff
  • A brutal first 9 months
  • Acquiring an add-on with an SBA loan
  • His role as the visionary
  • Achieving stability by merging companies
  • Reducing waste in a high-waste industry

References and how to contact Adam:

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

Get a free review of your books & financial ops from System Six (a $500 value):

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

375 episodes

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