Buy & Build a Trash Business to a $4.4m Exit | Patrick Norris Interview скачать в хорошем качестве

Buy & Build a Trash Business to a $4.4m Exit | Patrick Norris Interview

You ever listen to Acquiring Minds and feel discouraged that you don't have an MBA or a background in finance? This episode is for you. Patrick Norris went from Marine, to garbage man, to manager of a local trash company, to... buyer of his own trash business. He bought a small one, just $625k in revenue. A little family business with a burned-out owner. Patrick bought it (for a song, by the way), grew it, and sold it for $4.4m five years later. And oh by the way, he'd also generated $1m for himself in the meantime. Phenomenal outcome for Patrick. Also, see what you think of the trash business. We spend a lot of time just learning the industry, which was a joy. Here's Patrick Norris, former owner of Mr. Trashman. ❤️ Enjoy this interview? SUBSCRIBE for more: https://bit.ly/42hLnN0 00:00:00. Patrick’s background 00:04:30. Patrick decides to buy a business 00:11:08. Patrick finds the right business 00:19:14. Operating the trash business 00:24:23. What’s hard about the trash business 00:31:24. Municipal vs private trash collection service 00:40:12. The cycle of startups and acquisitions in the waste industry 00:49:44. Terms of the deal 00:58:55. Churn in the trash business 01:05:36. Challenge of hiring for a demanding job 01:14:44. How he grew his business 4x 01:23:05. Patrick exits his company 01:29:35. The one thing he would do differently 01:32:22. Advice for searchers 01:40:51 Post-sale reflections and future aspirations CONNECT with the Acquiring Minds podcast, socials, etc. 🎧 Podcast on Spotify: https://open.spotify.com/show/2vZrl0u... 🎧 Podcast on Apple: https://podcasts.apple.com/us/podcast... 👉 Get notified of new interviews: https://acquiringminds.co 👉 Follow host Will Smith on Twitter:   / whentheresawill   👉 Connect with host Will Smith on LinkedIn:   / willsmithsf   ABOUT Acquiring Minds Acquiring Minds is a podcast about buying businesses. Acquiring an existing business is an awesome opportunity for many entrepreneurs, and host Will Smith talks to the people who do it. New episodes 2x per week. #business #acquisitions