Hard but Fun: Transitioning a 77-Year-Old Business | Darryl Lindie Interview скачать в хорошем качестве

Hard but Fun: Transitioning a 77-Year-Old Business | Darryl Lindie Interview

Darryl Lindie got the notion to get into small business while in the Navy where he was working in the supply chain, buying materiel from small business owners and getting a window into their careers. It seemed fulfilling, fun, & a good fit for him. A couple years later he found a business doing $650k of SDE, in Rhode Island where he lived and he & his wife had resolved to stay. He closed this past July, 2023. Topics in our interview: buying a cashy business; buying a business with real estate; and the realities of small business ownership — how hard IS it? We also discuss New Majority Capital, Darryl's initiative to enable more underrepresented people to become owners using the path of ETA. ❤️ Enjoy this interview? SUBSCRIBE for more: https://bit.ly/42hLnN0 00:00:00. Darryl’s background in the Navy 00:06:54. How getting an MBA might slow you down 00:15:47. Darryl starts searching 00:24:50. Darryl finds the signage company 00:32:31. Details about the business 00:40:24. Getting comfortable with project-based revenue 00:43:01. Deal structure 00:49:28. Mistakes in due diligence 00:53:38. Transitioning to ownership 01:00:00. Improving the culture in 100 days 01:06:02. Hiring a supplier to be his GM 01:13:21. New Majority Capital 01:19:13. Succession Ready 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 #entrepreneur