Building a $10m EBITDA Leader in a Fragmented Space | Nick and Dillan Interview
1.4 هزار بار بازدید -
2 ماه پیش
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Back in 2019, today's guest
Back in 2019, today's guest looked at buying a business that installed & serviced back-up generators. He didn't get that particular business, but it opened his eyes. Over the next 5 years, he learned more about the generator business. The fragmentation. The lack of specialized players. The tailwinds. He got to know 2 other searchers who bought generator businesses; both did well. So by 2023, Nick Haschka had become convinced that there was a big opportunity here. And that seizing it should be his next chapter — indeed, maybe his career-making chapter. This interview will show you how an entrepreneur develops a thesis and, once committed, goes after it hard. You'll hear how Nick hired an operating partner in Dillan Ferguson, who is also with us in the interview. You'll hear how he raised money, how much, and how it was structured. And you'll hear the progress Nick & Dillan have made so far. A fascinating look behind the curtain of two entrepreneurs with an aggressive plan to build a dominant regional platform in 5 years.
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00:00:00. Introduction Nick and Dillan
00:04:51. Forming the partnership
00:10:09. The generator business thesis
00:15:03 Residential vs. commercial clients
00:20:46. The criticality of generators
00:32:54. First acquisition: Conti's Generator
00:38:32. Raising Capital for Expansion
00:44:17. Equity and debt strategies
00:49:55. Challenges of Being an Employer
00:54:11. Transition Challenges
00:58:36. Custom CRM Development
01:03:14. Revenue and Employee Growth
01:07:43. New acquisition announcement
01:14:17. Future goals and KPIs
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: Twitter: whentheresawill
👉 Connect with host Will Smith on LinkedIn: 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
❤️ Enjoy this interview? SUBSCRIBE for more: https://bit.ly/42hLnN0
00:00:00. Introduction Nick and Dillan
00:04:51. Forming the partnership
00:10:09. The generator business thesis
00:15:03 Residential vs. commercial clients
00:20:46. The criticality of generators
00:32:54. First acquisition: Conti's Generator
00:38:32. Raising Capital for Expansion
00:44:17. Equity and debt strategies
00:49:55. Challenges of Being an Employer
00:54:11. Transition Challenges
00:58:36. Custom CRM Development
01:03:14. Revenue and Employee Growth
01:07:43. New acquisition announcement
01:14:17. Future goals and KPIs
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: Twitter: whentheresawill
👉 Connect with host Will Smith on LinkedIn: 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
2 ماه پیش
در تاریخ 1403/04/25 منتشر شده
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