Buy and 3x a Project-Based Business in Just 2 Years

In 2021, Johannes Hock bought an artificial turf installer business doing $5m. It's on track to exceed $15m in 2023. Topics in Johannes’s interview:Comparing opportunities in private equity vs searchSources of deal flow beyond BizBuySellMapping multiples to months for better perspectiveAcquiring an artificial turf companyThe luxury of finding a business with a GMHow to value and finance a fast-growing businessTracking data from day one of ownershipHow weather affects his cash flowUnexpected costs of sales commissionsBenefits of having a partner in searchReferences and how to contact Johannes:LinkedInTwitterDFW Turf SolutionsBuy Small Sell HighGet a complementary pre-acquisition HR & PEO review for your target business:Contact mark@aspenhr.com or visit Aspen HR Get complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channel Connect with host Will Smith on LinkedIn Follow Will on Twitter

Om Podcasten

Buying a business is an amazing path for many successful entrepreneurs. Learn how to buy a business from the entrepreneurs who have already done it. 2x per week: stories, insights, & valuable advice about acquisition entrepreneurship. Hosted by Will Smith, who is on his own path to acquire a business. Also on YouTube: https://www.youtube.com/@AcquiringMinds Sign up for episode summaries at: https://acquiringminds.co