Buying for $600k, Selling for $35m
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to basket failed.
Please try again later
Add to Wish List failed.
Please try again later
Remove from Wish List failed.
Please try again later
Follow podcast failed
Unfollow podcast failed
Buying for $600k, Selling for $35m
-
Narrated by:
-
By:
About this listen
Jake Bittner bought an unprofitable carve-out doing $3m. A key pivot grew revenue to $20m and got the attention of PE.
Register for the webinar:
- How to Run the SBA Deal Race - Dec 4th - https://bit.ly/44whqv6
Topics in Jake’s interview:
- Building a nest egg before leaving his job
- Fallout from his father’s failed businesses
- Calculating the value of a business losing money
- Disliking the bureaucracy of large companies
- Joining his friend to run a distressed company
- Employee war stories
- Changing the service they offered
- Achieving 60% margins
- Boosting customer retention
- Selling the company for 11x earnings
References and how to contact Jake:
- Mission Support Partners
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
- Pioneer Capital Advisory
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
No reviews yet
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.