Turning a $250k Investment into $7m+
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Turning a $250k Investment into $7m+
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Narrated by:
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About this listen
Register for the webinar:
- Deal Structuring Under the New SBA Rules - Thu May 8 - https://bit.ly/4m7VH47
Marvin Karlow & his partner bought a powder-coating business with $500k in equity. 8 years later, they sold it for $21m.
Topics in Marvin’s interview:
- Going from corporate to blue collar business
- Buying a business with his best friend
- Picking a lane and staying in it
- Biggest customer slashing prices right after transition
- Putting personal money into the business
- Losing a major customer
- The customer that turned it all around
- Buying 2 turnarounds
- Merging and exiting the businesses
- Tax savings through QSBS
References and how to contact Marvin:
- marvin.karlow@raincatcher.com
- Raincatcher
- Steve Mariani
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact mark@aspenhr.com
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
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