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How One Tweet Led to One SMB Acquisition! - Acquisitions Anonymous Episode 80
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Mar 25, 2022
Episode Duration |
00:43:53

If you liked this episode, subscribe to our weekly newsletter and receive new episodes, offers and learnings directly to your inbox every week:newsletter.acquanon.com/">https://landing-newsletter.acquanon.com/----Michael Girdley (@Girdley) and Bill D’Alessandro (@BillDA) are joined by Joe Cassandra (@JoeCassandra) to hear his lessons learned in SMB ownership, running a children's retail store, owner-employee relationships, building a HoldCo, hidden expenses, and more.

-----Thanks to our sponsors!

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Questions? Call us at 1-800-975-5304 or email hello@fleetio.com—--* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Show Notes:(0:00) Intro(2:09) What is the story on buying a Business for the first time?(4:39) Why did you think this was a good deal?(8:08) How did you evaluate the business on ROI and mitigating risks?(9:56) The business was cheap, it was an asymmetric bet.(13:05) How did you evaluate Location potential and value in the deal?(14:41) You bought the business. What happened next?(16:45) Offline & online marketing strategies(18:00) Owner-employee relationship management and incentive plans to build salesperson loyalty(21:21) What size does the business have? Which are the business numbers?(23:32) Who is the CEO of the business? How much time do you spend weekly?(25:02) What advice would you have on someone trying to replicate your story?(27:36) Fleetio sponsor - Fleet management service - Check them out!(30:49) How does the retail store fit into the HoldCo strategy?(35:45) How do you consolidate your income streams?(37:23) What is your vision as a growth?(38:19) What is it like to own a retailer?-----

Links:*  www.Fleetio.com - Fleet Management Solutions - Questions? Call us at 1-800-975-5304 or email hello@fleetio.com

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Past guests on Acquanon include Nick Hub

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  • Do you enjoy our content? Rate our show!
  • Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

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