Growth Potential Unlocked
Brett shares his initial impressions of acquiring a moving company that was content with its stable performance. He identifies untapped potential for growth, revealing that the business's previous owners were not maximizing its capabilities. As he navigates the challenges of absorbing the workload of both owners, he reflects on the implications of low multiples and the opportunities that lie ahead.In this clip
From this podcast
Acquiring Minds
Reflections on 2 Years in the Knife Fight | Brett Kennedy Interview
Related Questions
How did you rationalize the low multiple? Once you got over your excitement, you could see maybe being like, well, maybe that's actually a yellow or red flag and it's not good news.
Give an example of a time when you thought a business would only scale if you, as the founder, focused on it, but then realized the business would grow even without you focusing on growth, as discussed in the episode 293. 2-3x Your Business This Year With This ONE Question and the clip Work Less, Impact More?
What does a million bucks in a moving company mean for margins and ultimate SDE that you take home or that you are taking home?