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Perils in Partnership: Plumbing Acquisition Gone Wrong
- 2024/12/19
- 再生時間： 1 時間 31 分
- ポッドキャスト
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サマリー
あらすじ・解説
Josh Key partnered with a master plumber from his church to acquire a plumbing business doing $1.25m. It ended badly.
Topics in Josh’s interview:
- Buying a plumbing business with a partner
- Quitting his job to go all-in
- Inadequate due diligence on his partner
- His partner’s wife getting involved in the business
- Emotional outbursts and threats from his partner
- Employees and clients leaving due to the partner
- Closing the business and filing for bankruptcy
- What he learned about due diligence
- How his mindset is guided by his faith
- What he wants to do next
References and how to contact Josh:
- josh@castlekeyholdings.com
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
- Matthias Smith of Pioneer Capital Advisory
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Learn more about Walker Deibel's done-with-you buy-side advisory:
- The Acquisition Lab
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter