Go offline with the Player FM app!
What I learned from buying a failing business - Duke Heninger
Manage episode 408198076 series 2950381
Duke Heninger's journey from CFO to acquisition entrepreneur is a tale of resilience, adaptation, and learning. Taking on a failing restoration company, Duke faced the steep challenges of an industry built on trust and relationships, grappling with cash flow issues and operational hurdles.
An unexpected large job opportunity provided a lifeline, allowing him to stabilize the business temporarily. However, the relentless challenges of sales, finances, and the impacts of COVID-19 led
Duke to a critical decision: selling the company.
This journey, filled with regret, trials, taught him invaluable lessons on due diligence, cash forecasting, and the essence of building genuine relationships.
Now a fractional CFO, Duke's experiences have equipped him to guide other entrepreneurs through their financial challenges with empathy and effectiveness. #Entrepreneurship #Resilience #BusinessGrowth #Leadership
155 episodes
Manage episode 408198076 series 2950381
Duke Heninger's journey from CFO to acquisition entrepreneur is a tale of resilience, adaptation, and learning. Taking on a failing restoration company, Duke faced the steep challenges of an industry built on trust and relationships, grappling with cash flow issues and operational hurdles.
An unexpected large job opportunity provided a lifeline, allowing him to stabilize the business temporarily. However, the relentless challenges of sales, finances, and the impacts of COVID-19 led
Duke to a critical decision: selling the company.
This journey, filled with regret, trials, taught him invaluable lessons on due diligence, cash forecasting, and the essence of building genuine relationships.
Now a fractional CFO, Duke's experiences have equipped him to guide other entrepreneurs through their financial challenges with empathy and effectiveness. #Entrepreneurship #Resilience #BusinessGrowth #Leadership
155 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.