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Buying a Bankrupt 117-Year-Old Manufacturer
Manage episode 422195346 series 2931927
Register here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)
Despite having no experience in manufacturing, Jens Grudno jumped when he heard about a failing straight-razor business.
Topics in Jens’s interview:
- Buying a bankrupt razor manufacturer
- Embracing risk in German business culture
- Cleaning out and moving a 116-year old business
- Another company poaching their clients
- Pitfalls to avoid when buying a business
- Developing a new, innovative product
- Operating a company six hours from home
- Comparing start-ups to acquisition
- Value of going where there's less competition
- The craft of manufacturing
References and how to contact Jens:
- j.grudno@dovo.com
- DOVO Online
Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:
Register for the Self-Funded Search Conference, September 13th - 15th in Dallas:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
284 episodes
Manage episode 422195346 series 2931927
Register here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)
Despite having no experience in manufacturing, Jens Grudno jumped when he heard about a failing straight-razor business.
Topics in Jens’s interview:
- Buying a bankrupt razor manufacturer
- Embracing risk in German business culture
- Cleaning out and moving a 116-year old business
- Another company poaching their clients
- Pitfalls to avoid when buying a business
- Developing a new, innovative product
- Operating a company six hours from home
- Comparing start-ups to acquisition
- Value of going where there's less competition
- The craft of manufacturing
References and how to contact Jens:
- j.grudno@dovo.com
- DOVO Online
Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:
Register for the Self-Funded Search Conference, September 13th - 15th in Dallas:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
284 episodes
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