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2 Welders and a Shop... to $3.8m in Sales

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Manage episode 422794017 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Register here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)

Matt Pohl & his wife bought a small welding business with extreme key person risk. They 4x'd the business in 2 years.

Topics in Matt’s interview:

  • Starting, growing and selling his own business
  • Acquiring a welding business with his wife
  • Learning how to hire welders
  • The difficulties of hiring through a staffing agency
  • Transient nature of welders
  • Growing while maintaining margins
  • Stress of running a business
  • Comparing zero-to-one to acquisition
  • Cashflow management in a project-based business
  • Using ReWild’s methods to grow the business

References and how to contact Guest:

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:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

  continue reading

269 episodes

Artwork
iconShare
 
Manage episode 422794017 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Register here for the webinar, The DO's & DON'Ts of the LOI (legal office hours)

Matt Pohl & his wife bought a small welding business with extreme key person risk. They 4x'd the business in 2 years.

Topics in Matt’s interview:

  • Starting, growing and selling his own business
  • Acquiring a welding business with his wife
  • Learning how to hire welders
  • The difficulties of hiring through a staffing agency
  • Transient nature of welders
  • Growing while maintaining margins
  • Stress of running a business
  • Comparing zero-to-one to acquisition
  • Cashflow management in a project-based business
  • Using ReWild’s methods to grow the business

References and how to contact Guest:

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:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Get complimentary due diligence on your acquisition's insurance & benefits program:

Connect with Acquiring Minds:

  continue reading

269 episodes

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