Artwork

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.
Player FM - Podcast App
Go offline with the Player FM app!

3 Years Later, Climbing Out of the J Curve

1:21:15
 
Share
 

Manage episode 421074305 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.

Matt Drndak bought a parts business with a plan to grow it. It worked — he's doubled earnings. But it's taken patience.

Topics in Matt’s interview:

  • Losing everything in the Great Recession
  • His experience in franchises
  • Buying an online store for construction equipment parts
  • Leveraging service to stand out from competitors
  • Determining the value of the inventory
  • Serving customers with low computer literacy
  • Non-mechanic buying a mechanical parts business
  • Capturing the seller’s technical knowledge in YouTube videos
  • Doubling revenue in 3 years
  • Implementing EOS for future success

References and how to contact Matt:

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:

Get a complementary pre-acquisition HR & PEO review for your target business:

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

Connect with Acquiring Minds:

  continue reading

265 episodes

Artwork
iconShare
 
Manage episode 421074305 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.

Matt Drndak bought a parts business with a plan to grow it. It worked — he's doubled earnings. But it's taken patience.

Topics in Matt’s interview:

  • Losing everything in the Great Recession
  • His experience in franchises
  • Buying an online store for construction equipment parts
  • Leveraging service to stand out from competitors
  • Determining the value of the inventory
  • Serving customers with low computer literacy
  • Non-mechanic buying a mechanical parts business
  • Capturing the seller’s technical knowledge in YouTube videos
  • Doubling revenue in 3 years
  • Implementing EOS for future success

References and how to contact Matt:

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:

Get a complementary pre-acquisition HR & PEO review for your target business:

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

Connect with Acquiring Minds:

  continue reading

265 episodes

All episodes

×
 
Loading …

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.

 

Quick Reference Guide