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From Midnight Deliveries to $28m Holdco (in 6 Years)
Manage episode 420666110 series 2931927
Summary from Webflow: The first business Colin King bought was tiny & unpleasant but also the crucial first step to buying more & better ones.
Topics in Colin’s interview:
- Finding his first business (and business partner) on Craigslist
- Delivering auto parts in the middle of the night
- Buying a turnaround silk florals business
- When his clothing business doubled in revenue overnight
- Day-to-day logistics of running diverse businesses
- Acquiring remote businesses: bookkeeping and e-learning
- Importance of working capital in seasonal businesses
- Pros and cons of having a diverse portfolio of companies
- Asking advice for the future of his holdco
- Finding and managing talent across diverse businesses
References and how to contact Colin:
- colin@circlecitycapitalgroup.com
- Circle City Capital Group
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 complimentary due diligence on your acquisition's insurance & benefits program:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
294 episodes
Manage episode 420666110 series 2931927
Summary from Webflow: The first business Colin King bought was tiny & unpleasant but also the crucial first step to buying more & better ones.
Topics in Colin’s interview:
- Finding his first business (and business partner) on Craigslist
- Delivering auto parts in the middle of the night
- Buying a turnaround silk florals business
- When his clothing business doubled in revenue overnight
- Day-to-day logistics of running diverse businesses
- Acquiring remote businesses: bookkeeping and e-learning
- Importance of working capital in seasonal businesses
- Pros and cons of having a diverse portfolio of companies
- Asking advice for the future of his holdco
- Finding and managing talent across diverse businesses
References and how to contact Colin:
- colin@circlecitycapitalgroup.com
- Circle City Capital Group
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 complimentary due diligence on your acquisition's insurance & benefits program:
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
294 episodes
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