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7. How I Acquired a Failing Business and Tripled Sales in Weeks

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Manage episode 446691587 series 2595794
Content provided by AJ Osborne. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AJ Osborne 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.

Disclaimer: This video contains discussions about hunting and the hunting industry, we understand this may not be suitable for all viewers.

In this episode, I dive into how I acquired a struggling business in the hunting industry and managed to triple its sales within weeks. With decades of entrepreneurial experience, I share why I believed this acquisition was a great opportunity, despite the company’s mismanagement and debt issues.

We discuss:

  • Identifying business potential beyond the numbers.
  • How trust and aligned incentives are key to a successful partnership.
  • The difference between gross margin and net margin and why it matters.
  • Why growth is essential for business survival.

I also break down the strategies we used to eliminate barriers to growth and offer insights into my process for structuring deals that create long-term success. If you're interested in learning more, sign up for my newsletter, where I share detailed financials and deeper analysis.

Listen in to hear the story behind this acquisition, my partnership approach, and lessons learned over years of buying and growing businesses.

Sign up for my newsletter HERE https://www.selfstorageincome.com/start-podcast

Links for my new business!

www.velvetantlertechnologies.com

https://www.youtube.com/@velvetantlertechnologies

https://www.instagram.com/velvetantlertechnologies/

Apply here to be a guest on the AJ Osborne podcast! https://form.asana.com/?k=TGU88eU0bFTFW1iHcckuTA&d=1203571084143207

  continue reading

350 episodes

Artwork
iconShare
 
Manage episode 446691587 series 2595794
Content provided by AJ Osborne. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AJ Osborne 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.

Disclaimer: This video contains discussions about hunting and the hunting industry, we understand this may not be suitable for all viewers.

In this episode, I dive into how I acquired a struggling business in the hunting industry and managed to triple its sales within weeks. With decades of entrepreneurial experience, I share why I believed this acquisition was a great opportunity, despite the company’s mismanagement and debt issues.

We discuss:

  • Identifying business potential beyond the numbers.
  • How trust and aligned incentives are key to a successful partnership.
  • The difference between gross margin and net margin and why it matters.
  • Why growth is essential for business survival.

I also break down the strategies we used to eliminate barriers to growth and offer insights into my process for structuring deals that create long-term success. If you're interested in learning more, sign up for my newsletter, where I share detailed financials and deeper analysis.

Listen in to hear the story behind this acquisition, my partnership approach, and lessons learned over years of buying and growing businesses.

Sign up for my newsletter HERE https://www.selfstorageincome.com/start-podcast

Links for my new business!

www.velvetantlertechnologies.com

https://www.youtube.com/@velvetantlertechnologies

https://www.instagram.com/velvetantlertechnologies/

Apply here to be a guest on the AJ Osborne podcast! https://form.asana.com/?k=TGU88eU0bFTFW1iHcckuTA&d=1203571084143207

  continue reading

350 episodes

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