Ujwal and his VERY unsexy story on building a holding company which is on track to hit 8-figures in EBITDA.
All while being just 32 yrs old, traveling the world and sometimes working 3-4 hrs a week.
The crazy part – he built it with no prior PE or M&A experience.
His secret to success:
"Just go and do it. Have the ability to figure things out. That's all. That's the advice."
We discuss:
— How to save enough to buy a business
— Funding for all of his transactions
— Managing the company while traveling for 3 months
— Doing everything alone, without outside help/assistance
Show Notes:
00:00:00 - Intro
00:00:21 - Ujwal's eatly days as an entrepreneur
00:04:37 - "I did absolutely everything I needed to. Myself!"
00:06:25 - Zero moments of doubt
00:07:50 - The story of the man who acquired Adidas
00:10:35 - Did Ujwal really go to the Rio Olympics 2016?
00:10:55 - Ujwal 1st, 2nd, 3rd, 4th, 5th acquisition (lessons from this)
00:17:55 - BIG QUESTION: How did Ujwal finance all the deals
00:23:45 - DD, Structure - How Ujwal himself figured it all out
00:26:50 - How to do something without prior experience
00:29:15 - You are capable of figuring things out
00:29:45 - Size of HoldCo today, how many machines, headcounts, etc.
00:34:10 - The day-to-day; sometimes working 3-4 hrs a week
00:38:45 - Where does most of the revenue come from
00:45:58 - The biggest challenges in this business
00:54:01 - How to achieve 8-fig EBITDA in 5 yrs
00:57:08 - We get personal - what excites Ujwal?
01:01:11 - Ujwal looks for significant other
01:01:23 - Best investment advice given by Ujwal
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Ujwal on Twitter: https://twitter.com/UjwalVelagapudi
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
