Tim Lahey has doubled the $1.6m company he bought, and buying small has prepared him well for the next phase of growth.
Topics in Tim’s interview:
- Being inspired by Doug Cook
- Looking for a “dusty, not rusty” business
- Partnering with an M&A firm to search
- Acquiring a home technology company
- Getting bitten on a cashflow crunch
- Handling customer complaints as the owner
- Culture of small businesses
- Changing too much too fast
- Listening for what customers want
- Challenges of buying small
References and how to contact Tim:
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