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Building a $10m Platform from 2 Low-SDE Businesses

Acquiring Minds

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Navigating Challenges in Business Acquisition and Growth

The chapter explores the complexities and risks involved in buying and growing a business, emphasizing the importance of reinvesting profits, industry knowledge, and managing financial risks. It highlights the transitional challenges from working in the business to working on the business, focusing on implementing new strategies and defining roles. The long-term plan for the company to become a $100 million revenue multi-trade, multi-city business is outlined, with strategic plans for the upcoming years discussed.

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