Employee Theft, Manager Turnover, and People Challenges

Scott Duncan endured brutal ups & downs — and personal depression — during his ownership of a doomed tool & die business

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Topics in Scott’s interview:

• Wishing he had listened to his gut
• The risk of EBITDA (vs. revenue) concentration
• Managing highly skilled primadonnas 
• Employee theft
• Losing key employees
• Long sales cycles and fixed quotes
• Forced Covid shutdown
• Razor and blade business model
• Facing aggressive creditors
• Filing Chapter 7

References and how to contact Scott:

• LinkedIn

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• The Acquisition Lab

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• Oberle Risk Strategies - Search Fund Team

Download the New CEO’s Guide to Human Resources from Aspen HR:

• From this page or contact mark@aspenhr.com

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter

Edited by Anton Rohozov
Produced by Pam Cameron