Years after one venture ended in failure, Jeff Velker bought a $2.5m pen maker with a strong brand & devoted customers.
Topics in Jeff’s interview:
- His experience as a franchisee
- Bankruptcy after the 2008 crash
- The difference between buying a job and owning a business
- Losing his favorite pen led him to a pen company
- Appeal of pens in our digital age
- Acquiring with 2 partners
- Negotiating with a seller who won’t go lower
- Getting buy-in from spouses
- The risks of having his manufacturer in Taiwan
- His goal of $10M in 10 years
References and how to contact Jeff:
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