Phil Koller studied the concentration and key man risks in a distribution business well-suited to him — and went for it.
Register for the webinar:
Topics in Philip’s interview:
- Preferred working in a small company
- His friend talked him into real estate, then ETA
- Inspired by Rich Dad, Poor Dad
- Importance of having his wife on board
- Paused search due to upcoming second child
- Bought Roman Enterprises, an automotive paint distributor
- Inherited exactly 1 employee
- Did door-to-door sales to learn market
- Managed customer and supplier concentration risk
- Drew perseverance from grandfather’s Holocaust survival
References and how to contact Philip:
Download the New CEO’s Guide to Human Resources from Aspen HR:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with Acquiring Minds:
Edited by Anton Rohozov
Produced by Pam Cameron
