Selling a Business for 5x a Year After Buying It
Acquiring Minds
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Do You Feel Like You Learned a Lot From That First Experience?
I would say 75 to 80% is the same. You apply everything and I'm applying everything that I learned from that. So those are all similar. But then there were individual product challenges that needed to be lived back. And we realized it had a small tin-ton tube of glue that really we didn't need to have in there. That glue was what me was making it a hazmat because it could do it's flammable. Call the supplier and said start taking the glue out of it from not in the next container. Just doing that has added $20,000 per container in profits.
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