5x in 5 Years: Buying Small to Grow Quickly
Acquiring Minds
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How to Get Conviction to Acquire a Business in Five Years
Chase: One of your key filters that you put an acquisition opportunity through is we need conviction that we can 5x this business in five years. You say it's why we've exclusively acquired businesses where we have conviction, we can apply our playbook to grow the business quickly into more stable territory. So part of this 5x in five years playbook is also buying quite small businesses. Chase: We look at it as almost ripping the band-aid off. We want to make some one- time investments in time and one-time investments in capital in order to go and really rejuvenate this business and accelerate it into its multi-decade strategy.
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