Secrets To Scaling Your Ecommerce Brand Ep 452: Buying Distressed Businesses With Kelcey Lehrich, 365 Holdings
Deciding to exit a business can be a difficult decision for some business owners. However, the longer you wait, the more difficult it is and the less favorable the transaction will be.
In this episode, Kelcey Lehrich from 365 Holdings is back and he talks about them buying distressed businesses, what that looks like, what valuations look like right now, and what the M&A looks like.
Listen and learn in this episode!
KEY TAKEAWAYS FROM THIS EPISODE
- If you look at any niche category, the longer you're in the game, the bigger your email list is, the more brand search you have, and the better domain authority you have.
- People should be leaning into demand creation and customer acquisition if their economics work.
- If you are motivated to sell, a good buyer will pay a good price for your business.
- Prices will depend on the quality of your business.
- Growing through acquisitions once you have a platform is a great way to scale your company.
- If you’re worried about your business, start sooner. The longer you wait, the harder it gets, and the less favorable that transaction probably is going to be.
- Get a coach, get somebody outside of yourself because you may not recognize some things when you make decisions.
Recommended Tool:
Triple Whale https://www.triplewhale.com/
Recommended Podcasts:
My First Million https://www.mfmpod.com/
Business Breakdowns https://podcasts.apple.com/ph/podcast/business-breakdowns/id1559120677
Invest Like the Best https://podcasts.apple.com/ph/podcast/invest-like-the-best-with-patrick-oshaughnessy/id1154105909
Think Like an Owner https://podcasts.apple.com/ph/podcast/think-like-an-owner/id1445929750
Today’s Guest:
Kelcey Lehrich is a co-founder and the CEO of 365 Holdings. They are a private investment company acquiring e-commerce brands, primarily selling on the internet. They currently have 9 brands in their portfolio today.
Connect and learn more about Kelcey and 365 Holdings here:
Website: www.365-holdings.com
Twitter: https://twitter.com/kelceylehrich?lang=en
LinkedIn: https://www.linkedin.com/in/kelceylehrich/
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