Acquiring Minds

Buying & Growing a Business While Keeping a Day Job

5 snips
Jul 11, 2024
Entrepreneur Dominick Blue shares his journey of buying an air duct cleaning business, expanding into HVAC while keeping his W-2 job. He discusses mistakes in diligence, revamping services, finding leaders, ghosted by bank, advantage of selling direct, and his personal and business challenges.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

From Marine to Tech Entrepreneur

  • Dominic Blue, a former Marine, transitioned into tech after 11 years of service.
  • He explored entrepreneurship, including a tech startup and consulting, before discovering ETA.
INSIGHT

Stable Foundation

  • Dominic chose home services due to their stable market and lower multiples compared to tech.
  • He prioritized building a portfolio of stable assets before venturing into higher-risk tech investments.
INSIGHT

Earning Credibility

  • Dominic self-funded his first acquisition to gain credibility and experience.
  • He believes earning a track record will make him more attractive to investors in the future.
Get the Snipd Podcast app to discover more snips from this episode
Get the app