
Let’s Buy a Business
Startup to $15M Revenue + 2 Acquisitions with Jordan Hammond
Jul 2, 2024
Jordan Hammond, a dynamic entrepreneur who turned early setbacks into stepping stones, shares his journey of scaling a startup to $15 million in revenue while completing two acquisitions. He discusses the power of collaboration, especially with competitors, to overcome challenges. The importance of a skilled CFO and networking in strategic growth are also highlighted. Jordan reveals his insights into navigating cash flow issues and his plans for future acquisitions, showcasing how creativity can drive revenue, even in uncertain times.
27:05
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Quick takeaways
- Jordan Hammond transformed early setbacks like bankruptcy into crucial lessons that fueled his entrepreneurial success and resilience.
- By building strong relationships with competitors, Hammond strategically leveraged industry connections to create acquisition opportunities during challenging times.
Deep dives
Overcoming Early Failures
The journey of an entrepreneur often includes setbacks, and one significant challenge faced was bankruptcy early in Jordan Hammond's career. This experience, while difficult, became a pivotal turning point that solidified his identity as an entrepreneur. Instead of succumbing to defeat, he reframed his failures as lessons that propelled him to rebuild and grow his business. His resilience and determination to learn led him to recognize that abandoning his entrepreneurial aspirations would be his greatest mistake.
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