My First Million

How I Bought A Multi-Million Dollar Egg Carton Business For $0

464 snips
Nov 2, 2023
Sarah Moore, a Harvard Business School graduate, shares her incredible journey from a troubled teen to buying a multimillion-dollar egg carton business with $0 down. She discusses her unique strategies for sourcing a free workforce and the importance of mass outreach. The allure of the egg carton business model lies in its simplicity and accessibility. Sarah also reflects on her transformative experiences, highlighting the significance of mentorship and creative acquisition tactics. Her story is a testament to overcoming obstacles and seizing opportunities.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Industry is Overrated

  • Focus on established, consistently profitable businesses when searching for acquisitions.
  • Industry is less important than financial stability and profitability.
ADVICE

Hiring Interns

  • Hire interns from Craigslist for unique perspectives.
  • Offer private equity experience and transparency as incentives.
ADVICE

Mass Outreach

  • When contacting potential sellers, send mass, generic emails to increase reach.
  • Let recipients self-select and clarify your criteria.
Get the Snipd Podcast app to discover more snips from this episode
Get the app