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He Bought A $750k Business From A TWEET (Here's What Happened Next....) w/ Chandler Reed
Apr 22, 2025
Chandler Reed, a savvy entrepreneur who bought a $750k commercial contracting business from a tweet, shares his inspiring journey. He dives into the intricacies of acquiring a struggling business and the resilience needed to navigate the challenges. Chandler discusses innovative financing solutions and the critical role of team engagement post-acquisition. He highlights the importance of strategic marketing and leveraging past job experiences to build success. Join him as he reveals valuable lessons for aspiring small business owners!
36:51
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Quick takeaways
- Chandler's unconventional acquisition of a business via a tweet showcases how unique opportunities can lead to entrepreneurial success.
- His strategy of diversifying offerings and engaging frontline staff highlights the importance of adaptability and collaboration in business operations.
Deep dives
From Tweet to Acquisition
Chandler Reed's journey into business acquisition began unexpectedly when he purchased a struggling commercial contracting business from a tweet. Initially working in commercial real estate, he stumbled upon a tweet outlining a business opportunity that matched his skills in multifamily real estate and his drive as a 25-year-old. This led him to contact his mentor and together with a partner, they closed the deal on the business, which had significantly declined from a previous $10 million revenue to just $750,000. Reed approached this risky venture as a real-life MBA experience, demonstrating how unconventional paths can lead to entrepreneurial opportunities.
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