Acquiring Minds Buy & Build a Trash Business to a $4.4m Exit
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Apr 8, 2024 Entrepreneur Patrick Norris shares insights on buying and growing a trash business, discussing the intricacies of trash disposal pricing, niches within the industry, hiring challenges, customer service strategies, and the cycle of building and selling a business. He highlights the benefits of acquiring over starting a business, regretting not hiring a manager, and scaling operations for success.
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From Truck Driver to Owner
- Patrick Norris began his career as a trash truck driver and worked up to supervisor in a small trash company.
- This hands-on experience gave him crucial operational knowledge before buying his own trash business.
Buy a Business to Grow Career
- Learn both the operational and business sides to grow beyond an employee role.
- To control growth and contracts, you must own a business or gain operating experience first.
Strategic Importance of Disposal
- Disposal is the biggest hidden cost and strategic hurdle in the trash business.
- Understanding who controls and charges for disposal is critical before buying a trash company.