Acquiring Minds Turning a $250k Investment into $7m+
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May 5, 2025 Marvin Karlow, a former small business owner turned M&A advisor, shares his journey from corporate life to acquiring a struggling powder-coating business with $500k. His strategic decision-making helped transform this venture into a $21m success in just eight years. Marvin discusses navigating the challenges of customer reliance and the crucial turnaround moments that led to growth. He also emphasizes tax advantages through QSBS, the importance of partnerships, and the complexities of the acquisition process. A must-hear for aspiring entrepreneurs!
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Corporate Exit Sparks Entrepreneurship
- Marvin Karlow resigned from his corporate job feeling miserable and uncertain about his future.
- He immediately contacted his best friend to pursue entrepreneurship together.
First Business Visit: Culture Shock
- Marvin and his partner visited a powder coating business, unfamiliar and daunting at first impression.
- Despite initial doubts, they recognized the business's underlying quality and potential.
Use Loan Brokers for SBA Loans
- Use loan brokers when seeking SBA loans to navigate lenders more effectively.
- Brokers increase chances of loan approval by matching your deal to the right lender appetite.