Acquiring Minds One Year, 3x Revenue, and a Clear Path to $15M
54 snips
Jul 21, 2025 Enrique Rodriguez, owner of Mac General Power Solutions, shares his impressive journey of growing his electrical contracting business from $1.4M to $4M in just one year. He discusses the importance of specialization and operational efficiency in boosting revenue. Enrique reflects on his transition from engineering to entrepreneurship, including the challenges of business acquisition and the complexity of the construction bidding process. He emphasizes family support, effective management, and strategic investments as key elements in overcoming hurdles and achieving significant growth.
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Enrique's Career Journey
- Enrique Rodriguez shared his extensive career journey from engineering roles to buying a construction business.
- His background gave him practical experience in various business sizes and industries before acquiring Mac General.
Get An MBA First
- Enrique advises getting an MBA before buying a business to gain confidence in business management.
- He highlights the value of learning finance, accounting, and entrepreneurship before ownership.
Cash Reduces Financial Risk
- Financial risk from a large SBA loan outweighed executing a growth plan on a smaller business.
- Enrique preferred cash-heavy ownership for lower financial risk and direct control over execution.
