7. How I Acquired a Failing Business and Tripled Sales in Weeks

Disclaimer: This video contains discussions about hunting and the hunting industry, we understand this may not be suitable for all viewers.

In this episode, I dive into how I acquired a struggling business in the hunting industry and managed to triple its sales within weeks. With decades of entrepreneurial experience, I share why I believed this acquisition was a great opportunity, despite the company’s mismanagement and debt issues.

We discuss:

• Identifying business potential beyond the numbers.
• How trust and aligned incentives are key to a successful partnership.
• The difference between gross margin and net margin and why it matters.
• Why growth is essential for business survival.

I also break down the strategies we used to eliminate barriers to growth and offer insights into my process for structuring deals that create long-term success. If you're interested in learning more, sign up for my newsletter, where I share detailed financials and deeper analysis.

Listen in to hear the story behind this acquisition, my partnership approach, and lessons learned over years of buying and growing businesses.

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Links for my new business!

www.velvetantlertechnologies.com 

https://www.youtube.com/@velvetantlertechnologies 

https://www.instagram.com/velvetantlertechnologies/ 

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