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How to Buy a $5m Business & Hire an Operator to Run It

How to Buy a $5m Business & Hire an Operator to Run It

Acquiring Minds · Will Smith

May 1, 20231h 32m

About this episode

It CAN be done: Matthew Saskin recently acquired a big towing business, hiring an operator to run it from day 1. Topics in Matthew Saskin’s interview:Why he chose a towing companyPutting in an operator from day oneImprovements he made right awayWhy he kept his day job (and how he manages it)His COO’s compensation packageWhat is phantom equity (and how it’s different from true equity)How real estate investment is different from SMB ownershipThe landscape of the towing industryRevenue streams for towing companiesHow they recruit driversLinks and how to contact Matthew:Matt's business plan. We decided not to link to it directly. Email Matt to request a copy, and he'll share it with you directly 👇👇[email protected] Coast TowingLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition Lab

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Topics

entrepreneurshipentrepreneuronline businessSMBacquireacquisition