Acquiring Minds

3 Years Later, Climbing Out of the J Curve


Listen Later

Matt Drndak bought a parts business with a plan to grow it. It worked — he's doubled earnings. But it's taken patience.

Topics in Matt’s interview:

  • Losing everything in the Great Recession
  • His experience in franchises
  • Buying an online store for construction equipment parts
  • Leveraging service to stand out from competitors
  • Determining the value of the inventory
  • Serving customers with low computer literacy
  • Non-mechanic buying a mechanical parts business
  • Capturing the seller’s technical knowledge in YouTube videos
  • Doubling revenue in 3 years
  • Implementing EOS for future success

References and how to contact Matt:

  • LinkedIn
  • Twitter
  • DHS Equipment

Smithlist is a new job board for leadership roles at small businesses. If you're not ready to buy a business but want to lead one:

  • Smithlist - Operate & Lead a Business

Get a complementary pre-acquisition HR & PEO review for your target business:

Learn more about Walker Deibel's done-with-you buy-side advisory:

  • The Acquisition Lab

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
View all episodesView all episodes
Download on the App Store

Acquiring MindsBy Will Smith

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

234 ratings


More shows like Acquiring Minds

View all
Built to Sell Radio by John Warrillow

Built to Sell Radio

208 Listeners

Founders by David Senra

Founders

1,935 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,322 Listeners

My First Million by Hubspot Media

My First Million

2,624 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

243 Listeners

The Private Equity Podcast, by Raw Selection by Alex Rawlings

The Private Equity Podcast, by Raw Selection

32 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

353 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

692 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

201 Listeners

50X by Colossus

50X

86 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

169 Listeners

Joys of Compounding by Colossus | Investing & Business Podcasts

Joys of Compounding

98 Listeners

Moneywise by Hampton

Moneywise

646 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

30 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

12 Listeners