Acquiring Minds

Boom, Bust, Boom: Buying a Whiplash Business


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Chandler Reed reflects on buying a project-based business in 2021, seeing sales soar, then crash, then surge again. 

Topics in Chandler’s interview:

  • His unconventional entrance into the search space
  • Buying a commercial lighting contractor
  • Incentivizing the sole employee to stay on
  • The challenges of managing people
  • The ups and downs of project-based revenue
  • How interest rates affected his deal flow
  • Involvement with Sam Rosati’s boot camp
  • Choosing a business based on desired lifestyle
  • Pros and cons of subcontracting
  • His preference for digital over physical businesses

References and how to contact Chandler:

  • LinkedIn
  • Twitter
  • SMBootcamp
  • Pursuant Capital Bootcamp
  • SMBash

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

 Get complimentary due diligence on your acquisition's insurance & benefits program:

  • Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

  • See past + future interviews on the YouTube channel
  • Connect with host Will Smith on LinkedIn
  • Follow Will on Twitter
...more
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Acquiring MindsBy Will Smith

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