Acquiring Minds

Bought Tiny, Grew to $4m


Listen Later

SBA lender Chad Fondriest got the itch to get in the game himself & bought a couple's hobby business doing just $150k.

Topics in Chad’s interview:

  • Keeping his W-2 while running the business
  • Quadrupling revenue in 2 years
  • Getting listed on Wayfair
  • Tradeoffs of selling on Amazon
  • High importance of inventory management 
  • Explosive growth during Covid
  • How he estimated market size
  • Difficulty of competing in ecommerce
  • Forecasting trends a year in advance
  • Grief and joy of managing creatives

References and how to contact Chad:

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
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

242 ratings


More shows like Acquiring Minds

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

Invest Like the Best with Patrick O'Shaughnessy

2,322 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

211 Listeners

Founders by David Senra

Founders

2,108 Listeners

M&A Science by Kison Patel

M&A Science

137 Listeners

The Sweaty Startup by Nick Huber

The Sweaty Startup

369 Listeners

POWERS by Chris Powers

POWERS

494 Listeners

My First Million by Hubspot Media

My First Million

2,632 Listeners

Minds Capital Podcast by Will Smith & Niklas James

Minds Capital Podcast

14 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

247 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

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

206 Listeners

Moneywise by Hampton

Moneywise

652 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

221 Listeners

Think Big, Buy Small by Harvard Business School

Think Big, Buy Small

39 Listeners