Why Work IN the Business You Buy (Not Just On It‪)‬ Acquiring Minds

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Before acquiring a commercial painting business doing around $2m, Colin Gates worked on a crew as one of its painters.
Topics in Colin's interview:
Aggressively saving while working in private equityRecurring revenue is BSDon’t sweat getting the perfect purchase priceWorking as a painter for a month before buyingManaging prima donna employeesHis strategy of constantly bidding jobs and hiring Putting in a project manager and a GMWhy he stopped requiring depositsThe seller staying on as an employeeImportance of cash flow in keeping a business goingReferences and how to contact Colin:
LinkedInTwitterMastercraft Coatingsmastercraftcoatingsfl@gmail.comSmithlist 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 BusinessGet a complementary pre-acquisition HR & PEO review for your target business:
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