Jordan Evans left tech & bought a tiny, decades-old language services business. 6 years later, revenue is 17x larger.
Topics in Jordan’s interview:
- Acquiring his parents’ language services business
- Spending 2 years preparing the deal
- Overpaying for a 180k SDE business
- Doubling the businesses through organic growth
- Pros and cons of seller notes
- “We’re buying a bucket of people and problems”
- Bolting on language companies as a growth strategy
- How fast they integrate newly acquired businesses
- Opportunities for white-collar rollups
- Growing from 4 to 42 employees
References and how to contact Jordan:
- Language Network
- Simple Numbers, Straight Talk, Big Profits!: 4 Keys to Unlock Your Business Potential by Greg Crabtree
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Smithlist is a 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
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Hosts & Guests
Information
- Show
- FrequencyUpdated Daily
- PublishedJuly 29, 2024 at 7:00 AM UTC
- Length1h 47m
- RatingClean
