Buying a 1-Product Business, Building It to a Big Exit
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Buying a 1-Product Business, Building It to a Big Exit
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Narrated by:
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Written by:
Jay Boren bought a tiny grease tool business run out of a living room, then grew it into a brand with 250 products.
Register for the webinar:
- The Small Things That Sink First-Year Owners - TODAY!! - https://bit.ly/3VAOWiq
Topics in Jay’s interview:
- Choosing Vermont over Silicon Valley
- Solving geography through ETA
- Discovering LockNLube through Tuck
- Turning a grease coupler into opportunity
- Navigating a hostile South African supplier
- Buying LockNLube as an intern
- Structuring a heavily seller-financed acquisition
- Expanding from one SKU to 250
- Scaling through digital advertising and Amazon
- Exiting LockNLube and staying through integration
References and how to contact Jay:
- LockNLube
- Jarrett Burke on Acquiring Minds: When a Restaurant Is a Great Business to Buy
Contact Jenny to learn how Engage can run people operations in your acquisition:
- Jenny Thear: jthear@engagepeo.com
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
Get a complimentary IT audit for acquisition diligence or post-close transition.
- Visit inzotechnologies.com/eta.
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov and produced by Pam Cameron
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