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Acquiring Minds

3 Years Later, Climbing Out of the J Curve

81 min • 30 maj 2024

Matt Drndak bought a parts business with a plan to grow it. It worked — he's doubled earnings. But it's taken patience.

Topics in Matt’s interview:

  • Losing everything in the Great Recession
  • His experience in franchises
  • Buying an online store for construction equipment parts
  • Leveraging service to stand out from competitors
  • Determining the value of the inventory
  • Serving customers with low computer literacy
  • Non-mechanic buying a mechanical parts business
  • Capturing the seller’s technical knowledge in YouTube videos
  • Doubling revenue in 3 years
  • Implementing EOS for future success

References and how to contact Matt:

Smithlist 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:

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Learn more about Walker Deibel's done-with-you buy-side advisory:

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