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Acquiring Minds

The Joys & Pain of Owning a $10m City Bus Business

81 min • 7 augusti 2023

George Goates bought a small shuttle business that he's grown 4x in 8 years, partly by running buses for municipalities. 

Topics in George’s interview:

  • Buying a transport/bussing company
  • Pivoting into operating city buses
  • Importance of relationships in securing contracts
  • Impact of Covid
  • Government corruption in urban transit
  • Promotion opportunities for his employees 
  • Nasty cost of doing business in bussing: frivolous lawsuits
  • Potential for inorganic growth through acquisitions
  • Different niches within transport
  • Relevance of a finance background in his business

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