
About this episode
Adam Vandermyde had to be persuaded to acquire the $15m business that he ultimately professionalized and exited to PE.
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Topics in Adam’s interview:
- Leaving consulting 2 months from making partner
- Taking on the CEO role at the target before closing
- Focusing on EBITDA over revenue
- A construction mistake that cost the company dearly
- Parsing data to understand “margin per labor dollar”
- Advantages of being in a high-growth geographical area
- Improving customer service to stand out
- Exiting after 5 years
- Adrenaline rush of sharing his payday with employees
- How it feels to be a millionaire
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- Connect with host Will Smith on LinkedIn
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Edited by Anton Rohozov
Produced by Pam Cameron
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