About this episode
4 acquisitions, 3 years after the first deal, and 2 dishonest sellers before Chandra Rao went full-time in his holdco.
Topics in Chandra’s interview:
- Learning from due diligence mistakes
- Losing $300k in the first year
- Challenges with payment terms and working capital
- True value of a seller note
- One of his partners embezzled from the companyFppp
- Choosing a conventional loan over SBA
- The electrical contracting and fiber optic cabling businesses
- 6x growth in 4 years
- Juggling a roll-up and a W-2
- A seller who committed fraud
References and how to contact Guest:
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact [email protected] or visit Aspen HR
Work with an SBA broker who focuses exclusively on helping entrepreneurs buy businesses:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Get every episode summarized
Each time Acquiring Minds publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Acquiring Minds
Buy a Business with Your Tax Bill
Acquiring Minds
First-Timer Buys a $15m Business in Distress
Acquiring Minds
An Engineer's Mini Berkshire: 2 Auto Shops in 1 Year
Acquiring Minds
Right-Tail Outcome for a Husband & Wife Search Fund
Acquiring Minds