First-Timer Buys 8-Figure Business 4 Hours Away
Update: 2024-12-30
Description
Nick Molina on how he found, acquired, & plans to manage a 275-employee business in Minneapolis from his home in Miami.
Topics in Nick’s interview:
- Taking his first company public in 1998
- His unwillingness to retire
- The tremendous cost of start-ups
- Which state he won’t do business in
- Buying a business he doesn’t have to operate
- Importance of listening in sales
- Living in Miami while owning a business in Minneapolis
- What makes a good property management business
- Using a loan broker
- Appeal of keeping a business in his family
References and how to contact Nick:
- nick@endangeredinvestments.com
- Endangered Investments
Get a complementary pre-acquisition HR & PEO review for your target business:
- Contact mark@aspenhr.com or visit Aspen HR
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or email hello@systemsix.com and mention Acquiring Minds
Get a complimentary IT audit of your target business:
- Email Nick Akers at nick@inzotechnologies.com, and tell him you’re a searcher
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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