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2 contributions to The Acquisitions.com Community
I just finished an incredible conversation with a couple who went from a limo driver and accounts receivable manager to owning three businesses—all within the past year.
They knew nothing about business acquisitions, but they jumped in with both feet. Here's their story: Meet Robert and Mila. Before this leap, Robert was a limo driver and Mila managed accounts receivable for an advertising firm. They were stuck in the 9-to-5 grind, tired of the stress, and ready to take control of their lives. When COVID hit, Robert lost his job, and they decided it was time for a change. With no backup plan, they took a massive risk by investing in a business acquisition program, even though they had no money. After months of searching, they found a hidden gem: a rundown convenience store just 5 minutes from home. But this wasn’t just any convenience store—it came with a post office and a U-Haul dealership. They saw potential where others saw failure. The numbers on the business didn’t make sense at first, but Robert and Mila believed in the location and the business model. They scraped together enough to make the deal happen, even though everyone thought they were crazy. Within months, they doubled their U-Haul fleet and started seeing growth across all areas of the business. They cleaned up the store, brought in new products, and treated their customers like gold. The result? Revenue started climbing. How did they do it? - They worked 12-hour days, 7 days a week, for months. - They reinvested every penny of profit back into the business. - They treated their customers with top-notch service, earning loyal repeat business. And now? Banks that once laughed at them are offering lines of credit to do more acquisitions. They’re not stopping here—Robert and Mila are already planning their next acquisition. Want the full story? I just dropped the full interview with Robert and Mila in my newsletter. We touch on: - How they financed their acquisition with almost no money - The challenges of turning around a failing business - Their future plans for expansion and more. - - Comment “Robert & Mila” and I’ll send you the link.
2 likes • Aug '24
" Robert & Mila"
Just had an amazing chat with my buddy Tyler, a true hustler in the business world.
He shared his journey of acquiring and growing companies using our help. Check this out! 🧵👇 Tyler started with a small home healthcare company and aimed to grow through acquisitions, even during COVID. He targeted home health entrepreneurs with an email campaign. Smart move! 💡 Tyler's first success? Came from sending 270 emails, got 11 solid conversations, and 3 financials using our scripts. One company worth $19M showed interest! 😲 Why would someone sell a $19M company? Simple. They want to enjoy life and spend time with family. Lesson? Understand people's motivations. ❤️ That deal didn’t close, but it gave Tyler the confidence to pivot to real estate. Passion is crucial! 🏡 Tyler partnered with someone in real estate. Authentic conversations led to a partnership where they achieved incredible goals together. Teamwork makes the dream work! 🤝 Another venture? The nail industry! Partnered with a nail artist making $250K. They’re now helping others achieve the same success. 💅 Tyler’s secret? Skill stacking and problem-solving. Every challenge is a learning opportunity. "Acquisitions teach you how to think." 🧠 Daily habits? Gym, routine calls, green tea, and finishing tasks no matter what. Discipline is key! 🏋️‍♂️ Advice for newbies? Trust the process. Be ready for new challenges. "Put other people’s problems before yours. Success will follow." 🌟 Deal flow strategy? Used Facebook groups, state lists, virtual assistants. First campaign cost $1,000 but got quality leads. 📧 Financing? No big checks upfront. Focused on setting systems and valuable partnerships. 💪 Financials? Tyler's first acquisition showed potential with a small investment. Results: 270 emails, 110 opens, 30 replies, 11 solid conversations, 3 financials. Analysis: These numbers show great ROI for small outreach. Tyler connected with high-value companies. Improvement? Scale this approach, refine targeting, and follow-up. Business growth? Tyler aims to uplift over 100 people to six-figure incomes, manage multiple companies, and give back to the community. 🚀
1 like • Jul '24
'Tyler'
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Manya Makwana
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@manya-makwana-3694
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Active 3d ago
Joined Jun 3, 2024
London