Bought Tiny, Grew to $4m

Acquiring Minds

SBA lender Chad Fondriest got the itch to get in the game himself & bought a couple's hobby business doing just $150k.

Topics in Chad’s interview:

• Keeping his W-2 while running the business
• Quadrupling revenue in 2 years
• Getting listed on Wayfair
• Tradeoffs of selling on Amazon
• High importance of inventory management
• Explosive growth during Covid
• How he estimated market size
• Difficulty of competing in ecommerce
• Forecasting trends a year in advance
• Grief and joy of managing creatives

References and how to contact Chad:

• Darby Creek Trading
• [e-mail]
• Twitter
• LinkedIn

Get a complementary pre-acquisition HR & PEO review for your target business:

• Contact [e-mail] or visit Aspen HR

Get complimentary due diligence on your acquisition's insurance & benefits program:

• Oberle Risk Strategies - Search Fund Team

Connect with Acquiring Minds:

• See past + future interviews on the YouTube channel
• Connect with host Will Smith on LinkedIn
• Follow Will on Twitter