• How to Move the Needle in a $600k SDE Trades Business

  • Feb 3 2025
  • Length: 1 hr and 41 mins
  • Podcast

How to Move the Needle in a $600k SDE Trades Business

  • Summary

  • Register for the webinars:

    • 5 Stages of the Business Buying Process - Thu Feb 6 - https://bit.ly/3En1vFu
    • Legal Aspects of Debt Financing - Thu Feb 13 - https://bit.ly/3EjjOex


    7 months into ownership of a $2m fencing business, Kirk Olson is learning how to manage culture, tech, and cash flow.

    Topics in Kirk’s interview:

    • Achieving financial independence, but deciding not to retire
    • Buying a business for a total life upgrade
    • Negotiating with very difficult sellers
    • Structuring real estate into the deal
    • Returning after the first deal died
    • Sales dropping after the transition
    • Learning to calculate the cost of a job
    • Introducing a CRM and ditching the fax
    • Making Mike’s Fencing a great place to work
    • Turning on digital marketing

    References and how to contact Kirk:

    • kolson@mikesfencing.com
    • Mike’s Fencing
    • John Murphy’s episode: The Double Life of Owning a Business 2.5 Hours Away

    Get a free review of your books & financial ops from System Six (a $500 value):

    • Book a call with Tim or hello@systemsix.com and mention Acquiring Minds

    Download the New CEO’s Guide to Human Resources from Aspen HR:

    • From this page or contact mark@aspenhr.com

    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
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