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Building Trust as New Owner of a $3m Business

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Manage episode 514687754 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ruchik Gandhi was a diligence CPA when he decided to get in the game himself. Becoming an owner has been an education.

Topics in Ruchik’s interview:

  • India > Australia > US immigration
  • Discovery of the wonders of multiple arbitrage
  • Receiving the deal from another searcher
  • Paying a $20k finder’s fee
  • Buying a fabrics and upholstery workroom
  • Learning how to manage a blue-collar workforce
  • Mishandling employee relationships
  • Taking feedback from his managers
  • Earning the employees’ trust
  • His plan for growth in a fragmented industry

References and how to contact Ruchik:

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

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

406 episodes

Artwork
iconShare
 
Manage episode 514687754 series 2931927
Content provided by Will Smith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Will Smith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ruchik Gandhi was a diligence CPA when he decided to get in the game himself. Becoming an owner has been an education.

Topics in Ruchik’s interview:

  • India > Australia > US immigration
  • Discovery of the wonders of multiple arbitrage
  • Receiving the deal from another searcher
  • Paying a $20k finder’s fee
  • Buying a fabrics and upholstery workroom
  • Learning how to manage a blue-collar workforce
  • Mishandling employee relationships
  • Taking feedback from his managers
  • Earning the employees’ trust
  • His plan for growth in a fragmented industry

References and how to contact Ruchik:

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

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Learn more about Walker Deibel's done-with-you buy-side advisory:

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

406 episodes

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