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How to Use an SBA Loan to Roll Up from $6m to $140m
Manage episode 482873593 series 2931927
Register for the webinar:
- Use an SBA Loan to Start a Roll-Up - May 22nd - https://bit.ly/4mays9p
Michael Davidov bought a home care agency with an SBA loan. 6 years later, he's grown & acquired to $140m in revenue.
Topics in Michael’s interview:
- His “other side of the table” moment in private equity
- Partnering to buy a home health agency
- Digitizing a pen and paper business
- Seeing his employees as customers
- Narrowly avoiding a payroll disaster
- Going slow to go fast
- Rapid growth through additional acquisitions
- His hiring criteria for leaders
- Absorbing a business much larger than themselves
- Growing revenue beyond $100 million
References and how to contact Michael:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact [email protected]
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
360 episodes
Manage episode 482873593 series 2931927
Register for the webinar:
- Use an SBA Loan to Start a Roll-Up - May 22nd - https://bit.ly/4mays9p
Michael Davidov bought a home care agency with an SBA loan. 6 years later, he's grown & acquired to $140m in revenue.
Topics in Michael’s interview:
- His “other side of the table” moment in private equity
- Partnering to buy a home health agency
- Digitizing a pen and paper business
- Seeing his employees as customers
- Narrowly avoiding a payroll disaster
- Going slow to go fast
- Rapid growth through additional acquisitions
- His hiring criteria for leaders
- Absorbing a business much larger than themselves
- Growing revenue beyond $100 million
References and how to contact Michael:
Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:
Get a complimentary IT audit of your target business:
- Email Nick Akers at [email protected], and tell him you’re a searcher
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact [email protected]
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
360 episodes
All episodes
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