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How to Use an SBA Loan to Roll Up from $6m to $140m

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Manage episode 482873593 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.

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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:

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

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

360 episodes

Artwork
iconShare
 
Manage episode 482873593 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.

Register for the webinar:

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:

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

Connect with Acquiring Minds:

Edited by Anton Rohozov
Produced by Pam Cameron

  continue reading

360 episodes

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