How to Buy a $5m Business & Hire an Operator to Run It
It CAN be done: Matthew Saskin recently acquired a big towing business, hiring an operator to run it from day 1.
Topics in Matthew Saskin’s interview:
Why he chose a towing company
Putting in an operator from day one
Improvements he made right away
Why he kept his day job (and how he manages it)
His COO’s compensation package
What is phantom equity (and how it’s different from true equity)
How real estate investment is different from SMB ownership
The landscape of the towing industry
Revenue streams for towing companies
How they recruit drivers
Links and how to contact Matthew:
Matt's…
The skinny
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