Navigating Failure: Buying a $5m+ Business that Collapses
John Ikalowych shares his traumatic journey of going all-in to buy a hail-repair business, then having to shut it down.
Topics in John Ikalowych’s interview:
John’s background in commercial banking
Buying a car hail repair business
Losing half his staff just months after acquisition
The disaster that tanked their finances
Pivoting from B2C to B2B
Shutting down the business
How the business failure changed him
Closing a business with a personal guarantee
John’s advice to searchers
The importance of peer support
Links and how to contact John:
303-704-2461
Entrepreneurs’ Organization…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.