Take Over the Business Before You Buy It
Elias Youssef stepped into an unprofitable plumbing company as its GM, grew it 6x, then got an SBA loan to buy it.
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Structuring LOIs: Competitive Enough to Win, Bankable Enough to Close - Thu, Oct 22 - https://bit.ly/4B7XVHU
Topics in Elias’s interview:
Dropping out of community college
Stacking cash as an appliance salesman
Early real estate joint ventures
Breaking even on an assisted living acquisition
Seeking out HVAC mentorship
The brutality of cold calling
Operating before buying
Majority equity is majority work
Buying is easy. Running it is the hard part…
The skinny
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