First-Timer Turns $20k into $900k in 19 Months
Only after taking a second look at a small wedding catering & venue business did Nick Patrick recognize an opportunity.
Topics in Nick’s interview:
Buying a business that checked only one box
Getting past major key person risk
Nick's fear of lacking operational experience
Acquiring without an SBA loan or investors
Learning to lead and handle conflict
Operational intensity of a wedding catering business
Cash flow advantages due to up-front deposits
Improvements he made to the business
Realizing he won’t be able double business
Selling the business for a healthy profit
References and how to…
The skinny
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