From €4 Million, to Zero, to €12 Million
Despite skepticism from her US investors, Ivona Butcher bought (and tripled) a business in her native Czech Republic.
Topics in Ivona’s interview:
Doing business in a post-Soviet culture
Determination to acquire in the Czech Republic
Buying a business as a married couple
Getting into exhibition services right before Covid
Losing all revenue at onset of Covid
Pivoting to virtual events
Finding work for their carpenters and metalsmiths
Aggressively re-negotiating their loan with the bank
Buying back the seller note at a huge discount
Surviving Covid and doubling EBITDA
References and how to…
The skinny
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