Factory Life: Buying a Manufacturer with $1m SDE
Ben Jasper made a change at age 40, acquiring a plastic bag manufacturer with 10 people & a daily start time of 4:30am.
Topics in Ben’s interview:
Managing a portfolio of $500 million on Wall Street
Leaving finance to prioritize family
Buying a plastic bag manufacturer
Starting his work day at 3:30 AM
His intense 2-month initiation
Creating a manual and financial model to manage the business
Challenges of maintaining old machinery
Understanding his employees' personal values
Long-term vision to hire an operator
Negative revenue growth in the manufacturing industry
References and how to…
The skinny
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