Listen "Bought Tiny, Grew to $4m"
Episode Synopsis
SBA lender Chad Fondriest got the itch to get in the game himself & bought a couple's hobby business doing just $150k.Topics in Chad’s interview:Keeping his W-2 while running the businessQuadrupling revenue in 2 yearsGetting listed on WayfairTradeoffs of selling on AmazonHigh importance of inventory management Explosive growth during CovidHow he estimated market sizeDifficulty of competing in ecommerceForecasting trends a year in advanceGrief and joy of managing creativesReferences and how to contact Chad:Darby Creek [email protected] a complementary pre-acquisition HR & PEO review for your target business:Contact [email protected] or visit Aspen HRGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on Twitter
More episodes of the podcast Acquiring Minds
Buying for Brand (Then Growing 4x)
12/01/2026
$14.5m Exit After 5 Years
08/01/2026
Buying Small to Then Buy Larger ($1m SDE)
31/12/2025
Passion & Profit in an American Pastime
29/12/2025
When You Buy a Glorified Job, Not a Business
24/12/2025
Getting Unstuck by Buying a Business
22/12/2025
Reward for 17-Month Deal: $1.8m of EBITDA
15/12/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.