How I Bought 12 Small Business in 18 Months (Revenue $13M) | Jeremy Harbour Interview

12/09/2024 1h 2min
How I Bought 12 Small Business in 18 Months (Revenue $13M) | Jeremy Harbour Interview

Listen "How I Bought 12 Small Business in 18 Months (Revenue $13M) | Jeremy Harbour Interview"

Episode Synopsis

Jeremy has bought and sold over 100 businesses, but never uses a broker. Treat a company like a product. You buy one and then you sell it Again, never use brokers! Buy right and you’re gonna win Do more of what works Joint ventures and the beauty of itGreat story with Jeremy building a holding company in Dubai while the team is based in Singapore.Important note: he does all that while traveling twice a month with the family.Enjoy!Show notes:00:00:00 - Intro00:02:29 - First acquisition00:09:51 - Competition on $2-5m deals vs $10m deals00:12:31 - Early days and growth from 25 employees to 135 employees00:17:31 - Having a big income vs. selling the business and putting the profits into a new business00:26:19 - Never use brokers: how to find the best companies and build a pipeline of 100 companies00:35:37 - Characteristics of companies they acquire today00:40:10 - Buy-and-sell vs building a huge holding company00:42:55 - Post acquisition: "I delegate everything, I never show up, and they don't even know me"00:45:22 - Portfolio company as of today00:50:28 - Still terrible at fundraising00:53:09 - Why not raise $200 million and go big00:55:03 - Doing more of what works00:56:32 - Joint ventures and the beauty of itFollow Mikk/PrivatEquityGuy on Twitter: ⁠⁠⁠https://x.com/PrivatEquityGuy⁠⁠⁠Jeremy on Twitter: ⁠⁠⁠https://x.com/JeremyJHarbourThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

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