Acquiring Minds

← Acquiring MindsNieuw · 1 u 24 min

When the Business Is Just You: A $650k Garage Biz

When the Business Is Just You: A $650k Garage BizNieuw1 u 24 min

Marco Hsu took over a Porsche upgrade maker run by one person, and now faces the same limits its founder did.

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Topics in Marco’s interview:

“I never wanted to work for a company”Discovered Clewett Engineering through Quiet LightSubmitted 3 LOIs for the same businessRan the business from a small garageSupplier changes disrupted the business for monthsMarco redrew fifty engineering drawingsProfits initially went toward rebuilding inventoryGoals: employees and dedicated workspaceEarning less than his former job“We’re never fully aware of how hard it’ll be”

References and how to contact Marco:

LinkedInClewett EngineeringPatrick Dunphy on Acquiring Minds: The $150k Hiding in the Business He BoughtAdam Goldberg on Acquiring Minds: How to Reinvent a $1m Candle ManufacturerChad Hildebrant on Acquiring Minds: How to Buy a $3m Business with No BooksGet complimentary due diligence on your acquisition's insurance & benefits program:

Oberle Risk Strategies - Search Fund TeamThe ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

The Acquisition LabWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Pioneer Capital AdvisoryConnect with Acquiring Minds:

See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton Rohozov and produced by Pam Cameron