Summary from Webflow: The first business Colin King bought was tiny & unpleasant but also the crucial first step to buying more & better ones.
Topics in Colin’s interview:
- Finding his first business (and business partner) on Craigslist
- Delivering auto parts in the middle of the night
- Buying a turnaround silk florals business
- When his clothing business doubled in revenue overnight
- Day-to-day logistics of running diverse businesses
- Acquiring remote businesses: bookkeeping and e-learning
- Importance of working capital in seasonal businesses
- Pros and cons of having a diverse portfolio of companies
- Asking advice for the future of his holdco
- Finding and managing talent across diverse businesses
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