Exiting for Millions vs. Long-Term Hold
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Don Grigg reflects on the different outcomes for 2 businesses he bought in his 30s, one of which became his life's work.
Register for the webinar:
- Red Flags That Kill or Reshape Deals - Feb 19th - https://bit.ly/468vw6W
Topics in Don’s interview:
- Discovering his passion for manufacturing
- Searching for “small, broken companies” to acquire
- Closing on 2 businesses within 6 months
- How plastics recycling works
- Scaling his plastics recycling business
- Private equity is a poor fit for small business
- Exiting his business felt like losing family
- His son and daughter’s acquisition
- Value of family businesses
- Entrepreneurship through acquisition as your life’s work
References and how to contact Don:
- Native Watercraft
- Bonafide Kayaks
- Enough by John C. Bogle
Get a free review of your books & financial ops from System Six (a $500 value):
- Book a call with Tim or hello@systemsix.com and mention Acquiring Minds
Download the New CEO’s Guide to Human Resources from Aspen HR:
- From this page or contact jenny@aspenhr.com
Get complimentary due diligence on your acquisition's insurance & benefits program:
- Oberle Risk Strategies - Search Fund Team
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
Edited by Anton Rohozov
Produced by Pam Cameron
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