I just finished a chat with a guy who bought a small remodeling company and transformed it into a thriving business empire.

Before this, he had never even thought about business acquisition.

Within a few years, he grew it to a multi-million dollar enterprise with several successful acquisitions.

Here’s the story:

This acquisition entrepreneur's name is Jason.

Jason’s journey started in the construction industry, where he spent over 20 years as a project manager and general manager at a small remodeling company.

He always wanted to push himself further and saw an opportunity in business acquisitions.

Jason knew he wanted to stay in the construction sector because it was his passion. He believed that passion was essential for persevering through tough times – more than money alone could ever be.

At a dinner party one night, a friend heard Jason was looking to buy a business.

She introduced Jason to a seller.

It was a perfect fit.

The business was in an essential industry he was familiar with: a small masonry business with a unique product for chimneys.

What is masonry?

Masonry involves constructing structures from individual units, often bound together by mortar. The unique product Jason’s new business offered was used in chimneys and was in high demand.

Fast forward, and Jason bought the business.

Jason was managing multiple businesses while still working at his remodeling company. It was a challenging time, but he was determined to make it work.

With his perseverance, Jason grew his businesses significantly, increasing revenue to $8.5M last year.

What did he do to grow the business?

First, he streamlined operations and attracted talented people who shared his vision.

He also structured deals creatively, like profit-sharing arrangements that reduced over time while his payments increased.

Jason was out networking everyone and finding new opportunities.

He also improved his existing operations, invested in new equipment, and improved his teams with better personnel.

Jason's plan is to keep growing the business, but he always stayed flexible.

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