Phil Koller studied the concentration and key man risks in a distribution business well-suited to him — and went for it.

Register for the webinar:

• From W2 to Owner Mindset: How to Think About Your Take-Home Pay - TODAY!! - https://bit.ly/4r5RsI3

Topics in Philip’s interview:

• Preferred working in a small company
• His friend talked him into real estate, then ETA
• Inspired by Rich Dad, Poor Dad
• Importance of having his wife on board
• Paused search due to upcoming second child
• Bought Roman Enterprises, an automotive paint distributor
• Inherited exactly 1 employee
• Did door-to-door sales to learn market
• Managed customer and supplier concentration risk
• Drew perseverance from grandfather’s Holocaust survival

References and how to contact Philip:

• LinkedIn
• Roman Enterprises
• Ben Jasper on Acquiring Minds: How to Buy a Manufacturer with $1m in Cash Flow
• Jerod Pierce on Acquiring Minds: From SBA Loan to High 8-Figure Exit

Download the New CEO’s Guide to Human Resources from Aspen HR:

• From this page or contact jenny@aspenhr.com

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

• Pioneer Capital Advisory

Learn more about Walker Deibel's done-with-you buy-side advisory:

• The Acquisition Lab

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