Escaping the J-Curve in a $700k SDE Ecom Business

Check out enzotechnologies.com I N Z O or email Nick directly@nick zotechnologies.com Chris Farkas welcome to Acquiring Minds.

Thanks Will.

Yeah, sure. I before doing this I ran a business intelligence and analytics consultancy that I started back in like 2006. We grew at one point to about 13 employees and about $2 million in revenue. But we hit some struggles.

We had a lot of customer concentration and so and then Covid hit and it was a really tough time. You know, for me personally, the struggles of a downsizing business laying people off. I'm a very employee friendly entrepreneur and people I had working more for me were close to me.

And so it was a really tough process at some point. You know, I had known for a while that buying a business was a really good investment for somebody who could run a company. That's a pretty big if I think for a lot of folks.

But I had known sort of the background that at some point I thought that might be something I'd want to do. And you know I had taken my hand at, at Startup World. What I found for myself is, you know, the movie Rounders.

I'm more of the Matt Damon character than the Ed Norton character. You know, I'm singles and doubles, not, not home runs. And so I was really an operator.

You know, I founded that company out of an expertise and I ran the company, certainly had help along the way but, but I was really operating that company. And so when things start, we really started to struggle. I think I came to the realization that I didn't really have the same passion for that business that I had when I started it, and it was time to move on to something else. And so.

And when was that?

That was In May of 23, I want to say.

Oh, okay. Okay.