Turning $25k into a $3.2m Exit in Under 4 Years

How that came along was when I was still at my family's business. I had gotten a call from a. A competitor that they were looking to exit.

And I had kept that information. Cause I figured once I acquired my family's business, then I would try to acquire that one and roll it in. Obviously, that didn't work out.

Corey, let me pause you there, because I want to take our time as we ease into that acquisition. But just to. Just to repeat the chain of events here. So you, you are, you know, you got almost two decades of experience in H Vac, you're working for your family business.

You expect that you'll one day buy, inherit, become the owner of this family business. That's kind of go. That process is underway in 2021. And then it kind of comes apart.

And at the end of the year, around Christmas time, you walk out the door and are wondering what to do next. You, as you said, you have your license, so you have an advantage over a lot of people in the H Vac game. And so you start an H Vac.

Business of your own. And you also call back this other existing H Vac business who'd reached out to you about wanting to sell. Do I have all that right?

Simultaneously, you know, I gotta hit the ground running. January 1st. And I knew I was gonna rebrand this other business anyways. Cause it was a family name business, you know, and I wanted a more creative, more marketable, more memorable name.

So, you know, kind of did that a little backwards. Cause I'm incorporating, doing what I need to do while acquiring that business, knowing I'm just going to roll it into this new brand.

Yeah.

You know, so it wasn't like I acquired the business and then rebranded it. Did it a little backwards.

Okay, so a couple things to just underline for the audience here. How about how your story is a little bit different than my typical. First of all, you grew up in the trades, so you are an acquisition entrepreneur who knew the trade very, very well.