In this episode of the M&A Launchpad Podcast, hosts Casey Minshew and Feras Moussa engage in a comprehensive discussion with Kevin Bibelhausen about his journey into business acquisition and entrepreneurship. Kevin shares his transition from a corporate job to entrepreneurship, driven by the desire for autonomy and the challenge of running his own business.
Kevin delves into the process of acquiring a textile business, emphasizing the importance of assembling the right support team and leveraging expertise in finance and operations. He highlights the significance of teamwork, citing the proverb, “If you want to go fast, go alone; if you want to go far, go together.” Kevin shares his experience of raising capital for the acquisition, initially feeling intimidated but ultimately securing $800,000 in just five weeks through platforms like Twitter.
Reflecting on entrepreneurship, Kevin stresses the importance of trust and relationships in business transactions, advocating for a people-centric approach. As the conversation progresses, Kevin shares insights into managing working capital effectively post-acquisition and the importance of nurturing relationships with staff members.
Looking ahead, Kevin expresses commitment to operational excellence and mentorship, balancing hands-on involvement with strategic investment opportunities. Overall, Kevin’s journey underscores the transformative power of entrepreneurship, emphasizing trust, relationships, and continuous learning in navigating the challenges of business ownership.
In this podcast episode, we discuss:
- Team Collaboration and Support
- Strategically Raising Net Working Capital
- Prioritizing People in Business
- Adaptation and Growth Strategies
- You can connect with Kevin Bibelhausen by email: kevin@bibelhausen.com
Additional Resources:
- Access our archive of video interviews on YouTube
- Checkout our upcoming Conference – https://malaunchpad.com/
- Get in touch with show hosts Casey Minshew and Feras Moussa at – info@equitylaunchpad.com
- Looking to invest in M&A opportunities or partner with an advisor to acquire, scale or sell your business? Visit Equity Launchpad
