Reid Tileston bought a business that relied on $800k trucks, capex he came to love for the fat margins they produced.
Topics in Reid’s interview:
- Working on the business instead of in it
- Writing a book about acquisition
- People are the worst and best part of business
- Power of feedback and relationships for business owners
- The company’s slow temp-to-hire process
- Getting his CDL to be hands-on
- Moving paper processes to the cloud
- Pros and cons of an Employee Stock Ownership Program
- Personally testing field service management tech
- Risks of informing employees of a business sale
References and how to contact Reid:
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