24 Mar Acquiring Minds: How to Automate an Online Wholesale Business | Damon Chlarson Interview
Damon Chlarson acquired an insulation wholesale business in late 2021. Then in late 2022 Damon decided to return to traditional W-2 employment. This decision was partly driven by his sales tanking in Q3 and Damon needing to ensure he could continue servicing his SBA loan (scary). But another part of it was what he had learned about himself. Over the course of 2022, he realized that he just didn’t enjoy the lifestyle of the business he’d acquired. This is one of the hazards of buying a business that hasn’t been covered enough. Put aside fundamentals & financials of the business for a second — you also have to LIKE it.
