05 Jun Acquiring Minds: Raise $800k to Buy an $8m Business | Kevin Bibelhausen Interview
Remarkable how quickly someone can transform their life when they buy a business. Kevin Bibelhausen suffered a Covid-related health scare that caused him to re-evaluate things. He’d flirted with buying a business before, but after this scare he got serious about it. Today, just 2 years later, Kevin raised $800k from investors (that he did not already know) to buy a business valued at almost $8 million. He is now owner & president of a 20-year-old wholesale fabrics business that does almost $10 million a year in sales — not to mention the general partner in a fund to invest in other searcher deals himself. Not bad for 2 years of work.