07 Mar Acquiring Minds: How to Buy a Tiny E-Commerce Business & Grow to $4m in Sales | Chad Fondriest Interview
After over a decade making SBA loans to acquisition entrepreneurs, Chad Fondriest decided he would buy a business himself. What he ultimately bought suited him well, despite its size. Darby Creek Trading, an ecommerce brand selling decorative wreaths, did only about $150k in annual revenue. (Talk about buying small!) But Chad’s plan was to pursue this project on the side while keeping his day job as an SBA lender. The risk seemed low, and the upside, interesting. Well even in his fantasies, he didn’t imagine the upside that he is enjoying today, 5 years later. And by the way, Chad still has his day job. Please enjoy this interview with Chad Fondriest, owner of Darby Creek Trading.
