07 Jul Acquiring Minds: Reviving a Covid-Crushed Business: $0 to $6M in 3 Years
Regular listeners of Acquiring Minds have heard interviews with searchers who layer their ETA journey with a philosophy or an approach. Well today’s guest is bringing impact to ETA. Adam Rao comes from the world of B-corps and general benefit corporations (GBCs), and saw buying a business as a novel approach to building double-bottom-line enterprise value. We unpack his vision here. A vision which is coming to fruition. Adam and his partner acquired a business that had flatlined due to Covid. No revenue for 15 months when they bought it. In three years and with one bolt-on acquisition, they’ve grown revenue from zero dollars to over $6m. Listen for how Adam thought about — and protected — his downside when taking a flier on a zero-revenue business. Here he is, Adam Rao, owner of Triple20.
