Acquiring Minds
Why Buy a Digital Service Business
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Karl Hughes recently bought a podcast production agency & explains why “productized service” businesses are attractive.
Topics in Karl’s interview:
- Starting a super-niche content marketing business
- The benefits of productizing a service
- Saying no to the wrong revenue
- What he learned about using cold outreach to find sellers
- Acquiring a podcast production company with his partner
- What he likes about digital businesses
- His vision to build a holdco
- The small changes he made immediately
- Why buying small was the right move for him
- Cashflow management in digital businesses
References and how to contact Karl:
- Karl’s article Buying a Business: Acquiring the Podcast Consultant
- The First 90 Days by Michael D. Watkins
- Draft.dev
- The Podcast Consultant
Learn more about Walker Deibel's done-with-you buy-side advisory:
Connect with A-players who can run your business remotely:
Connect with Acquiring Minds:
- See past + future interviews on the YouTube channel
- Connect with host Will Smith on LinkedIn
- Follow Will on Twitter
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