March 2, 2022
41. Acquiring 5 Local Businesses To Build a Remote Local Empire, an interview with Mike Loftus
In another of the Remote Local Podcast's ongoing series of entrepreneurial interviews, Neel chatted with Mike Loftus of Connor Landscape.
Mike got a finance degree but found out he hated working inside. He took $10k of his own savings and started knocking on doors, building a landscaping company from scratch. After building it to $750k in revenues, he started acquiring others, three so far and more in the pipeline!
Neel and Mike also discuss:
- All the things you have to learn when starting a business ("what's an EIN, bro?")
- The keys to making good acquisitions
- The importance of being clear on what you want, not what books/influencers tell you you should want
If you'd like to catch up with Mike, you can find him on Twitter, under a handle which is an homage to his father's entrepreneurial spirit.
