Acquiring Minds

Escaping the J-Curve in a $700k SDE Ecom Business

July 13 · 1 hr 30 min · 86.6 MB
0:00-1:30:12

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Chris Farkas endured a 7-week fetal position moment when he finally found a website bug that had cost him $500k in sales.

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Topics in Chris’s interview: 

  • Going through Acquisition Lab
  • First deal fell through on Christmas Eve
  • Acquiring an ecommerce business with a warehouse
  • Buying inventory he didn’t want
  • The marketing agencies that hurt his business
  • Business almost tanked due to website glitch
  • Doing $10k in sales per day
  • Hardship of traveling every other week
  • Why he stays off Amazon
  • Make only one change at a time

References and how to contact Chris:

Get a complimentary IT audit for acquisition diligence or post-close transition.

The ecosystem for serious acquisition entrepreneurs—education, capital, community, and post-close support to buy and grow a business:

Work with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:

Connect with Acquiring Minds:

Edited by Anton Rohozov and produced by Pam Cameron