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Acquiring Minds

How to Reinvent a $1m Candle Manufacturer

14 Apr 2025

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Register for the webinar:Licenses & Regulatory Issues in Acquisitions - Thu April 17th - https://bit.ly/3G9vf9FAdam Goldberg had to adapt his corporate approach after buying a nearly-closed manufacturer whose sales were down 80%.Topics in Adam’s interview:Building & exiting a wholesale costume jewelry businessDeciding he was too young to retireAcquiring a small, distressed candle businessNever go into business with friendsMistakes in over-hiringTrying to be an absentee ownerApologizing to his teamWhy he prefers small business to corporateExpanding beyond candlesCarving out their brand storyReferences and how to contact Adam:LinkedInSeraconGet $200 off your ticket to the M&A Launchpad Conference in Houston on May 3rd:https://www.malaunchpad.com & enter code ACQUIRINGMINDSGet complimentary due diligence on your acquisition's insurance & benefits program:Oberle Risk Strategies - Search Fund TeamWork with an SBA loan team focused exclusively on helping entrepreneurs buy businesses:Pioneer Capital AdvisoryLearn more about Walker Deibel's done-with-you buy-side advisory:The Acquisition LabConnect with Acquiring Minds:See past + future interviews on the YouTube channelConnect with host Will Smith on LinkedInFollow Will on TwitterEdited by Anton RohozovProduced by Pam Cameron

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